Senior Product Manager | Electronic Trading Technology

Raymond James Financial, Inc.; New York (NY); On-site; USD 150,000 - 210,000; Full time

Job summary

Raymond James Financial, Inc. seeks an experienced Product Leader to own the lifecycle of electronic trading products for Global Equities.

You will partner with trading desks to translate business priorities into executable technology outcomes, manage backlogs, and lead cross-functional delivery across Trading, Engineering, Operations, Risk, and Compliance. You will drive platform modernization, governance, and client enablement while partnering with vendors and market data providers to advance

Qualifications

• Bachelor’s degree in Business, Finance, Technology, or related field with 7+ years in product management in financial services.
• Demonstrated experience partnering with trading desks and cross-functional teams.
• Experience owning products through full lifecycle: roadmap, delivery, and enhancement.
• Proven track record with electronic trading platforms, OMS/EMS, routing or market data.
• Experience with platform modernization, migration, or technology replacement initiatives.

Responsibilities

• Serve as the primary technology product partner for assigned Global Equities trading desks and platforms.
• Own the product lifecycle including strategy, roadmap, modernization, backlog, delivery, and client enablement.
• Translate business priorities into clear product priorities and executable technology outcomes.
• Own and prioritize backlogs and investment recommendations based on value, risk, and dependencies.
• Lead requirements definition ensuring acceptance criteria are understood by Engineering.
• Coordinate cross-functional delivery across Trading, Engineering, Operations, Risk, and Compliance.
• Identify tradeoffs, risks, and decisions; make recommendations when priorities conflict.
• Provide product leadership during production incidents and escalations.
• Evaluate and modernize trading platforms to meet business and regulatory needs.
• Support client enablement and growth through changes to electronic trading capabilities.
• Partner with Compliance and Risk to embed controls and governance.
• Engage with vendors, venues, market-data providers to drive delivery and strategy.
• Establish success measures using metrics and feedback to drive prioritization.
• Monitor developments in electronic trading to identify risks and opportunities.
• Communicate strategy and status clearly to stakeholders, including senior management.
• Contribute to interviewing, onboarding, and development of Product Team members.
• Perform other duties as assigned.

Skills

Sell-side equities

Electronic trading

Product management

Agile methodologies

Regulatory/compliance

Vendor management

Education

Bachelor's degree in Business, Finance, Technology, or related discipline

Tools

Trading platforms

Job description

Essential Duties and Responsibilities:

• Serve as the primary technology product partner for assigned Global Equities trading desks, platforms, and capabilities.

• Own the product lifecycle for assigned products, including product strategy, roadmap development, platform modernization, requirements and backlog prioritization, delivery, release, client enablement, production support, and ongoing enhancement.

• Partner directly with trading stakeholders to understand business priorities, client needs, workflows, challenges, and opportunities and translate them into clear product priorities and executable technology outcomes.

• Own and prioritize product backlogs and investment recommendations based on business value, client impact, risk, cost, dependencies, capacity, and strategic alignment.

• Lead requirements definition and ensure business needs, expected outcomes, controls, and acceptance criteria are sufficiently understood by Engineering and other delivery partners.

• Lead cross-functional delivery across Trading, Engineering, Operations, Risk, Compliance/Supervision, vendors, and other stakeholders.

• Identify and communicate tradeoffs, dependencies, risks, and decisions required to move product initiatives forward. Make clear recommendations when resources, requirements, or stakeholder priorities conflict.

• Provide product leadership during significant production incidents and operational escalations by assessing business impact, coordinating stakeholders, establishing priorities, communicating status, and supporting resolution and follow-up efforts.

• Lead the evaluation, modernization, migration, and strategic replacement of trading platforms and related technology capabilities when existing solutions no longer meet business, client, control, resiliency, or technology needs.

• Support client enablement and business-growth opportunities that require changes to electronic trading capabilities, workflows, integrations, connectivity, or reporting.

• Partner with Compliance/Supervision and Risk to ensure product changes incorporate applicable controls, regulatory requirements, and appropriate governance throughout the product lifecycle.

• Lead engagement with strategic technology vendors, execution venues, market-data providers, and third-party platform providers to drive delivery, issue resolution, product enhancements, service performance, and long-term platform strategy.

• Establish success measures and use operational metrics, trading data, user feedback, incident trends, and business outcomes to evaluate product performance and inform prioritization and investment decisions.

• Monitor developments in electronic trading, market structure, technology, regulation, client needs, and the industry to identify emerging risks, opportunities, and product needs.

• Communicate product strategy, priorities, delivery status, risks, outcomes, and decisions clearly to business and technology stakeholders, including senior management.

• Contribute to interviewing, onboarding, and development of Product Team members as needed.

• Perform other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities:

Knowledge of:

• Sell-side institutional equities, electronic trading workflows, market structure, and trading technology.

• Electronic order lifecycle, routing, execution, market data, reference data, and related front-to-back trading workflows.

• Product management and product development lifecycles.

• Agile software development and backlog management practices.

• Application management and production technology environments.

• Financial-services risk, control, and regulatory considerations applicable to electronic trading environments.

• Third-party trading technology, market-data, and vendor management considerations.

Skill in:

• Developing trusted partnerships with senior trading and technology stakeholders.

• Translating complex business and trading needs into clear product requirements, priorities, roadmaps, and measurable outcomes.

• Managing competing stakeholder priorities and influencing decisions without relying on formal authority.

• Communicating recommendations, tradeoffs, risks, decisions, and complex technology issues clearly and concisely.

• Leading cross-functional product delivery across business, technology, operations, control functions, and external vendors.

• Analyzing complex workflows and identifying opportunities for automation, simplification, resiliency, and improved client or trading outcomes.

• Managing change in complex, business-critical technology environments.

Ability to:

• Independently own a portfolio of electronic trading products and initiatives.

• Establish credibility with traders and senior stakeholders through strong domain knowledge, preparation, responsiveness, and sound judgment.

• Challenge assumptions and stakeholder requests constructively while maintaining effective working relationships.

• Navigate ambiguity, competing priorities, and complex organizational dependencies.

• Translate strategic objectives into executable product plans and drive those plans through delivery, release, adoption, and outcome measurement.

• Make and communicate recommendations when resources, requirements, or stakeholder priorities conflict.

• Respond effectively to changing trading-desk and production needs while maintaining appropriate focus on committed strategic work.

• Communicate product vision, execution plans, risks, decisions, and status to both technical and non-technical audiences.

• Operate effectively in a fast-paced, business-critical electronic trading environment.

Educational/Previous Experience Requirements:

• Bachelor’s degree in Business, Finance, Technology, or a related discipline and a minimum of seven (7) years of product management, product ownership, or related experience within financial services, including demonstrated experience in institutional equities, electronic trading, capital markets, or trading technology.

• Demonstrated experience independently partnering with trading stakeholders and cross-functional technology, Operations, Risk, and/or Compliance teams.

• Experience owning technology products through the full product lifecycle, including roadmap development, requirements and backlog prioritization, delivery, release, and ongoing enhancement.

• Experience with electronic trading platforms, order management/execution management systems, market data, routing, or related trading technology is strongly preferred.

• Experience supporting platform modernization, migration, vendor evaluation, or strategic technology replacement initiatives is preferred.

• Experience using product, operational, incident, client, or trading data to inform priorities and evaluate outcomes is preferred.

Licenses/Certifications:

• None required.