Logo
job logo

Junior Product Manager

BGC Group, New York, New York, us, 10261

Save Job

Overview Job Title:

Junior Product Manager, Fixed Income & Credit

Location:

New York City/New York Metropolitan

Firm Overview:

BGC Partners is a leading global brokerage and financial technology company. BGC specializes in the brokerage of a broad range of products, including fixed income (rates and credit), foreign exchange, equities, energy and commodities, shipping, insurance, and futures. BGC also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through brands including Fenics, BGC Trader, Capitalab, Lucera, and Fenics Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Trader, GFI, Fenics, Fenics Market Data, Capitalab, and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC Partners, Inc., and/or its affiliates.

Role Overview:

The

Junior Product Manager – Fixed Income & Credit

supports senior product leaders by gathering requirements, coordinating delivery, and driving adoption of platform enhancements across

rates and credit

workflows. This role bridges business stakeholders, broking desks, and technology teams, contributing to initiatives that support

revenue growth, market coverage, and regulatory/compliance needs .

Responsibilities

Requirements & Discovery

Partner with broking desks and business stakeholders to document needs, pain points, and enhancement ideas across

rates and credit

products.

Convert business needs into

clear user stories , acceptance criteria, and functional requirements.

Assist in maintaining the product backlog and supporting prioritization discussions with senior PMs.

Delivery & Execution Support

Act as day-to-day liaison between broking desks, developers, and QA to ensure smooth delivery.

Track deliverables, dependencies, and risks; escalate blockers to senior PMs as needed.

Support release readiness activities including documentation, training notes, and rollout communications.

Testing & UAT

Support QA by reviewing test scenarios and validating business logic for

credit and rates

workflows.

Coordinate

User Acceptance Testing (UAT)

with end users and ensure sign-offs are completed on time.

Data & Product Insights

Help analyze usage and workflow data to identify improvement opportunities (e.g., liquidity, pricing, trade capture quality, exception rates).

Assist with metrics reporting (feature adoption, workflow performance, issue trends).

Qualifications

Minimum 5 years of experience

in a product, business analyst, or delivery role within:

Fixed income and/or credit trading platforms, e-trading venues, interdealer brokerage, market infrastructure, or adjacent capital markets technology.

Demonstrated experience working with:

Front-office users (traders/brokers/sales), technology teams, and QA.

Domain Knowledge (Required)

Fixed Income (Rates & Credit)

Solid understanding of

government bonds

(e.g., Treasuries, Gilts, EGBs) and inflation-linked bonds (e.g., TIPS/Linkers).

Credit market experience

in at least one of:

Emerging Markets (EM) Bonds

(sovereign and/or corporate)

Working knowledge of

Interest Rate Derivatives (IRS, OIS, FRA, Basis Swaps, Swaption and Cap/Floors)

Credit Derivatives (Single-name CDS

and

CDS indices)

Understanding of key lifecycle events (e.g., coupons, rolls, credit events) at a workflow level

Core Concepts

Understanding of key concepts and calculations:

Price vs yield , yield-to-maturity,

DV01 , and how these are used in trading workflows

Credit-specific basics such as spread, clean/dirty price awareness, and settlement conventions (workflow-level)

Structures & Protocols

Familiarity with packages/structures:

Switches, flies, basis, spread switches (or equivalent packaged trading concepts)

Knowledge of trading protocols:

(Optional) Exposure to implied trading and legging strategies.

Technical Skills

Strong Excel skills (advanced formulas; comfort working with large datasets).

Working knowledge of

SQL

for querying data (Oracle, Sybase, or NoSQL exposure helpful).

Basic-to-intermediate Python for analysis (Pandas/Matplotlib) in Jupyter/Colab preferred.

Comfortable capturing requirements and delivery tracking in

Confluence and Jira .

Familiarity with QA practices; ability to help define test scenarios and validate outcomes

Educational Qualifications

Bachelor’s Degree required

The expected base salary for this position ranges from $140,000 to $160,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

#J-18808-Ljbffr