FICC Product Manager

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

Seeking an experienced product development manager to support the build-out and growth of our Fixed Income trading platforms.  This role sits within the FICC E-Trading & Market Structure team in Global Markets.  This horizontal team works across all FICC lines of business, enabling both Bank of America and its clients to benefit from new electronic trading strategies and products, evolving liquidity, and changes in market structure.  The team works with venues and vendors to identity new use cases and strategic investment opportunities.  The team partners with colleagues at all levels of Global Markets and collaborates with other teams across Quant, Technology, COO, Legal and Compliance to bring complex projects to fruition in a demanding and fast-moving trading environment.

Key Responsibilities

• Coordinating product development across the FICC domain, with a particular focus on Fixed Income products, especially Mortgages
• Defining product strategy and ensuring alignment with the broader FICC business’s strategy
• Collaborating with Technology and Quant teams to ensure cohesive and timely delivery of trading functionality
• Acting as the Product Owner for key trading platform components
• Overseeing venue and vendor partnerships and acting as a sounding board for strategic investments
• Leveraging data analytics and changes in market structure to inform product and business strategy
• Ensuring product development aligns with compliance and governance requirements

Required Qualifications

• Bachelors level degree, with a preference for STEM or Finance, or equivalent work experience
• Extensive knowledge and experience in one or more FICC products such as Mortgages, Repo or Rates
• Understanding of other Fixed Income products such as Credit, Derivatives, or ETFs is a distinct advantage
• Familiarity with the full trading and risk lifecycle in a Principal-trading environment
• Understanding of design best practices in electronic trading and risk management
• Strong organizational skills and an ability to influence change and drive consensus
• Experience with Agile methodologies (Scrum, Scaled Agile) and tooling (Jira) is beneficial
• Must work well in a collaborative team environment and be willing to adapt to new responsibilities over time

Shift:

Hours Per Week: