Senior Product Manager - Fixed Income Technology

Jefferies; New York (NY); On-site; USD 180,000 - 280,000; Full time

Job summary

Jefferies seeks a Senior Product and Program Manager to lead the US Credit Trading and eTrading platforms. You will own the US product roadmap, align delivery with global strategy, and partner with Trading desks to set priorities, budgets, and timelines for high-impact front-office initiatives.

You will work closely with CIO and COO to ensure governance, risk management, and successful delivery of strategic programs across global teams.

Qualifications

• 15+ years leading large-scale technology transformation in capital markets front-office
• Strong Fixed Income Credit domain knowledge: IG, HY, EM essential
• Proven track record delivering eTrading or trading platforms in a global environment
• Experience managing regional delivery within global operating models
• Excellent stakeholder management across trading desks, COO, and technology teams
• Strong understanding of system architecture, APIs, and trading system workflows
• Highly organized and delivery-focused with the ability to manage competing priorities
• Strong written and verbal communication across technical and non-technical audiences

Responsibilities

• Own the US product roadmap for Credit Trading and eTrading platforms
• Align regional delivery with global platform strategy and architecture
• Partner directly with Trading desks to define requirements and priorities
• Establish governance with CIO and COO to manage scope, budget, timelines, risks
• Represent US requirements in global forums and ensure cross-regional alignment
• Own end-to-end delivery of US initiatives across trading platforms
• Coordinate across global development teams covering eTrading, pricing, connectivity, and data
• Manage prioritization, release planning, and delivery tracking
• Resolve cross-team dependencies and delivery risks proactively
• Balance regional priorities with scalability and architectural integrity
• Act as SME across fixed income trading workflows: RFQ, streaming, and portfolio trading

Skills

Delivery management

Stakeholder management

Communication skills

Fixed Income domain knowledge

Capital markets experience

Tools

FIX protocol

REST APIs

OMS

EMS

Pricing engines

Job description

We are seeking a Senior Product and Program Manager to lead the development and delivery of Fixed Income Trading and eTrading platforms for the US.

This is a high-impact, front-office-facing role responsible for driving delivery while ensuring alignment with global technology and COO teams. The role requires close partnership with Trading desks, Business Management (COO), and distributed global development teams to deliver scalable, revenue-generating trading capabilities.

We are a results-oriented group looking for a highly organized, delivery-focused individual with strong communication skills, deep domain knowledge of fixed income products, and a proven ability to operate across business and technology stakeholders in a fast-paced, global organization.

Key Responsibilities

• Own the US product roadmap for Credit Trading and eTrading platforms
• Align regional delivery with global platform strategy and architecture
• Partner directly with Trading desks to define requirements and priorities
• Work closely with the CIO and Business COO to establish and maintain a robust governance framework, ensuring successful delivery of strategic initiatives through effective management of scope, budget, timelines, milestones, risks, and dependencies
• Represent US requirements in global forums and working groups and ensure alignment across regions

Delivery & Execution

• Own end-to-end delivery of US initiatives across trading platforms
• Coordinate across global development teams covering eTrading, pricing, connectivity, and data
• Manage prioritization, release planning, and delivery tracking
• Resolve cross-team dependencies and delivery risks proactively

Global Alignment

• Ensure consistency between US delivery and global platform evolution
• Collaborate with global IT and COO teams on shared initiatives and change programs
• Balance regional priorities with scalability and architectural integrity
• Act as subject matter expert across fixed income trading workflows: RFQ, streaming, and portfolio trading
• Provide deep knowledge of eTrading venues including MarketAxess, Tradeweb, and Bloomberg
• Guide teams on pricing, liquidity, and execution models

Experience & Qualifications

• 15+ years’ experience leading large-scale technology transformation problems within capital markets front-office technology
• Strong Fixed Income Credit domain knowledge - Investment Grade, High Yield, Emerging Markets essential
• Proven track record delivering eTrading or trading platforms in a global environment
• Experience managing regional delivery within global operating models
• Excellent stakeholder management skills across trading desks, COO, and technology teams
• Strong understanding of system architecture, APIs, and trading system workflows
• Highly organized and delivery-focused with the ability to manage competing priorities
• Strong written and verbal communication skills across technical and non-technical audiences

Technical Knowledge

• Strong understanding of eTrading protocols and venue connectivity (FIX, REST APIs)
• Familiarity with trading platform architecture: OMS, EMS, pricing engines, and data feeds
• Ability to engage meaningfully with development teams on integration design and delivery risk
• Comfortable working across trading system workflows from order origination through to execution and post-trade

Strong Differentiator

• Direct experience as a PM or product owner embedded with sell-side credit trading desks
• Hands‑on experience with MarketAxess, Tradeweb, or Bloomberg integrations
• Exposure to pricing and risk platform delivery (spread, duration, curve, P&L)
• Experience with portfolio trading or electronic RFQ platform development
• Familiarity with the Ion Trading platform or comparable sell-side execution infrastructure
• Experience operating within a global technology organization, balancing regional and global priorities

Business Knowledge

• Fixed Income Credit trading system experience: flow IG/HY, RFQ, streaming, axes
• Understanding of sell-side eTrading economics: hit rates, response times, venue selection
• Knowledge of front-office workflows from trader tooling through to STP and post-trade reporting
• Awareness of regulatory requirements relevant to electronic trading (MiFID II, SEC, FINRA)