Product Manager, CDS

Socket.dev; Toronto; On-site; CAD 140,000 - 150,000; Full time

Job summary

TMX Group is seeking a Product Manager to lead development and execution of product strategy within its CDS services. You will collaborate with Commercial, Technology, and Operations to deliver innovative, compliant products that meet market needs and drive revenue growth.

Ideal candidates hold a bachelor’s degree and 5–7 years in product management, with strong analytical, communication, and regulatory knowledge, plus experience in the Canadian capital markets.

Qualifications

• Bachelor’s degree in business, finance, technology, or a related field.
• 5–7 years of product management experience, preferably in financial services.
• Strong understanding of the Canadian capital markets and post-trade services.
• Experience with product lifecycle management and agile development methodologies.
• Excellent analytical and problem-solving skills.

Responsibilities

• Support the entire product lifecycle from ideation through development, launch, and ongoing maintenance.
• Gather and prioritize product and customer requirements, translating them into detailed specifications.
• Monitor product performance and identify opportunities for improvement; develop roadmaps and strategic plans.
• Collaborate with technology and operations to define and prioritize development tasks and ensure regulatory compliance.

Skills

Product management

Agile methodologies

Analytical thinking

Communication skills

Regulatory knowledge

Education

Bachelor’s degree in business, finance, technology, or related field

Job description

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

The Product Manager is a key contributor to the development and execution of CDS’s product strategy. This role focuses on managing specific products or product lines within the CDS services suite, ensuring they meet market needs, drive revenue growth, and enhance client satisfaction. The Product Manager will work closely with cross-functional teams, including the Commercial Team, Technology, and Operations, to design, plan, deliver, and support innovative and efficient products and solutions that align with CDS’s strategic objectives and regulatory requirements.

Key Responsibilities

Product Lifecycle Management

• Support the entire product lifecycle from ideation through development, launch, and ongoing maintenance.
• Gather and prioritize product and customer requirements, translating them into detailed specifications.
• Monitor product performance and identify opportunities for improvement.
• Contribute to the development of product roadmaps and strategic plans.

Market Analysis and Customer Engagement

• Conduct market research and competitive analysis to identify trends and opportunities.
• Gather and analyze external and internal stakeholder feedback to understand needs and pain points, and identify opportunities.
• Engage with external and internal stakeholders to gather requirements and provide product updates.

Product Development and Execution

• Collaborate with technology teams to define and prioritize development tasks.
• Work closely with operations to ensure smooth product implementation and support.
• Develop and execute product launch plans, including marketing and communication strategies.
• Monitor and manage product performance metrics.
• Work with legal and compliance to ensure that all products meet the regulatory requirements.
• Maintain a prioritized product backlog.

Cross-Functional Collaboration

• Work effectively with cross-functional teams, including technology, operations, sales, and marketing.
• Communicate product updates and information to internal and external stakeholders.
• Build and maintain strong relationships with key stakeholders.

Financial Analysis

• Develop product pricing in collaboration with the Commercial Team and conduct profitability analysis.
• Monitor product revenue and expenses.
• Provide input into budget planning and forecasting.

Qualifications

• Bachelor’s degree in business, finance, technology, or a related field.
• Minimum of 5-7 years of product management experience, preferably in the financial services industry.
• Strong understanding of the Canadian capital markets and post-trade services.
• Experience with product lifecycle management and agile development methodologies.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.Ability to work effectively in a fast-paced, fluid, and agile environment.
• Knowledge of regulatory environments within the financial sector.

Nice to Have

• Knowledge of ATON (Account Transfer Service).
• Knowledge of Clearing and Settlement.

Salary Range: 140,000/year -150,000/year CAD

Please note that the salary range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

In the market for…

Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.

Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.

Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger 'we'. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!

Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX?

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.