Product Development Senior Specialist

Nasdaq; Philadelphia (Philadelphia County); Hybrid; USD 120,000 - 150,000; Full time

Benefits offered by this job

401(k) with 6% employer match

Employee Stock Purchase Program with 5

Life and disability plans

Generous paid time off

Comprehensive medical/dental/vision

Hybrid work schedule

Job summary

Nasdaq is seeking a Product Development Senior Specialist to join the Market Services team in Philadelphia. You will own product backlogs, translate business needs into technical requirements, and help modernize critical applications with cloud-based, API-driven solutions.

You’ll collaborate with engineers and stakeholders, lead agile ceremonies, and leverage AI tools to accelerate delivery. Hybrid work is available with in-office presence in Philadelphia.

Qualifications

• Bachelor's degree or equivalent experience in a related field.
• 5+ years in Product Ownership or related technology roles.
• Experience with data analysis, reporting, or SQL is a plus.
• Agile experience and backlog management using Jira.
• Ability to write clear user stories and technical specs.
• Strong understanding of APIs, integrations, and data flows.
• Proven collaboration with software engineers and teams.
• Excellent analytical, problem-solving and communication skills.

Responsibilities

• Learn legacy applications to map core use cases and architecture.
• Own backlogs, user stories, acceptance criteria and requirements.
• Translate business needs into detailed technical requirements.
• Support modernization of apps to cloud-based platforms.
• Define APIs, integrations, workflows and future-state solutions.
• Lead agile ceremonies and backlog refinement with stakeholders.
• Develop Nasdaq market operations and compliance domain expertise.
• Leverage AI tools to accelerate analysis, documentation and delivery.
• Support production issues and improve performance across teams.
• Collaborate with global teams across NA and Europe.

Skills

Product Ownership

Business Analysis

Agile methodologies

Data analysis

API knowledge

Stakeholder management

Communication skills

Learning new technologies

Education

Bachelor's degree in Computer Science, Engineering, Information Systems, Business Analytics, Finance, Economics, or related field

Tools

Jira

Confluence

GitHub

Power BI

Figma

CI/CD practices

Job description

We're looking for a Product Development Senior Specialist to join Nasdaq's Market Services team and play a key role in modernizing the technology that supports global financial markets. This is an exciting opportunity for someone who enjoys working at the intersection of product, technology, and business. You'll collaborate with engineers, architects, operations teams, and business stakeholders to improve critical applications, define product requirements, and help deliver modernization initiatives that enhance how Nasdaq serves its customers.

A large part of your work will focus on supporting strategic cloud transformation efforts, helping bring legacy functionality into modern customer-facing applications and API-driven solutions. You'll gain deep exposure to Nasdaq's market operations, membership services, and compliance processes while helping shape the next generation of technology that powers them.

This role will support our Trade Support teams by enhancing a cloud-based application that provides Nasdaq with a comprehensive view of orders and trades, along with the ability to manage orders, process post-trade adjustments, and oversee trading activity across multiple markets and asset classes.

If you're naturally curious, eager to learn about market structure, enjoy collaborating with technical teams, and thrive on tackling complex challenges, we'd love to hear from you.

What You'll Do

• Deeply learn 1-2 legacy applications in terms of user navigation, core use cases and basic underlying architecture.
• Own and maintain product backlogs, user stories, acceptance criteria, and functional requirements to support business and technology priorities.
• Translate business processes and operational needs into clear, detailed technical requirements that drive development and delivery.
• Support the modernization of business-critical applications, helping migrate functionality into cloud-based and customer-facing platforms.
• Work closely with development teams to define APIs, integrations, workflows, and future-state solutions.
• Lead and participate in Agile ceremonies, including sprint planning, backlog refinement, stakeholder reviews, and quarterly planning activities.
• Develop expertise in Nasdaq's market operations, membership services, and compliance processes to help shape product decisions and business outcomes.
• Leverage AI-powered tools and automation opportunities to accelerate analysis, documentation, backlog management, and delivery activities.
• Support production issue management and collaborate with teams to continuously improve application performance and operational efficiency.
• Work with global teams across North America and Europe to deliver technology solutions that make a meaningful impact.

What You'll Bring

• Bachelor's degree in Computer Science, Engineering, Information Systems, Business Analytics, Finance, Economics, or a related field, or equivalent practical experience.
• 5+ years of experience in Product Ownership, Product Development, Business Analysis, Software Delivery, or a related technology-focused role.
• A background that includes exposure to data analysis, reporting or basic SQL is preferred and will help you succeed in the position.
• Experience working in Agile software development environments and managing product backlogs through tools such as Jira.
• Proven ability to write high-quality user stories, acceptance criteria, business requirements, and technical specifications.
• Strong understanding of software development processes, APIs, integrations, application architectures, and data flows.
• Experience partnering directly with software engineers and technical teams to deliver complex solutions.
• Strong analytical, problem-solving, communication, and stakeholder management skills.
• A passion for learning new technologies, products, and business domains.

Nice to Have

• Experience in financial services, fintech, capital markets, exchange technology, or market infrastructure environments.
• Experience supporting large-scale modernization programs, cloud migrations, or digital transformation initiatives.
• Familiarity with AWS cloud technologies and modern software delivery practices.
• Experience using AI-enabled development tools and agentic workflows such as GitHub Copilot, Claude, AWS Kiro, or similar solutions.
• Familiarity with Jira, Confluence, GitHub, Power BI, Figma, and CI/CD practices.
• Professional certifications such as CSPO, CSM, AWS Cloud Practitioner, or similar credentials.

This position is located in Philadelphia and offers the opportunity for a hybrid work environment at least 3 days a week in-office, subject to change, providing flexibility and accessibility for qualified candidates.

Come as You Are

Nasdaq is an equal opportunity employer. We welcome applications from candidates of all backgrounds and identities.

We are committed to fostering an inclusive workplace where diverse perspectives, experiences, and identities are valued and celebrated.

We ensure that individuals with disabilities are provided with reasonable accommodation throughout the hiring process.

What We Offer

We're proud to offer a competitive rewards package that is meaningful, recognizes the unique needs of our employees and their families and incentivizes employees for their contribution to Nasdaq's overall success.

In addition to base salary, Nasdaq offers significant other compensation (annual bonus/commissions and equity), benefits, and opportunity for growth. Exact compensation may vary based on several job-related factors that are unique to each candidate, including but not limited to: skill set, experience, education/training, business needs and market demands.

Nasdaq's programs and rewards are intended to allow our employees to:

• Secure Wealth: 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $10k, Company paid life and disability plans, Generous paid time off
• Prioritize Health: Comprehensive medical, dental and vision coverage, Health spending account with employer contribution, Paid flex days to support mental wellbeing, Gym membership discounts
• Care for Family: Hybrid home/office schedule (for most positions), Paid parental leave, Fertility benefits, Paid bereavement leave
• Connect with Community: Company gift matching program, Employee resource groups, Paid volunteer days
• Grow Career: Education Assistance Program, Robust job skills training and Professional development opportunities

For more information, visit Nasdaq Benefits & Rewards Career page.