Derivatives Product Manager

TP ICAP; New York (NY); Hybrid; USD 170,000 - 180,000; Full time

Job summary

TP ICAP's Parameta Solutions group in New York is seeking a Senior Product Manager to own and shape data products serving Global Broking and third‑party sources. You will drive product roadmap, act as SME for OTC derivatives including fixed income, rates and credit data, and coordinate data procurement with broking desks and partners to deliver market-ready offerings.

The role demands 5+ years in financial markets data, strong analytical and comms skills, and the ability to translate complex

Qualifications

• 5+ years of experience in financial markets data and end‑client data usage of OTC instruments.
• Strong analytical skills to interpret large datasets and derive insights.
• Excellent written and verbal communication; ability to translate technical requirements for varied audiences.
• Proven organizational skills with ability to manage multiple workstreams and deadlines.
• Ability to convert ideas into structured requirements and documented specifications.

Responsibilities

• Drive global product development initiatives for new data opportunities from Global Broking activities as well as third parties.
• As a senior product manager, develop and execute objectives and strategies for current and future data products to drive revenue.
• Act as SME for OTC derivatives including fixed income, rates and credit data products.
• Coordinate the procurement, evaluation, and publication of data from broking desks and third-parties.
• Collaborate with Technology, Operations, Sales, Client Services, and Analytics to ensure successful project implementation.
• Engage with internal stakeholders and clients to gather feedback and identify opportunities to improve data content.

Skills

Financial markets data

Analytical skills

Communication skills

Organizational skills

Requirements documentation

Job description

Group OverviewThe TP ICAP Group is a world leading provider of market infrastructure.Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.Through our people and technology, we connect clients to superior liquidity and data solutions.The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.About Parameta SolutionsParameta Solutions is the Data & Analytics division of TP ICAP Group. The business provides clients with unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmark and indices, and pre and post-trade analytics. Its post-trade solutions offering helps market participants control their counterparty and regulatory risks through a growing range of tools that manage balance-sheet exposure, as well as compression and optimisation services. The Data & Analytics division includes the following brands: Tullett Prebon Information, PVM Data Services, ICAP Information and Burton-Taylor Consulting.Role OverviewThe role is in Parameta Solutions’ global Capital Markets Data Product function, focusing on identifying, developing, and enhancing data opportunities arising from TP ICAP’s Global Broking activities and third-party sources. The position requires subject‑matter expertise across interest rates and credit OTC derivatives.The role involves driving ownership of the data product, shaping its strategic direction, and overseeing execution of the product roadmap. The candidate will play a key role in analysing, evaluating, and helping manage the procurement of data from broking desks and third-parties, ensuring it is accurately captured, quality-checked, and channelled into Parameta Solutions’ data distribution workflows. They will assist in market research, competitive analysis, business case development, and ongoing product lifecycle management.The role involves supporting product initiatives from concept through delivery, collaborating with Technology, Sales, Marketing, and Quant team to bring enhancements and new data offerings to market. Additional responsibilities include providing SME input to sales teams and client discussions, as well as participating in industry engagement and marketing activities such as webinars and conferences.Role ResponsibilitiesThe role involves driving ownership of the data product, shaping its strategic direction, and overseeing execution of the product roadmap.Drive global product development initiatives for new data opportunities from Global Broking activities as well as third-parties.As a senior product manager, develop and execute objectives and strategies for current and future data products to drive revenue.Act as SME for OTC derivatives including fixed income, rates and credit derivative data products.Coordinate the procurement, evaluation, and accurate publication of data from broking desks and third-parties via Parameta Solutions.Contribute to market analysis, competitive research, and the development of business cases for new data products.Support product lifecycle activities, guiding enhancements from ideation through development and launch. Collaborate with Technology, Operations, Sales, Client Services, and Analytics to ensure successful project implementation.Engage with internal stakeholders and clients to gather feedback and identify opportunities to improve data content.Support the creation and documentation of new data methodologies and contribute to research for new business initiatives.Build and maintain strong relationships with Global Broking teams and other key internal partners.Support marketing activities such as preparing product materials, contributing to newsletters, and assisting at conferences.Experience / CompetencesEssentialDemonstrated exposure to financial markets data with 5 years+ experience, with an understanding of how OTC instruments and market data are used by end‑clients.Demonstrated analytical skills with the ability to interpret large datasets and identify actionable insights.Excellent communication skills, both written and verbal, with the ability to translate technical requirements for varied audiences.Proven organizational skills and ability to manage multiple workstreams and deadlines.Ability to convert ideas into structured requirements and clearly documented specifications.Ability to work independently, take initiative, and contribute proactively to product solutions.DesiredCommercially minded with an interest in derivative market trends and data innovation.Experience collaborating with cross‑functional teamsComfortable engaging with clients or presenting content in industry settings.Demonstrated problem‑solving skills and a focus on delivering high‑quality outcomes.Ability to identify gaps and drive revenue opportunitiesCredible communicator with the ability to build strong relationships across the organisation.Job Band & LevelManager / 6Annual Salary$170,000 - $180,000#PARAMETA #LI-Hybrid #LI-MIDNot The Perfect Fit?Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.Company StatementWe know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.LocationUSA - 200 Vesey Street - New York, NY