Credit Product Manager in London

Credit Product Manager in London

London Full-Time 80000 - 100000 £ / year (est.) No home office possible
Sumitomo Mitsui Financial Group, Inc.

At a Glance

  • Tasks: Drive strategic product initiatives in Global Markets Fixed Income, focusing on cash products.
  • Company: Join SMBC Group, a leading international banking partner with a diverse and inclusive culture.
  • Benefits: Enjoy hybrid working, competitive pay, and comprehensive wellbeing support.
  • Other info: Be part of a dynamic team with excellent career growth opportunities.
  • Why this job: Make a real impact by shaping innovative financial solutions for clients.
  • Qualifications: Experience in credit and rates products, with strong communication and collaboration skills.

The predicted salary is between 80000 - 100000 £ per year.

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

We are seeking a Director-level Product COO to drive strategic product initiatives across Global Markets Fixed Income, with a focus on cash products spanning Credit and Macro Rates. The role partners closely with Trading Desk Heads and the S&T Head of Product to define and deliver the strategic product roadmap. You will ensure trading platforms and technology solutions evolve to meet desk and client needs, while aligning with the broader S&T mid-term strategy across AD and EMEA.

  • Lead the definition and execution of the strategic product roadmap, aligned to the overall S&T strategy.
  • Collaborate with global credit and rates trading teams and IT partners to ensure cross-regional alignment and effective delivery.
  • Champion simplification through a single flow per product, driving sustainability and operational efficiency across the combined AD/EMEA technology estate.
  • Engage confidently with senior Sales and Trading management, providing clear, structured updates on priorities, progress and delivery.

Requirements

  • Strong understanding of credit and rates products, market structure, regulatory frameworks, trading technologies and key industry vendors.
  • Proven experience developing and maintaining multi-year product roadmaps, crafting robust business cases and socialising product vision with senior stakeholders.
  • Demonstrated ability to work effectively with Technology, Operations, Risk, Legal, Compliance and other control functions to shape solutions, manage constraints and deliver to market.
  • Ability to translate trading desk requirements into clear technology deliverables and influence cross-regional and cross-functional teams.
  • Assertive, credible communicator with strong interpersonal skills; self-motivated, collaborative and able to influence outcomes while operating as part of a broader team.

Business Area

EMEA Fixed Income Credit and Rates department comprises Government Bond, Credit EM, and Structured Products traders based in London, supported by sales teams located across major European financial centres. The trading desk provides market-making services to a broad client base, including real money accounts and leading hedge funds. There is a clear strategy for combined technology and client solutions across regions to better meet our client's needs and grow our franchise.

Position Description

  • Product Strategy and Vision - Partner with desk heads to define and articulate a clear technology vision aligned to desk priorities, S&T growth plans and the wider international strategy. Support buy vs build decisions, system decommissioning, IT resourcing and investment planning. Communicate strategy to senior management and incorporate feedback.
  • Roadmap Development - Create, own and maintain the technology roadmap for the desk's application suite. Communicate the roadmap to stakeholders and continuously re-prioritise based on user feedback, desk strategy and business plans. Ensure alignment with S&T strategic objectives and drive a simplified, efficient operating model.
  • Requirements and Prioritisation - Develop business cases, product vision and detailed requirements for new products and enhancements. Provide senior stakeholders with clear options and analysis on feature scope, sequencing and trade-offs. Partner with the S&T Head of Product on prioritisation, communicate priorities to IT teams, and keep users informed of delivery plans. Maintain a strong understanding of end-to-end product flows across the technology stack.
  • Cross-Functional Collaboration - Represent desk interests in discussions with IT, architects, Quants/Strats and other forums. Work closely with Quants, project managers and business analysts to translate the roadmap into executable plans and oversee delivery. Engage senior IT management to identify skills, resourcing and investment required to meet business objectives.
  • Performance Monitoring and Reporting - Define KPIs to measure product success. Gather post-release user feedback and drive continuous improvement. Report progress against strategy and roadmap to desk heads, users and wider stakeholders, contributing to S&T book-of-work updates as required.
  • Market Research and Analysis - Stay current on industry developments, electronic trading innovations, vendor platforms and competitor offerings. Understand client needs to drive innovation in the roadmap. Monitor market and regulatory changes, ensuring mandatory initiatives are incorporated.

Competencies

  • Customer Focus
  • Driving Change
  • Driving Results
  • Embraces Diversity
  • Enterprise Leadership
  • Judgement and Decision Making
  • Risk Management
  • Strategic and Visionary
  • Trust and Integrity

What we offer

For all the expertise and experience you bring to help us make a difference, it's only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-being and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members' perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work-life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

  • Hybrid and flexible working
  • Competitive paid leave days
  • Benefits to support your physical well-being, including private medical insurance and life and invalidity insurance
  • Various policies to support your mental well-being, including a robust behavioural health network with counselling and coaching services
  • Access a wide range of learning and development opportunities and career progression opportunities
  • Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!

About SMBC

A trusted partner for the long term. United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.

Credit Product Manager in London employer: Sumitomo Mitsui Financial Group, Inc.

At SMBC Group EMEA, we pride ourselves on being an excellent employer that champions employee growth and well-being. Our dynamic work culture promotes diversity and inclusion, offering hybrid working options, competitive benefits, and extensive learning opportunities to help you thrive in your career. Join us in London, where you can contribute to innovative financial solutions while enjoying a supportive environment that values your contributions and fosters a healthy work-life balance.
Sumitomo Mitsui Financial Group, Inc.

Contact Detail:

Sumitomo Mitsui Financial Group, Inc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Credit Product Manager in London

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its products. Understand their market position and be ready to discuss how your skills align with their goals. This shows you're genuinely interested and well-prepared.

✨Tip Number 3

Practice your pitch! Be clear about your experience and what you bring to the table. A confident, concise introduction can set the tone for the rest of the conversation.

✨Tip Number 4

Don’t forget to follow up after interviews! A simple thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re a perfect fit.

We think you need these skills to ace Credit Product Manager in London

Product Management
Credit Products Knowledge
Market Structure Understanding
Regulatory Frameworks Knowledge
Trading Technologies Familiarity
Business Case Development
Stakeholder Engagement
Cross-Functional Collaboration
Technology Roadmap Development
KPI Definition and Monitoring
User Feedback Analysis
Strategic Planning
Communication Skills
Interpersonal Skills
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Credit Product Manager role. Highlight relevant experience and skills that align with the job description, especially in product strategy and cross-functional collaboration.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background makes you the perfect fit. Don't forget to mention your understanding of credit and rates products!

Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to drive strategic initiatives and deliver results. Numbers and outcomes speak volumes, so quantify your successes where possible!

Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people!

How to prepare for a job interview at Sumitomo Mitsui Financial Group, Inc.

✨Know Your Products Inside Out

As a Credit Product Manager, it's crucial to have a strong understanding of credit and rates products. Brush up on the latest market trends, regulatory frameworks, and trading technologies. This knowledge will not only help you answer questions confidently but also demonstrate your commitment to the role.

✨Prepare Your Roadmap

Be ready to discuss your experience in developing and maintaining product roadmaps. Think about specific examples where you've crafted business cases or collaborated with stakeholders. This will show that you can align product strategies with broader company goals, which is key for this position.

✨Engage with Confidence

You’ll need to communicate effectively with senior management and cross-functional teams. Practice articulating your thoughts clearly and assertively. Use examples from your past experiences to illustrate how you've influenced outcomes and driven change in previous roles.

✨Showcase Your Collaborative Spirit

This role requires working closely with various teams, including IT and Operations. Be prepared to discuss how you've successfully collaborated across departments in the past. Highlight your ability to translate complex requirements into actionable plans, as this will be vital for ensuring effective delivery.

Credit Product Manager in London
Sumitomo Mitsui Financial Group, Inc.
Location: London

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