Product Owner - Capital Markets / Interest Rate Derivatives (Ref: 191572)

Forsyth Barnes; United Kingdom; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading fintech company in the United Kingdom is seeking a Senior Product Owner with deep expertise in interest rate derivatives. This critical role involves leading product initiatives and requires at least 10 years in product management. The position offers a hybrid work model and a comprehensive benefits package, including 23 days PTO and health benefits.

Benefits

23 days PTO

Hybrid work model

Paid parental leave

3% 401K match

Comprehensive health benefits

Qualifications

• 10+ years of experience in product management or product ownership within financial services.
• Deep subject matter expertise in interest rate derivatives is essential.
• Proven track record of delivering initiatives autonomously in a fast-paced, Agile environment.

Responsibilities

• Lead product initiatives for front-office and middle-office workflows.
• Act as a subject matter expert for OTC derivatives.
• Translate product goals into user stories and Jira tickets.

Skills

Subject matter expertise in interest rate derivatives

Experience in product management

Agile development

SDLC familiarity

Communication skills

Education

Bachelor's degree in Finance, Business, Computer Science, or related field

Tools

Jira

Job description

About Us

Our client is a private equity-backed fintech transforming how financial institutions manage risk and derivatives. Their platform integrates trade analysis, risk management, and front-office innovation with middle-office and back-office workflows, delivering efficiency and insight across interest rate, FX, and commodity products.

They are seeking a senior Product Owner and subject matter expert in interest rate derivatives to join the product team. This is a critical, high-impact role that requires deep domain knowledge, capable of driving roadmap initiatives to completion with autonomy, precision, and credibility across front-office and middle-office workflows.

Job Description

Why This Role is Unique:

• Take ownership of front-office and middle-office initiatives, the company’s key innovation area.
• Serve as the go-to SME on interest rate derivatives, guiding development priorities and ensuring the platform delivers meaningful client value.
• Execute high-impact initiatives from roadmap through delivery, operating with autonomy and minimal supervision.
• Opportunity to grow into a leadership role managing 1-2 BAs within 18-24 months.

Key Responsibilities

• Lead the execution of product initiatives for front-office and middle-office workflows, leveraging deep interest rate derivatives expertise.
• Act as a subject matter expert for OTC derivatives, primarily interest rates, while applying knowledge of FX and commodities where applicable.
• Translate strategic product goals into epics, user stories, and detailed Jira tickets, ensuring clarity, business value, and alignment with client needs.
• Drive backlog management, sprint planning, grooming sessions, and PI planning with development teams.
• Collaborate with PMs, developers, and cross-functional stakeholders to ensure timely and high-quality delivery.
• Assess the impact of initiatives on client experience, risk management, and operational efficiency.
• Communicate progress, blockers, and outcomes to internal stakeholders.

Requirements

• 10+ years of experience in product management or product ownership within financial services.
• Deep subject matter expertise in interest rate derivatives is essential; FX and commodities knowledge a plus.
• Proven track record of delivering initiatives autonomously in a fast-paced, Agile environment.
• Strong familiarity with the SDLC and development team collaboration.
• Comfortable writing and managing detailed Jira tickets, user stories, and acceptance criteria.
• Excellent communication skills with the ability to translate complex technical and financial concepts into actionable plans.
• Bachelor’s degree in Finance, Business, Computer Science, or related field; advanced degrees a plus.

Benefits

• 23 days PTO
• Hybrid work model within the US
• Paid parental leave
• 3% 401K match
• Comprehensive health benefits including HSA and FSA options, life insurance, and short-term disability

Other

This is a high-impact, execution-focused role for a senior Product Owner with deep interest rate derivatives expertise. If you are a subject matter expert capable of autonomously driving initiatives from strategy to delivery, this role offers the chance to shape the future of capital markets technology.