Junior Product Manager
Company: Cantor Fitzgerald
Location: New York, NY
Type: Full-time
Posted: 2026-07-31
About this role
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 co...