Derivatives Product Manager, Parameta Solutions at Liquidnet in New York

Job description

• The role is in Parameta Solutions’ global Capital Markets Data Product function, focusing on identifying, developing, and enhancing data opportunities arising from TP ICAP’s Global Broking activities and third-party sources. The position requires subject‑matter expertise across interest rates and credit OTC derivatives.
• The role involves driving ownership of the data product, shaping its strategic direction, and overseeing execution of the product roadmap. The candidate will play a key role in analyzing, evaluating, and helping manage the procurement of data from broking desks and third-parties, ensuring it is accurately captured, quality-checked, and channeled into Parameta Solutions’ data distribution workflows. They will assist in market research, competitive analysis, business case development, and ongoing product lifecycle management.
• The role involves supporting product initiatives from concept through delivery, collaborating with Technology, Sales, Marketing, and Quant team to bring enhancements and new data offerings to market. Additional responsibilities include providing SME input to sales teams and client discussions, as well as participating in industry engagement and marketing activities such as webinars and conferences.

Responsibilities

• The role involves driving ownership of the data product, shaping its strategic direction, and overseeing execution of the product roadmap.
• Drive global product development initiatives for new data opportunities from Global Broking activities as well as third-parties.
• As a senior product manager, develop and execute objectives and strategies for current and future data products to drive revenue.
• Act as SME for OTC derivatives including fixed income, rates and credit derivative data products.
• Coordinate the procurement, evaluation, and accurate publication of data from broking desks and third-parties via Parameta Solutions.
• Contribute to market analysis, competitive research, and the development of business cases for new data products.
• Support product lifecycle activities, guiding enhancements from ideation through development and launch. Collaborate with Technology, Operations, Sales, Client Services, and Analytics to ensure successful project implementation.
• Engage with internal stakeholders and clients to gather feedback and identify opportunities to improve data content.
• Support the creation and documentation of new data methodologies and contribute to research for new business initiatives.
• Build and maintain strong relationships with Global Broking teams and other key internal partners.
• Support marketing activities such as preparing product materials, contributing to newsletters, and assisting at conferences.

Requirements

• Essential
• Demonstrated exposure to financial markets data with 5 years+ experience, with an understanding of how OTC instruments and market data are used by end‑clients.
• Demonstrated analytical skills with the ability to interpret large datasets and identify actionable insights.
• Excellent communication skills, both written and verbal, with the ability to translate technical requirements for varied audiences.
• Proven organizational skills and ability to manage multiple workstreams and deadlines.
• Ability to convert ideas into structured requirements and clearly documented specifications.
• Ability to work independently, take initiative, and contribute proactively to product solutions.
• Commercially minded with an interest in derivative market trends and data innovation.
• Experience collaborating with cross‑functional teams
• Comfortable engaging with clients or presenting content in industry settings.
• Demonstrated problem‑solving skills and a focus on delivering high‑quality outcomes.
• Ability to identify gaps and drive revenue opportunities
• Credible communicator with the ability to build strong relationships across the organization.

Skills

Required

• Financial markets data
• OTC instruments
• Data analysis
• Communication
• Organizational skills
• Requirements documentation
• Independent work

Preferred

• Commercial awareness
• Cross-functional collaboration
• Client engagement
• Problem-solving
• Revenue opportunity identification
• Relationship building

Benefits

• $170,000 - $200,000