Product Owner - Fixed Income & Repo

Product Owner - Fixed Income & Repo

Job Level: Director Job Function: Technical Product Management Location: New York, NY, US Employment Type: Full Time

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges. In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $168,000.00 and $227,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Description

We are seeking a highly skilled and strategic Product Owner to lead the roadmap and delivery of trade capture and valuation platforms with a specific focus on our growing fixed income business. This role is critical in managing trade booking, valuation processes, and risk models to ensure accuracy, compliance, and operational efficiency across global markets. The candidate should have robust knowledge of the full trade life cycle, from execution, all the way through settlements & clearing.

Role Objectives

• Define and own the roadmap for trade capture and valuation platforms, aligning with trading, risk, and regulatory objectives.
• Prioritize features that improve booking accuracy, valuation timeliness, and integration with downstream systems.
• Champion modernization initiatives, including automation of trade workflows and scalable architecture adoption.
• Act as the primary liaison between trading desks, risk management, finance, and technology teams to capture requirements and deliver impactful solutions.
• Build strong relationships with FICC business leaders and enterprise partners to ensure alignment and adoption.
• Facilitate workshops and sprint planning sessions to validate priorities and manage dependencies.
• Own and refine the product backlog, ensuring clarity and prioritization based on business value and technical feasibility.
• Collaborate with engineering, QA, and DevOps teams to deliver high-quality solutions on time.
• Apply Agile and SAFe principles to improve delivery efficiency and transparency across global teams.
• Ensure adherence to regulatory standards (ECB, MiFID II, Dodd-Frank) and internal risk frameworks.
• Partner with compliance and risk teams to embed controls into product design and delivery.
• Stay ahead of industry trends in trade capture, valuation methodologies, and risk analytics.
• Drive initiatives to enhance performance, reduce operational risk, and improve trader experience.
• Promote data-driven decision-making and continuous feedback loops.

Qualifications and Skills

• 10+ years of experience in product management or ownership within investment banking or trading technology.

• Deep understanding of FICC products (Rates, Credit, FX, Commodities) and trade capture/valuation workflows.

• Deep expertise with trade booking systems, valuation engines, market data integration, and risk platforms.

• Strong knowledge of Agile methodologies (SAFe experience preferred).

• Excellent communication, negotiation, and stakeholder management skills.

• Ability to balance strategic vision with hands-on execution in a fast-paced environment.

• Proficient with providing clear and concise product direction and managing a team of engineers, QA, & BA individuals to ensure high quality, well tested product is developed

• Bachelor's degree in Finance, Technology, or related field; advanced degree preferred.

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required. SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at View email address on click.appcast.io.