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VP, Product Manager – EFT, PT, HT Execution

New York, New York

Job Description:

Job Description:

The Equity Execution Platform Group is looking for an individual to take responsibility to manage particular product and platform priorities for the Cash & Swap Equities Trading business.

The role will focus on the execution management workflows, applications and priorities of the Equities Sales & Trading desks. This will require the candidate to become deeply familiar with the end to end lifecycle of products and trade flows across cash & swap business units; including Delta One, ETF, Index Rebalance, CRB and Core Cash trading desks. This further entails having a deep understanding of the markets, clients and products utilized and managed by these desks. The role requires experience and understanding of risk analytics and optimization, hedging strategies, index product pricing and trading workflows. The successful candidate will be a core subject matter expert and a critical pillar in driving systematic risk trading strategies and implementing change across the Equities infrastructure.  

Role:

  • Define Product strategy in close collaboration with risk traders and equities management
  • Define detailed design requirements in conjunction with critical support partners. e.g. Technology, Sales & Trading, Compliance, Legal, Operations, ETRM,  etc.
  • Manage and govern key Equities investment initiatives, e.g. execution related OPEX investments
  • Drive detailed analysis of priority products, clients and markets to establish product baselines, peer insights and commercial opportunities
  • Establish coherent, well defined business cases and work with management to pitch investment opportunities
  • Be an active participant in discussions and influence decisions around the end to end trading lifecycle and the strategic equities architecture
  • Work closely with Technology and Product partners to maintain oversight of our investments, progress and regulatory obligations

Responsibilities

  • Own and drive Product strategy for ETF, Index Rebalance and Core Cash execution;
    • Define and document business opportunities and pitch investment cases
    • Document requirements and ensure product delivery aligns to user requirements
    • Measure product baselines and define KPIs and target metrics with Sales and Trading
    • Explore industry, client and competitor trends to ensure product remains relevant and forward looking
  • Ensure the ongoing delivery of critical equities product as follows:
  • Robust governance and management of core investments and priorities
  • Work and collaborate with IT and Support partners
  • Influence and shape future investment and design decisions in  conjunction with Equities management and business leads

Required Qualifications:

  • Trading or Risk Analytics background with strong understanding of Index decomposition, hedge optimization and market making strategies
  • Excellent communication skills to work with sales, trading, product, technology, and support partners globally
  • Strong team work and ability to collaborate with others
  • Excellent problem solver with an ability to work independently and comfortable working in a fluid environment with shifting priorities
  • Prior experience of ETF, Delta One and Index Rebalance products and trading strategies
  • Highly motivated and strong desire to learn business and new technologies

Desired Qualifications:

  • Experience with managing operational or system risk
  • Some coding/scripting experience (with knowledge of best practices) in Java/Python preferred
  • FINRA Series 7 and 63 registered
  • Project Management certifications/Experience

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Job Description:

The Equity Execution Platform Group is looking for an individual to take responsibility to manage particular product and platform priorities for the Cash & Swap Equities Trading business.

The role will focus on the execution management workflows, applications and priorities of the Equities Sales & Trading desks. This will require the candidate to become deeply familiar with the end to end lifecycle of products and trade flows across cash & swap business units; including Delta One, ETF, Index Rebalance, CRB and Core Cash trading desks. This further entails having a deep understanding of the markets, clients and products utilized and managed by these desks. The role requires experience and understanding of risk analytics and optimization, hedging strategies, index product pricing and trading workflows. The successful candidate will be a core subject matter expert and a critical pillar in driving systematic risk trading strategies and implementing change across the Equities infrastructure.  

Role:

  • Define Product strategy in close collaboration with risk traders and equities management
  • Define detailed design requirements in conjunction with critical support partners. e.g. Technology, Sales & Trading, Compliance, Legal, Operations, ETRM,  etc.
  • Manage and govern key Equities investment initiatives, e.g. execution related OPEX investments
  • Drive detailed analysis of priority products, clients and markets to establish product baselines, peer insights and commercial opportunities
  • Establish coherent, well defined business cases and work with management to pitch investment opportunities
  • Be an active participant in discussions and influence decisions around the end to end trading lifecycle and the strategic equities architecture
  • Work closely with Technology and Product partners to maintain oversight of our investments, progress and regulatory obligations

Responsibilities

  • Own and drive Product strategy for ETF, Index Rebalance and Core Cash execution;
    • Define and document business opportunities and pitch investment cases
    • Document requirements and ensure product delivery aligns to user requirements
    • Measure product baselines and define KPIs and target metrics with Sales and Trading
    • Explore industry, client and competitor trends to ensure product remains relevant and forward looking
  • Ensure the ongoing delivery of critical equities product as follows:
  • Robust governance and management of core investments and priorities
  • Work and collaborate with IT and Support partners
  • Influence and shape future investment and design decisions in  conjunction with Equities management and business leads

Required Qualifications:

  • Trading or Risk Analytics background with strong understanding of Index decomposition, hedge optimization and market making strategies
  • Excellent communication skills to work with sales, trading, product, technology, and support partners globally
  • Strong team work and ability to collaborate with others
  • Excellent problem solver with an ability to work independently and comfortable working in a fluid environment with shifting priorities
  • Prior experience of ETF, Delta One and Index Rebalance products and trading strategies
  • Highly motivated and strong desire to learn business and new technologies

Desired Qualifications:

  • Experience with managing operational or system risk
  • Some coding/scripting experience (with knowledge of best practices) in Java/Python preferred
  • FINRA Series 7 and 63 registered
  • Project Management certifications/Experience

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21084431

Band: H5

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Christina Rodgers

Referral Bonus:

0

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036