Senior Product Owner - Middle & Back Office (MBO), FICC
Sumitomo Mitsui Banking Corporation ·
- Work mode
- Hybrid
- Seniority
- Senior
- Category
- Product
- Experience
- 10+ years
- Company size
- 1000+
- Salary
- USD 185,000 – 227,000 / year
Sumitomo Mitsui Banking Corporation ·
SMBC · Tralee, Ireland
SMBC Group · Ireland
SMBC · Tralee, Ireland
SMBC Group · Tralee, Ireland
Owns the product vision, roadmap, and backlog for post-trade middle & back office platforms supporting SMBC's FICC businesses, driving automation, straight-through processing, and regulatory compliance across the trade lifecycle. Core focus: capital markets/FICC workflows, Agile product ownership, and stakeholder leadership.
SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.
In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
The anticipated salary range for this role is between $185,000.00 and $227,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
The Senior Product Owner (Director) for Middle & Back Office (MBO) will be responsible for defining and executing the strategic product roadmap across post-trade operations supporting Fixed Income, Currencies, and Commodities (FICC) businesses. This role serves as the primary liaison between business stakeholders, operations, technology, risk, and control functions to drive platform modernization, operational efficiency, regulatory compliance, and scalable front-to-back processing solutions.
The successful candidate will possess broad capital markets product knowledge with deep expertise across FICC trade lifecycle workflows, including trade capture, confirmation, matching, settlement, collateral management, payments, reconciliations, regulatory reporting, and operational controls. The role requires strong leadership, strategic thinking, and the ability to balance business priorities, technology constraints, and delivery objectives.
• Own the product vision, strategy, roadmap, and backlog for MBO platforms and capabilities supporting FICC businesses.
• Drive transformation initiatives focused on automation, straight-through processing (STP), risk reduction, scalability, and operational efficiency.
• Partner with Front Office, Operations, Finance, Risk, Compliance, and Technology teams to prioritize investments and deliver measurable business outcomes.
• Serve as the accountable product lead for end-to-end trade lifecycle workflows across fixed income, rates, FX, repo, credit, and derivative products.
• Lead requirements definition, business process re-engineering, and target operating model development.
• Make value-based prioritization decisions and manage trade-offs across competing business demands.
• Champion data quality, controls, reconciliation, exception management, regulatory compliance, and operational resiliency initiatives.
• Oversee business case development, benefits realization, and KPI tracking.
• Provide executive-level communication, status reporting, and stakeholder management across business and technology leadership.
• Lead and mentor Business Analysts and Product team members while fostering a product-driven delivery culture
• 10+ years of capital markets experience with significant focus on FICC products and post-trade operations.
• Deep expertise across Fixed Income, Repo, FX, Rates, Credit, and Derivatives processing.
• Proven experience leading large-scale middle office, back office, or post-trade transformation programs.
• Strong understanding of trade lifecycle events, settlements, confirmations, collateral, payments, reconciliations, regulatory reporting, and operational controls.
• Experience working within Agile product organizations and managing strategic product roadmaps and backlogs.
• Demonstrated ability to influence senior stakeholders across business and technology organizations.
• Experience with platform modernization, workflow automation, data initiatives, and vendor integrations.
Preferred Qualifications
• Product management leadership experience within an investment bank, broker-dealer, or capital markets institution.
• Experience with front-to-back architecture and target operating model redesign.
• Strong knowledge of regulatory and control frameworks affecting FICC operations.
• Familiarity with post-trade platforms, settlement utilities, market infrastructure providers, and enterprise data ecosystems.
SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at [email protected].
DriveWealth · Office - Chicago; Office - NYC