Equity Derivative TradeAgent Product Manager

Equity Derivative TradeAgent Product Manager 

About us:

LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a commitment to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, manage risk and create jobs. It’s how we’ve contributed to supporting the financial stability and growth of communities and economies globally for more than 300 years!

Through a comprehensive suite of trusted financial market infrastructure services – and our open-access model – we provide the flexibility, stability and trust that enable our customers to pursue their ambitions with confidence and clarity.

LSEG is headquartered in the United Kingdom, with significant operations in 70 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.

Our people:

People are at the heart of what we do and drive the success of our business. Our culture of connecting, creating opportunity and delivering excellence shape how we think, how we do things and how we help our people fulfil their potential.

We embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives.  We break down barriers and encourage teamwork, enabling innovation and rapid development of solutions that make a difference. Our workplace generates an enriching and rewarding experience for our people and customers alike. Our vision is to build an inclusive culture in which everyone feels encouraged to fulfil their potential.

We know that real personal growth cannot be achieved by simply climbing a career ladder – which is why we encourage and enable a wealth of avenues and interesting opportunities for everyone to broaden and deepen their skills and expertise.

As a global organisation spanning 70 countries and one rooted in a culture of growth, opportunity, diversity and innovation, LSEG is a place where everyone can grow, develop and fulfil your potential with meaningful careers.

Role profile:

 LSEG is in the process of launching and developing new Post Trade services which expand beyond the traditional core clearing businesses!

As part of the effort to launch new products and services within the new Post Trade Division, LSEG is seeking to hire a Product Manager, based in New York, to develop and implement new services within the existing Equities OTC business.

The ideal candidate will have detailed Equities OTC derivatives knowledge covering trade booking, life-cycle events, confirmations and settlement. Experience in product ownership, change management experience and familiarity with Agile methodology is preferable

Key responsibilities of the role:

Within a wider product team, the individual will focus on the Contract & Trade Life-cycle service with key responsibilities being; product enhancement, customer engagement, solution design, roadmap planning in collaboration with stakeholders and the Business Leads

• Builds and maintains a client engagement model to drive Product development.
• Owns product strategy, design, business requirements, feature and functionality trade-offs for elements of the Equity Derivative TradeAgent business in partnership with Agent Business Stakeholders.
• Contributes to product roadmaps, communicating the vision to their teams, senior leaders and stakeholders.
• Acts as the product lead on project delivery teams, providing direction on scope, approach and helping formulate go-to-market tactics.
• Executes on go-to-market strategies with Business Lead and Sales org to successful launch & follow up.
• Develops a client training plan for product workflows.
• Conducts research on market evolution, competitors, client requirements and strategies.
• Engages with Member Integration and Operations teams to establish Product/Function Champions.
• Ownership for the creation and maintenance of technical specifications and associated documentation.
• Works closely across divisions to market and manage new products.
• Responsible to help develop, mentor and coach colleagues to enhance the overall capability in the business and fostering the talent within the function.

Crucial experience and skills required:

• Asset Classes
  • Detailed understanding and experience of OTC equity derivatives market, market infrastructure & contract life-cycle.
  • Detailed understanding of ISDA definitions & legal confirmation processes for Equity Derivative asset class.
• Analysis Skills & decision making
  • Strong analytical skills, with the ability to organise complex data, assess multiple options, and make sound, evidence-based decisions in a timely manner.
• Problem solving
  • Defines a problem and evaluates and identifies the best solution to overcome the problem.
• Stakeholder management
  • Builds trusting relationships with internal and external stakeholders to understand their drivers and negotiate positive outcomes​.
  • Partners closely with TradeAgent Equity business team to ensure strategy is aligned and executed.
• Product development lifecycle
  • Has experience of taking Products through their development lifecycle from idea generation to bringing a product to market.
  • Experience running or participating in product design working groups to capture detailed requirements with industry partners.
• Relationship building
  • Interacts well with others, quickly establishing rapport building positive relationships and networks within existing TradeAgent Equities team.
• Competitor knowledge
  • Remaining up to date in the marketplace we operate in, gathering data on competitors and analyses their prices, sales, and method of marketing and distribution.
• Customer knowledge
  • For all the participant types that operate in the Equities business has a knowledge of their organization structure, business strategy and challenges, product/service offerings, key leaders and industry.
• Strategic thinking
  • Has a broad, big-picture view of the organisation and its mission to innovate through analysis of issues and trends and how these link to responsibilities, capabilities and potential of the organisation.
• Training & mentoring
  • Trains, develops and mentors colleagues to maximise their potential, develop their skills, and improve their performance.
• Project planning & delivery
  • Demonstrates the ability to plan and organise activities effectively, manage priorities and contribute to the successful delivery of projects within agreed timelines and standards.
  • Supports analytical, experimental, investigative and other fact-finding work in support of technology product development.
• Initiative
  • Identifies what needs to be done and takes appropriate action without waiting to be asked; is a self-starter.

Ideal experience

• Product roles in Equity Derivative Operations within middle office, confirmations or settlement functions within investment bank or institutional investment manager.
• Delivery of significant programs of work to both internal and external clients.
• Understanding of existing other Post Trade OTC trade processes including relevant market infrastructure, FX especially relevant.
• Familiarity with established network connectivity message types (FIX, JSON, FPML, SFTP).

Career Stage:

Manager

Compensation/Benefits Information:

LSEG is committed to offering competitive Compensation and Benefits. The anticipated base salary for this position is $126,900 - $211,500.Please be aware base salary ranges may vary by geographic location, city and state. In addition to our offered base salary, this role is eligible for our Annual Incentive Plan (AIP/”bonus plan”). Target AIP rates will be commensurate with role level and posted career stage. Individual salary will be reflective of job related knowledge, skills and equivalent experience. LSEG roles (excluding internships and part-time roles of less than 20 hours per week) are typically eligible for inclusion in our LSEG Benefits program, which includes offerings of: Annual Wellness Allowance, Paid time-off, Medical, Dental, Vision, Flex Spending & Health Savings Options, Prescription Drug plan, 401(K) Savings Plan and Company match. LSEG’s Benefits plan also includes basic life insurance, disability benefits, emergency backup dependent care, adoption assistance commuter assistance etc.

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

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