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Product Manager - Credit Markets



New York, NY, USA
Posted on Thursday, May 30, 2024

Bloomberg Trade Order Management System (TOMS) is an industry leading, comprehensive fixed income and derivatives solution for the trading community. For sell-side firms, Bloomberg Trade Order Management Solutions (TOMS) delivers global, multi-asset solutions for front-end inventory, trading, and middle office operations. With TOMS, you can optimize your workflow, increase global distribution to markets, manage risk and compliance, and improve operational efficiency.

Bloomberg TOMS is looking for a Product Manager to lead product and business development for Cash Credit. You will be responsible for crafting, building, and delivering the functional feature set for the Credit asset class across TOMS end to end workflows. This role requires in-depth knowledge of front office Credit Trader and Sales desk workflows, notably: E-Trading, Trade Capture, Pricing & Valuations, Position, P&L & Cash management, Portfolio Trading, Front Office Risk management, Lifecycle management, market data, curve building, post trade events and API access. This domain expertise must represent the full front to back workflow for all credit market participant roles in the securitized and loan space.

We will trust you to:

  • Define the product functional roadmap, deliver & implement the plan with a go to Market strategy
  • Define the product vision, strategy, and value proposition internally and to clients
  • Produce and deliver clear functional specification & requirement documents for each phase of achievable product development based on client driven requirements
  • Work collaboratively with other Product Managers to achieve desired end workflow solution
  • Be customer-centric and think in terms of commercial opportunities and develop capabilities to ensure the product stays relevant and fit for purpose
  • Define what the product is, explains how the product works, and sets the product SLA
  • Document the logical architecture of the system
  • Drive product innovation for the Credit asset class
  • Lead product design, build, unit Testing and delivery
  • Engage R&D, QA and Implementation to ensure smooth deployment to client production.
  • Engage clients directly on product development, attend workshops acting as the subject matter expert when required
  • Ensures product meets the set SLA, UX standards and achieves a consistent user experience across Bloomberg
  • Stay current on industry wide issues related to the product

You will need to have:

  • 10+ Years of experience working within Credit Markets product development or as Credit Trader at a leading Sell Side technology vendor or Sell Side bank
  • Proven knowledge of Credit OMS trading, pricing, position management and post trade workflows
  • Proven experience in leading all aspects of product development from a business level
  • In-depth knowledge of Credit EMS workflows including hedging and systematic trading
  • Experience in Portfolio Trading analytics including ETFs and Basket trading
  • Front office Risk Management skills

  • Exposure to CDS and loan markets

We would love to see:

  • Experience in Trading Credit instruments at a leading Sell Side firm
  • Experience in Software development process (Agile methodology) as a Product Manager
  • Proven track record of Building and delivery of credit workflows
  • Experience in using software and tools for Data visualization & Workflow Modeling
  • Understanding of Technology Architecture
  • Excellent presentation skills including written and verbal

If this sounds like you, please apply!

We'll get in touch with you to let you know next steps. In the meantime, check out https://www.bloomberg.com/company/what-we-do/

Bloomberg is an equal opportunity employer, and we value diversity at our company. We do not discriminate based on age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.

Bloomberg provides reasonable adjustment/accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable adjustment/accommodation to apply for a job or to perform your job. Examples of reasonable adjustment/accommodation include but are not limited to making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you would prefer to discuss this confidentially, please email AMER_recruit@bloomberg.net (Americas), EMEA_recruit@bloomberg.net (Europe, the Middle East and Africa), or APAC_recruit@bloomberg.net (Asia-Pacific), based on the region you are submitting an application for.