Responsibilities

• Partner with broking desks and business stakeholders to document needs, pain points, and enhancement opportunities across rates and credit products


• Translate business needs into clear user stories, acceptance criteria, and functional requirements


• Maintain the product backlog and support prioritization discussions with senior product managers


• Serve as the day-to-day liaison between broking desks, developers, and QA to ensure smooth delivery


• Track deliverables, dependencies, and risks, escalating blockers to senior product managers when needed


• Support release readiness activities, including documentation, training materials, and rollout communications


• Review QA test scenarios and validate business logic for credit and rates workflows


• Coordinate User Acceptance Testing (UAT) with end users and ensure timely sign-offs


• Analyze usage and workflow data to identify improvement opportunities such as liquidity, pricing, trade capture quality, and exception rates


• Assist with metrics reporting, including feature adoption, workflow performance, and issue trends

• Strong understanding of Fixed Income markets across Rates and Credit


• Solid knowledge of government bonds such as Treasuries, Gilts, and EGBs, as well as inflation-linked bonds like TIPS and Linkers


• Credit market experience in at least one area:
  
  
  
  
  • Corporate Bonds (Investment Grade / High Yield)
  
  
  • Emerging Markets Bonds (sovereign and/or corporate)
  
  


• Working knowledge of Interest Rate Derivatives including IRS, OIS, FRA, basis swaps, swaptions, and caps/floors


• Working knowledge of Credit Derivatives including single-name CDS and CDS indices


• Understanding of key lifecycle events such as coupons, rolls, and credit events at a workflow level


• Understanding of essential pricing and risk concepts: price vs. yield, yield-to-maturity, DV01, and their use in trading workflows


• Awareness of credit-specific fundamentals including spread, clean vs. dirty price, and settlement conventions at a workflow level


• Familiarity with common trading structures such as switches, flies, basis trades, and spread switches


• Knowledge of trading protocols including central limit order books (CLOB) and basic auction mechanisms


• (Optional) Exposure to implied trading and legging strategies

Technical Skills

• Strong Excel skills (advanced formulas; comfort working with large datasets).


• Working knowledge of SQL for querying data (Oracle, Sybase, or NoSQL exposure helpful).


• Basic-to-intermediate Python for analysis (Pandas/Matplotlib) in Jupyter/Colab preferred.


• Comfortable capturing requirements and delivery tracking in Confluence and Jira.

Familiarity with QA practices; ability to help define test scenarios and validate outcomes




Qualifications

• Minimum 5 years of experience in a product, business analyst, or delivery role within:
  
  
  
  • Fixed income and/or credit trading platforms, e-trading venues, interdealer brokerage, market infrastructure, or adjacent capital markets technology.
  
  


• Demonstrated experience working with:
  
  
  
  • Front-office users (traders/brokers/sales), technology teams, and QA.
  
  


• Personal Attributes


• Clear communicator with strong stakeholder management skills.


• Analytical, detail-oriented, and comfortable working with numbers and trading concepts.


• Proactive, takes initiative, and thrives in fast-paced environments.


• Collaborative mindset with a bias toward execution and problem-solving.