Arranged Financing Global Product Owner

Job description

Responsible for delivering the Prime Finance Arranged Financing product which is a key strategic initiative for the business.

The key activity of a Product Owner is collecting and prioritising requirements from the Global Prime Finance business and cross-asset / front-to-back stakeholders in order to drive delivery for a given area.

Key Accountabilities

Accountable to the Prime Finance business for ensuring:

· The Arranged Financing product roadmap is developed, defining the key business requirements, managing sponsored deliverables throughout the development cycle, ensuring tangible and successful end-to end delivery
· Ensure product investment is clearly aligned to commercial business objectives & outcomes
· Ongoing engagement with key front-to-back infrastructure functions (e.g. operations, technology, legal, compliance, regulatory change) in order to shape the product offering
· Continual review, evaluation and enhancement of the product offering. Ensure that the product offering is in-line with client requirements and meets business performance targets
· An understanding of the hedge fund competitive landscape to innovate and drive our products forward to be best-in-class
· Monitoring of ongoing regulatory requirements and changes, assessing impact to the business model, and developing strategic proposals accordingly
· Proactively identify and implement process re-engineering and platform improvement initiatives in a globally consistent way.
Impact on the Business
· Improved technology delivery into the business will decrease operational risk, increase regulatory compliance and increase trading revenues.
Customers / Stakeholders
· Senior Equity/Prime Finance Management
· Global GB&M technology developers (based in New York, Toronto, London, Hong Kong, Pune and Guangzhou).
· Front-to-back stakeholders e.g. Finance / Risk / Operations
Leadership & Teamwork
· To be successful in this role, the candidate must work in partnership with Technology in order to drive delivery. They should lead and enable technology teams: removing blockers, answering questions and providing information which helps the delivery team move quicker.
Operational Effectiveness & Control
· Throughout the technology delivery cycle, operational risk and controls must be at the forefront of a Product Owner's mind. It is also important to work closely with Business Management / Control Office to ensure that control and regulatory requirements are understood and appropriately prioritised.
Role Context
· Within the Global Equities business, a network of Product Owners has been established, which includes full-time Product Owners, like this role, and some part time Product Owners, who will have a “day job” within the Equities Business.
Management of Risk
· All technology development should be rigorously tested / signed off prior to release
· This role is responsible for this testing and sign-off process
· Development should be well-communicated with all relevant stakeholders to ensure external dependencies are raised and can be controlled
Observation of Internal Controls
· All technology development should occur within a rigorous framework of internal controls.

Desired profile

Qualifications :

·  5-10 years Prime Finance product development experience at a top tier bank
·  Deep understanding of US Prime Brokerage / Arranged Financing and critical success factors
·  Manage project programs across multiple streams of work simultaneously while balancing the client needs versus budgetary pressures
·  Successful history of working closely with technology and driving technology change in a collaborative manner.
·  Ability to meet firm wide risk and control standards and gain legal, risk and compliance approval in regards to product enhancements and supporting business requirements.
·  Proven track record of effectively resolving issues and conflicts to ensure timely delivery
·  Ability to drive an agenda and consensus across multi-functional and cross-regional teams
·  Ability to build and sustain a wide network of stakeholders in a large matrix organisation.
·  Ability to think strategically in designing end-to-end solutions, re-engineering business and operational processes as required
·  Demonstrates problem solving abilities
·  Commercial outlook
·  Excellent written and verbal communication skills
EEO/AA/Minorities/Women/Disability/Veterans