Executive Director – Product Management for Derivatives and Risk Platforms

Executive Director – Product Management for Derivatives and Risk Platforms

Requirements

• 7 – 10 years of experience in Product Management, and or Risk Management with proven track record of building Risk Tools geared towards option traders
• Experience managing the definition and execution of projects (conceptualization, requirements, design, development, testing, and implementation)
• Excellent knowledge of options valuation and associated Risk Management
• Extremely comfortable with data modeling and analytics

Responsibilities

• Work with Product and Risk leadership to articulate a clear platform consolidation plan with actionable roadmap of deliverables and socialize the plan with the broader organization to gain acceptance
• Assess the capabilities (strength and weakness) of the various Risk Platforms currently used across and articulate a consolidation plan which will provide a unified set of calculations across multiple channels of the firm
• Work with Margin Risk team to gain a better understanding of the Option Expiration lifecycle and assess potential gaps that could expose the firm to undue risk
• Define the user journey to create user persona that will allow the firm to gain a deeper understanding of the various risk we face and the capabilities the firm can develop to mitigate against those risk
• Strong analytical skills to identify, evaluate and define complex systems. Create product artifacts (business requirements, functional requirements, migration plans, communication plans, project updates for senior management) and gain approval from business and technology leaders
• Work with Partners in Risk, Sales and Service, UX and channels teams to create the best experience for this group of highly sophisticated clients
• Redesign the Option Pairing (optimization of the various options legs to minimize maintenance requirement while compliant with the appropriate option levels) logic currently used by the firm. This leader will be responsible for the team with oversight of this functional capability
• Deep knowledge of Option pricing models and associated risk management
• Ability to synthetize and model large data set to extract valuable information that can help deepen understanding of the risk or uncover insight to help better manage the product
• Work with Risk teams to understand their unique needs and build for them the next generation of tools to help the firm manage risk
• Lead a team of talented Product Manager with day to day management responsibilities and associate development

Preferred Qualifications

• Risk Management and data modeling is highly desirable
• Prior consulting experience in Management, Strategy, or Risk Management is considered a plus
• Superior analytical, interpersonal, communication (written, verbal, and technical), presentation, negotiation and problem-solving skills
• Self-motivated, detailed-oriented, team player, and organized
• Prior experience leading high performing teams and experience working in a team-oriented, collaborative environment