Product Manager, Investment Bank (IB) Cleared Derivatives

Your role

Do you have an entrepreneurial mindset and are you eager to understand and fulfill our clients' needs?
Do you want to play a key role in transforming our firm into an agile organization?

At UBS, we re-imagine the way we work, the way we connect with each other - our colleagues, clients and partners - and the way we deliver value. Being agile will make us more responsive, more adaptable, and ultimately more innovative.

We're looking for a Cleared Derivatives Product Manager to:

As part of the Financing Clearing Crew:
Co-develop a clear product strategy, vision and roadmap with the Pod Product Owner and wider Pod/Crew members. This covers Exchange & Regulatory Mandatory Projects, Business and Operational demand, Modern Tech and any other demands in the Market & Evolution Pod
Act as Product Manager within an agile team, participating in agile ceremonies and ensuring the product requirements are clear to designers, engineers and business users
Ensure the product is being analyzed and assessed, tested and communicated to the business, market working groups and any relevant end clients users. Key to be able to gain the relevant client and business demand insights and operational readiness needs, before testing and go-lives
Ensure the quality and compliance of the product, from a technical and also non-functional requirements (i.e. production stability, performance, maintainability, efficiency)
Support Pod Objective and Key Results (OKRs) and provide relevant product measurements and metrics to meet overall business goals

Cleared Derivatives Product Management responsibilities:
Set and deliver on outcome-focused goals, such as using OKRs for the Global Exchange Trade Derivatives (ETD) Operations function
Collaborate with COO and Operations to deliver the Target Operating Model
Attendee at relevant Data & Metrics IB Operations (IBO) Forums. Deliver strategic Key Performance Indicators (KPIs) connectivity to IBO Dashboard
Understand ETD Operations cost allocation model and identify/present operating model opportunities and cost reductions
Collaborate with ETD Business to showcase analytics as part of new business pitches and retention meeting
ETD Data & Metrics KPIs submissions, economic profitability Quarterly Analysis, Service Billing, UBS ESE Vendor KPIs
Industry and peer benchmarking, awareness of market direction of the product

F2B Product Management Operations responsibilities:
Utilizing new data points to develop enhanced dashboard and analytics opportunities; Define future requirement / opportunity for intraday and end-of-day reporting and end-to-end (E2E) client real-time matching
Drive ETD Digital Operations strategy and roadmap - covering workflow management, dashboarding and analytics
Solutionise non-strategic change prioritised against IB ETD Operations Problem Inventory

Detailed salary information:
New York: the salary range for this role is $108000 to $133000
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.

Join us

At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We're dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That's why collaboration is at the heart of everything we do. Because together, we're more than ourselves.
We're committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

Disclaimer / Policy statements

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.

Your team

In our agile operating model, crews are aligned to larger products and services fulfilling client needs and encompass multiple autonomous pods.

You'll be working alongside the Financing Clearing product management global team, with a focus on the Cleared Derivatives strategic E2E including middle-office technology replacement. This will include market and client facing technology integration for seamless E2E processing and enhancing the client experience. Functionally working alongside the wider ETD Operations team to help them enable their OKRs.

Based in New York for NA and EMEA time zone coverage, you will be working with global stakeholders and team members (especially regional market facing subject matter experts).

Your expertise

A robust understanding of operational processing, operational risk management and client focus within the financial services industry
A detailed understanding of ETD global markets (for the full product lifecycle)
Experience in coordinating / chairing calls between various global stakeholder groups including the business, operations and technology forums. Driving collaborative & challenging behaviours between the teams to increase the level of partnership and productivity
A passion for process & continuous Improvement and the necessary gravitas to be credible with peers and mid/senior management (globally, regionally and functionally), including conducting workshops and interviews. Process optimization experience (Lean and/or Six Sigma knowledge and skillsets are a plus)
Experienced in ensuring clear technology investment and deliveries that are aligned to the wider program and the quality is embedded in the design with detailed user stores and test cases
Excellent organizational and rigorous follow-up skills
Strong analytical and problem-solving skills
General ability to pick up information quickly and turn around deliverables under pressure
Experience in project planning and stakeholder management (ensuring engagement is clearly documented and auditable to ensure high quality project principles)
There is a significant element of reacting to circumstances and being able to deliver requirements in a fast paced changing environment. You will be successful in this role if you are able to juggle numerous tasks of different types, which could range from strategy development, through to delivery, relationship management and everyday administration activities associated with the role
Working in agile environments with a strong understanding of agile delivery frameworks and product management
Strong active listening, influencing and communication skills to build networks and partnerships at all levels and global locations
Ability to mine and analyze large datasets, draw valid inferences and present them successfully to management using an automated reporting tool

Strong understanding of operational processing, risk management, and client service within financial services
In-depth knowledge of the full lifecycle of ETD global markets and equity options
Skilled in coordinating and chairing cross-functional global calls, fostering collaboration between business, operations, and technology teams
Collaborative experience across front-to-back product management teams, ensuring seamless integration between business, operations, and technology to deliver end-to-end solutions aligned with strategic goals
Passionate about process improvement, with experience in conducting workshops and interviews; familiarity with Lean and Six Sigma methodologies
Proven ability to align technology investments with program goals, ensuring quality through detailed user stories and test cases
Excellent communication, influencing, and active listening skills to build partnerships across global teams
Highly organized with strong follow-up and stakeholder management capabilities
Robust analytical and problem-solving skills; adaptable to fast-paced, changing environments
Quick learner with the ability to deliver high-quality outputs under pressure
Experienced in project planning, documentation, and ensuring audit-ready engagement records
Comfortable managing diverse tasks-from strategy development to delivery and administration
Deep understanding of agile delivery frameworks and product management practices
Proficient in analyzing large datasets, drawing insights, and presenting findings using automated reporting tools

About us

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.
We know that great work is never done alone. That's why we place collaboration at the heart of everything we do. Because together, we're more than ourselves. Want to find out more? Visit ubs.com/careers.

Your Career Comeback

We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.

Salary information

US Only: The expected salary range for this role is $108000 to $133000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see Your role section for detailed salary information.