Senior Product Manager – Equity Options, Listed Futures Product, Banking
Teamrecruiter.comJob Description
Our banking client is looking for a Senior Product Manager – Equity Options, Listed Futures Product, Banking
Length: 6 months contract with the high possibility of extension
Location: Toronto, ON – Hybrid (2-3 days a week, not set days)
Hours: Monday – Friday, 8am to 5pm, flexible
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ABOUT THE ROLE
We are seeking a hands-on Equity Options and Listed Futures Product Manager (Contract) to lead the onboarding and integration of new Order Management System (OMS) capabilities that support U.S. and Canadian listed derivatives trading. Although the title is “Product Manager,” this is fundamentally a business–technology execution role requiring someone who understands the trading business, knows OMS plumbing end to end, and can drive vendor delivery with rigor and accountability.
This individual will “test the heck out of” vendor-delivered features, ensuring every workflow—from front office order handling to middle office allocations to clearing processes—is validated thoroughly and works exactly as required for real world trading operations.
This is a hybrid role based in Toronto, with a high likelihood of contract extension based on performance and project needs.
KEY RESPONSIBILITIES
OMS Integration & Delivery
- Lead the onboarding and deployment of new OMS functionality to support U.S. and Canadian equity options and listed futures trading.
- Evaluate vendor-delivered functionality deeply, including FIX workflows, routing logic, allocations, average pricing, give ups, step outs, and clearing processes.
- Build and execute comprehensive front to back test plans covering trading, middle office, and post trade workflows.
- Validate integrations across market data, exchange connectivity, clearing brokers, risk systems, and regulatory reporting.
Vendor Management & Accountability
- Hold vendors accountable for delivery timelines, scope, defect resolution, and functional completeness.
- Translate trading, operational, and regulatory requirements into clear specifications and actionable work items.
- Proactively chase issues across technology, QA, operations, and vendor engineering teams to ensure timely resolution.
- Trading Workflow Expertise
- Serve as a subject-matter expert on listed derivatives trading, market structure, and North American exchange behavior.
- Partner with traders, operations, and compliance to ensure delivered features align with practical trading expectations and regulatory obligations.
- Provide post launch support and identify continuous improvement opportunities.
REQUIRED QUALIFICATIONS
- 5+ years’ experience in equity options or listed futures—ideally in trading, product management, business analysis, or trading technology.
- Deep understanding of OMS architecture and workflows, including:
o full order lifecycle
o FIX protocol
o middle-office and allocation workflows
o clearing processes and post trade lifecycle
- Demonstrated ability to independently test, validate, and sign off on complex trading workflows.
- Strong hands-on understanding of U.S. and Canadian market structure.
- Experience driving technology projects from requirements through production readiness.
PREFERRED QUALIFICATIONS
- Prior trading experience (options or futures) highly valued.
- Experience with major OMS/EMS vendors (FlexTrade, Fidessa, Bloomberg, Tbricks, TRAFiX, etc.).
- Project management or program delivery experience.
- Experience in a bank, broker dealer, prop trading firm, or trading technology vendor.
- Familiarity with regulatory frameworks such as SEC, CFTC, IIROC, and CSA, including CAT and LOPR.
WHAT WE OFFER
- Competitive contract compensation.
- Hybrid work model based in Toronto.
- Opportunity to take ownership of high-impact trading technology initiatives.
- Exposure to front to back trading workflows in a global, fast-moving environment.
- Strong likelihood of contract renewal for high-performing candidates.
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URGENT: Please read the job description above. If this interests you, apply to the job with your most updated resume, including your contact number and email address.
The recruiter in charge of this role is Fathiya
If you do not think you are a match for this opportunity, but know someone who is, feel free to forward this job description to them and you will be eligible for a referral bonus upon a successful hire.
Please note that this is the most up to date version of job description available at this time – During Client Interview you will receive additional information – variance may apply!
Please note: Adherence to our end client’s vaccination policy is a requirement.
Please visit the TEAMRECRUITER website to review other CAREER OPPORTUNITIES!
Job Types: Full-time, Fixed term contract
Contract length: 6 months
Pay: $126.30-$155.99 per hour
Work Location: Hybrid remote in Toronto, ON
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