Junior Product Manager | New York, NY, USA

Cantor Fitzgerald Securities • Full-time • New York, NY, US • 1m ago

Junior Product Manager

Responsibilities

• Partner with broking desks and business stakeholders to document needs, pain points, and enhancement opportunities across rates and credit products • Translate business needs into clear user stories, acceptance criteria, and functional requirements • Maintain the product backlog and support prioritization discussions with senior product managers • Serve as the day-to-day liaison between broking desks, developers, and QA to ensure smooth delivery • Track deliverables, dependencies, and risks, escalating blockers to senior product managers when needed • Support release readiness activities, including documentation, training materials, and rollout communications • Review QA test scenarios and validate business logic for credit and rates workflows • Coordinate User Acceptance Testing (UAT) with end users and ensure timely sign-offs • Analyze usage and workflow data to identify improvement opportunities such as liquidity, pricing, trade capture quality, and exception rates • Assist with metrics reporting, including feature adoption, workflow performance, and issue trends
• Strong understanding of Fixed Income markets across Rates and Credit • Solid knowledge of government bonds such as Treasuries, Gilts, and EGBs, as well as inflation-linked bonds like TIPS and Linkers • Credit market experience in at least one area:

• Corporate Bonds (Investment Grade / High Yield) • Emerging Markets Bonds (sovereign and/or corporate)
• Working knowledge of Interest Rate Derivatives including IRS, OIS, FRA, basis swaps, swaptions, and caps/floors • Working knowledge of Credit Derivatives including single-name CDS and CDS indices • Understanding of key lifecycle events such as coupons, rolls, and credit events at a workflow level • Understanding of essential pricing and risk concepts: price vs. yield, yield-to-maturity, DV01, and their use in trading workflows • Awareness of credit-specific fundamentals including spread, clean vs. dirty price, and settlement conventions at a workflow level • Familiarity with common trading structures such as switches, flies, basis trades, and spread switches • Knowledge of trading protocols including central limit order books (CLOB) and basic auction mechanisms • (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

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.
• Personal Attributes • Clear communicator with strong stakeholder management skills. • Analytical, detail-oriented, and comfortable working with numbers and trading concepts. • Proactive, takes initiative, and thrives in fast-paced environments. • Collaborative mindset with a bias toward execution and problem-solving.