Product Owner - Rates & FX Trading

Sumitomo Mitsui Banking Corporation•New York, NY

10d•Hybrid

About The Position

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 rates & FX 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 settlement & clearing.

Requirements

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

Nice To Haves

advanced degree preferred

Responsibilities

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.