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Director Product Management/Trading

Hiring Company Industry: Networks
Number of Employees: 1 - 100 Employees
Total Compensation: $170K+
     - Base Salary: $150K+
Reports to: VP Product Management
Location: Jersey City, NJ; New York, NY
Position Filled
JOB DESCRIPTION

This individual will have responsibility and oversight for the Trading Systems Desktop portfolio.


The Director will be responsible for the development, growth and roadmap for the desktop portfolio including trading turret, web and PC applications as well as the CTI/Web Services integration with 3rd party partners creating a eco-system.


This includes on-going technology assessment within the context of the competitive landscape. Based on market-driven feedback from customers and prospects, the PM will write clear product requirements. The PM will work closely with development managers to define the contents and delivery of ongoing product releases and ensure that the requirements are met for each stage of  product development process.


Essential duties and responsibilities



  • To manage formal requirements capture for ongoing capabilities of existing products to maintain value for the institutional trading on a global basis.

  • To research, analyze, and monitor financial trading market, technological, and demographic factors so that market opportunities may be capitalized on and the effects of competitive activity may be minimized.

  • To establish, communicate and manage the related contractual commitments in support of customers and supplier contracts.

  • To generate a detailed product definition for the development for the support of  trading systems solutions to support Trading Systems business.

  • To define and co-ordinate the security enhancements and ongoing security demands for the trading systems desktop products and associated products.

  • To provide product and solutions support to customer solutions (Pre-sales/ Tender Support) groups on a global basis.


Qualifications


To perform this job successfully, an individual must be able to perform each essential duties satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


EDUCATION and/or EXPERIENCE



  • 5+ years of product management experience.

  • Bachelors Degree (B.A., B.S.) or equivalent or work experiences a strong plus.

  • It is highly desirable that the candidate also possess a post-graduate qualification

  • The candidate should have technical and commercial understanding of trading environment and the user needs of traders. Ideally their experience are with companies such as Thomson Reuters, Bloomberg, Pivot Solutions, Wall Street Source, Dow Jones, Telekurs, Quick, Tenfore and other financial news and products companies.

  • Proven success in managing the whole product life cycle including product launches

  • Knowledge of financial trading business is required, knowledge of the financial institutional, broker and buy-side customers globally is ideal.

  • The candidate will require a strong grasp of technology in the communications sector with a bias towards financial services.


Strong communications Skills·         Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. ·         Ability to respond to common inquiries from customers, regulatory agencies, or members of the business community. ·         Ability to effectively present information to sales, pre-sales and customers.  Competencies


Preferred competencies should including the following



  • Active Listening

    • Tendency to identify the key elements of other’s communications and to gather further relevant information through effective questioning and summarizing.



  • Adaptability

    • Tendency to respond positively and enthusiastically to changes in responsibility, culture or environment



  • Creativity

    • Tendency to challenge assumptions and generate imaginative and novel ideas.



  • Judgement

    • Tendency to make high quality decisions through evaluating all relevant data and reaching unbiased, logical conclusions.



  • Monitoring

    • Strong preference for setting up and using monitoring systems to regulate the activities of self and others.



  • Persuasiveness

    • Tendency to convince others to own point of view and to gain acceptance of proposals, plans and decisions



  • Sensitivity

    • Strong awareness of the impact of own behavior on others and tendency to respond appropriately to achieve results.



  • Team working

    • Tendency to recognize the team’s objectives and to participate fully in their achievement taking on whatever role is required.



  • Vision

    • Tendency to inspire others by communicating a clear picture of a desired future state.




 


KEY ATTRACTIONS


 



  • This largely autonomous, high profile role offers the opportunity to drive forward a core revenue generator in a key division in  and provides opportunity to maximize the revenue and drive growth of .


 



  • The company has a strong culture of personal development and empowerment


 



  •  is the global market leader with over 50% market share of the financial trading positions using  products affording us a unique position in the industry and ability to transform trading communications


 



  • This company’s demanding and influential customer base consists of the world’s top financial institutions


 


 

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