What are the responsibilities and job description for the Fixed Income Product Manager position at BGC Group?
Fixed Income Product Manager – Job Description
About BGC Partners
BGC Partners is a leading Inter-Dealer Brokerage firm providing liquidity, order management, trading, and post-trade straight-through processing for our customers through the GBX (Global Broker Exchange) platform. The platform supports a wide range of products including fixed income bonds (rates and credit) and derivatives (interest rate and credit default swaps) across global financial markets in the Americas, EMEA, and APAC regions.
Role Overview
The Fixed Income Product Manager will act as the bridge between business stakeholders, broking desks, and technology teams. The successful candidate will help identify, define, and deliver platform enhancements that drive revenue growth, expand market coverage, and ensure regulatory compliance.
Key Responsibilities
- Collaborate with business stakeholders to identify new feature opportunities that enhance revenue potential, market reach, and compliance.
- Translate business requirements into clear, actionable system requirements.
- Liaise between broking desks, developers, and QA teams to ensure successful implementation and rollout of solutions.
- Support QA during testing and coordinate User Acceptance Testing (UAT) with end users to ensure timely sign-offs.
Domain Knowledge
- Deep understanding of Fixed Income products including Treasuries, Gilts, EGBs, TIPS/Linkers, and Corporate Bonds.
- Strong grasp of derivative instruments such as Credit Default Swaps (CDS) and Interest Rate Swaps (IRS), OIS, FRAs, Caps/Floors, and Swaptions.
- Excellent understanding of price, yield-to-maturity, and DV01 concepts and their underlying calculations.
- Familiarity with structured trades and packages (switches, flies, basis, gadgets, spread switches) and how they are priced and settled.
- Knowledge of trading protocols such as Central Limit Order Books (CLOB) and auction mechanisms.
- (Optional) Understanding of implied trading and legging strategies.
Technical Skills
- Advanced Excel proficiency.
- Working knowledge of SQL for querying databases (Oracle, Sybase, NoSQL).
- Ability to conduct data analysis in Python using frameworks such as Pandas and Matplotlib (in Jupyter Notebook or Google Colab).
- Ability capture requirements in Confluence and Jira
- Familiarity with test automation and ability to guide the QA team on test scenarios
Personal Attributes
- Excellent communication and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Highly motivated and self-driven.
- Proactive and takes initiative in fast-paced environments.