Our client is a Financial Technology provider playing a pivotal role in the world’s financial, energy and commodities markets. Matching buyers and sellers, they create liquidity and price discovery in these markets and provide insight and context to clients. They operate a hybrid model where brokers provide business-critical intelligence to clients.
It’s supplemented by proprietary screens for historical data, analytics and execution functionality. Clients include banks, insurance companies, pension and hedge funds, asset managers, energy producers and refiners as well as risk and compliance managers and charities.
The Risk Product group is seeking an experienced product director oriented to Data Valuation and Risk with in-depth product knowledge. You will be joining a rapidly expanding specialized area of focused on offering premium structuring, valuation, and risk services to an institutional client base.
Familiarity in bespoke derivatives term sheets, the industry standard valuation models and “street practices” used for security valuation and portfolio risk analysis is imperative.
Support Head of Risk Data Products with the development of solutions that address client risk, valuation and product control requirements following PS Go to Market methodology.
Support the development and enhancement of PS Risk joint ventures and collaborations with 3rd parties
Work collaboratively with PS and Group Analytics Quantitative and Data Science functions to build best in class solutions to meet product/client specifications
Take ownership of the product expansion build: define the product and commercial strategy, write product requirements, collaborate with development and third parties involved to make the necessary developments, perform testing and describe the operational model, define and train operations to perform production tasks, support customers and salespeople with product related queries.
Work closely with other Product Proposition and Implementation specialists to support the design, development and execution of new Product ideas
Use expertise to support and enhance existing D&A product sets
Cross asset derivatives and market risk experience is essential.
Strong understanding of derivatives models including market conventions, vanilla/exotic options, and market practices regarding bespoke exotic valuation and hedging.
Ability to qualitatively and quantitatively assess pricing model output and determine adjustments where necessary
Master’s degree in a technical area (such as Math, Physics or Engineering), quantitative finance field required. PhD in mathematical finance a plus.
Working knowledge of Excel, VBA, Python. Familiarity with financial libraries ( C++) and mathematical packages such as Matlab a plus.