Product Manager, Core Trading

MarketAxess is a FinTech company and component of the S&P 500.  We are a leading provider of global fixed income trading platforms, data, and post-trade solutions. 

The fixed-income markets represent an enormous global marketplace, where only a fraction of average daily trade volume occurs electronically. Believe it or not, most fixed-income trades are still executed via phone or blotter, providing us with a significant opportunity for disruption and future growth. 

We believe this market is ripe for disruption and have created a proprietary electronic platform that connects the world’s most influential financial institutions to the world’s largest capital market.  Since 2015, MarketAxess has grown from roughly 300 employees to approximately 700 with offices across seven countries and annual revenue has more than doubled.  We’re excited about the growth opportunities ahead and have built a fast-paced, collaborative, environment where all employees are empowered to make a material impact.  We hope you’ll come join us!

About the Job

We are seeking a highly motivated and skilled Product Manager (PM) to join our core trading product team. Reporting into the Senior Product Manager, the PM will be responsible for defining and prioritizing product features and working closely with the development team to ensure successful delivery. The ideal candidate will have experience in agile development methodologies, a strong understanding of customer needs and credit market trends, and the ability to communicate effectively across cross-functional teams.

What You’ll Do

• Define and prioritize product features based on customer needs, business goals, and market trends
• Work closely with the development team to ensure timely and high-quality delivery of features
• Create and maintain a product backlog that is transparent and accessible to all stakeholders
• Clearly communicate product vision, roadmap, and priorities to cross-functional teams and stakeholders
• Conduct user research and gather feedback to inform product decisions
• Conduct market research and competitive analysis to inform product strategy
• Collaborate with designers to create and maintain product design and user experience
• Monitor product metrics and key performance indicators (KPIs) to measure success and identify areas for improvement
• Continuously iterate and improve product based on customer feedback and market trends
• Ensure that product development is aligned with company strategy and goals
• Participate in sprint planning, sprint reviews, and retrospectives as part of an agile development process

What You Bring to the Table

• 3+ years of experience in product management, product ownership, or a related field
• Strong understanding of agile development methodologies
• Excellent communication and collaboration skills
• Strong analytical and problem-solving skills
• Experience with product management tools such as Jira, Trello, or Asana
• Strong understanding of user experience and design principles
• Experience with user research and customer feedback methods
• Experience with data analysis and product metrics
• Proven ability to drive product success and growth

Preferred but Not Required 

• SQL experience to run basic query
• Fixed-income domain knowledge; specifically, with spread trading and hedging protocols
• FIX familiarity, specifically FIX for Fixed Income
• OMS/EMS familiarity (e.g., Aladdin or Bloomberg AIM) and the major fixed income ECNs (Bloomberg, Tradeweb, MarketAxess)

What’s In It for You?

In addition to working on cutting edge technology and in our culture of innovation, collaboration, and openness, we offer:

• Hybrid Environment: Flexibility matters! Our employees enjoy a mix of working in the office and from home
• Employer Provided Food: Free lunch is delivered for all employees when in the office. Offices are always stocked with free snacks and drinks.
• Paid time off: Competitive PTO package including vacation days, sick leave, charity leave and parental leave
• 401(k): Dollar-for-dollar employer match up to $10K
• Employee Stock Purchase Plan: Participate in our tax advantaged ESPP and purchase MarketAxess common stock
• Health Insurance: Highly competitive medical, dental, and vision programs
• Wellness Stipend: Up to $1K annually towards gym memberships, home office equipment and more
• Onsite Healthcare: Convenient access to world-class care through Mount Sinai at our Hudson Yards location
• Tuition Assistance and Professional Training: We want to empower your continued growth and development. On-demand learning, boot camps, and opportunities to attend conferences are available to all employees.

For job positions in NYC, NY, and other locations where required, the estimated salary range for a new hire into this position is $125,000 USD to $185,000 USD. Actual salary may vary depending on job-related factors, which may include knowledge, skills, experience, and location. You may also be eligible for annual cash incentives, equity, and other benefit programs.

MarketAxess Corporation and its affiliates provide equal employment opportunities to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, veteran status, or any other legally protected characteristic in the location in which the candidate is applying.

All of your information will be kept confidential according to EEO guidelines.

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