Senior Product Manager - Brokerage Treasury in Work From Home at TradeStation

Date Posted: 9/4/2021

Job Snapshot

Job Description

Senior Product Manager - Brokerage Treasury
At TradeStation, we believe in empowering our customers to claim their individual financial edge. We are committed to creating a financial ecosystem that is a step ahead by delivering the best technology, services, education, and support to traders and investors. We are continuously pushing the boundaries of what is possible, encouraging out-of-the-box thinking and a relentless search for innovation.
We are a team of amazing people who work together in a high-performance, goal-oriented culture to provide our customers with exceptional products and services. We offer a collaborative and flexible work environment, competitive salaries, comprehensive benefits, and an unlimited PTO policy.
We are actively seeking a talented and experienced Senior Product Manager to join our team of skilled product managers responsible for our brokerage products. This position is key to our firm and responsible for creating and owning the strategy, roadmap, and 3rd party relationships for applications and processes that deal with customer funds transfer requests (of cash and positions) to ensure we have efficient solutions that meet our customer and business needs.
TradeStation relies on many treasury processes to run our day-to-day business including; inline funding, deposits, withdrawals, journal transfers from one account to another, audit trails, ACH relationship rules, Domestic and international transfers, scheduled jobs for start of day and end of day customer balances, cash posting jobs, wire verification rules, and margin automation rules. We want our customers to find our processes intuitive, and helpful. There are many ways in which this role can positively impact both our internal teams and our external customer experience.
The ideal candidate is an expert cross-functional collaborator that holds themselves to a high standard as they execute key PM responsibilities including; conducting research on new/improved tools and processes, conducting swot analysis, creating product vision and strategy, defining the business requirements and priority of product initiatives, and creating ways to identify the needs of business teams and our customers.
This role reports to the VP of Product and is an ideal opportunity for someone experienced in the broker dealer space who is excited to challenge the status quo and dig in and contribute to improving processes. This role needs a strong communicator who is an organized team player that knows how to create a strategic plan for enhancing products and services in ways that promote stability and growth.
  • Act as the Relationship Manager with Yodlee
  • Assess and present on product opportunities, updates, and scheduled changes for products and services that you represent.
  • Become a subject matter expert for our internal Cashiering UI (CaRMA) and external client facing UI (Tango) tools.
  • Research and champion optimizations and enhancements to our internal Cashiering UI (CaRMA)
  • Research and champion optimizations and enhancements to the external UI and information customers see regarding their financial transactions (Tango)
  • Attend emergency calls for products you represent to help mitigate issues as they arise.
  • Evaluate and improve existing operational processes and procedures to reduce risk and increase efficiency.
  • Document proposed product/service enhancements that are requested by our business teams, technology teams, or 3rd parties and represent those enhancements in discussions on priorities.
  • Create and maintain product roadmaps
  • Actively research and analyze ways in which we can continue improving our processes and procedures.
  • Spend time in the market with vendors to understand opportunities or issues, and find innovative solutions to problems
  • Manage and monitor the brokerage product life cycle by collaborating with our Technology, Operations, and Brokerage Service teams
  • Provide business stakeholders updates to issues, releases, and development progress for products and services you represent.
  • Excellent at executing PM responsibilities, and best practices in an agile organization
  • Ability to work in a team environment and be flexible.
  • Working understanding of Treasury/Cashiering or self-clearing brokerage operations
  • Strong analytical and data-driven business goal mindset
  • An advocate for simple and effective product solutions
  • Results driven with a “get things done” attitude
  • Constant self-improvement, permanent learning, and intellectual curiosity is required
  • Outstanding communicator and collaborator
  • Highly organized with the ability to prioritize and track multiple tasks to successful completion
  • Background in brokerage products, operations, and risk management
  • Experience with industry vendors such as Yodlee, Plaid, etc.
  • Experience with SunGard Phase 3, RJO GMI, or other back office brokerage systems a plus
  • Bachelor's degree (Master' s/MBA a plus)
  • 5+ years' experience as a product manager or product owner in the securities industry