Recent Searches

You haven't searched anything yet.

2 Principal, Product Manager - Financial Risk Management and Systems Jobs in Chicago, IL

SET JOB ALERT
Details...
Principal, Product Manager - Financial Risk Management and Systems
$135k-171k (estimate)
Full Time | Wholesale 2 Months Ago
Save

The Options Clearing Corporation is Hiring a Principal, Product Manager - Financial Risk Management and Systems Near Chicago, IL

Summary:

The Product Owner at the OCC will be responsible for maximizing the value of the Products delivered to our stakeholders by representing business interests, working with our technology teams to determine requirements, creating a product roadmap for development, and prioritizing the work. The Product Owner will work in a hybrid agile methodology collaborating with cross-functional teams. The Product Owner must ensure that the technology teams understand and are aligned with the Product vision and that OCC leadership is kept aware of Product progress and status.

Primary Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.

  • Stakeholder Engagement and Management
    • Act as the primary point of contact for stakeholders regarding the product backlog and product development
    • Interact with internal and external stakeholders such as regulators, exchanges and other external parties in explaining OCC's Products
    • Elicit, interpret, lead requirement workshop discussions with vendors, stakeholders and/or product owners; assist in the development of backlog items and acceptance criteria
    • Work with internal and external stakeholders to understand their needs and ensure that they are reflected in the product backlog
    • Maintain direct communications with senior and middle management
    • Coordinate preparation of materials for Management Committee, Board of Directors and Regulatory meetings as needed
  • Product Leadership
    • Maintain Product Vision and Roadmap
    • Understand regulatory requirements and drivers impacting development goals and plans
    • Evaluate product changes and recommend needed process and system changes
    • Develop functional capabilities within the organization by driving innovation and continuous process improvements
    • Collaborate with cross-functional teams to define and prioritize the product backlog
    • Refine the product backlog to ensure that it is ready for development
    • Maintain product budget and forecast. Seek to optimize product delivery in the most cost effective manner.
  • Product Delivery
    • Collaborate with technology partners and teams to drive strategic plans for OCC's system development, integration and deployment
    • Work with the Project Owners/Managers, Technology Lead, and Scrum Master to ensure that the team is following the hybrid agile methodology and that any issues are addressed in a timely manner
  • Product Integrity
    • Document and/or sign-off on acceptance criteria for user stories
    • Ensure that the product backlog is transparent, visible, and understood by all stakeholders
    • Ensure there is a clear traceability of requirements to deliverables
    • Ensure the product complies with all non-functional requirements
    • Comply with all product delivery controls and procedures
  • Quality Management
    • Continuously monitor and evaluate the product backlog to ensure that it is meeting stakeholder needs and delivering value
    • Identify scope gaps and missing requirements by acquiring an in-depth understanding of current state capabilities (i.e., legacy system) and future state needs
    • Proactively identify and escalates risks and issues to the leadership team.
    • Monitor vendor performance (where applicable) against statements of work
    • Meet complex business needs in an efficient, flexible, and ever-improving manner
  • Team Leadership
    • Indirectly supervise product team members matrixed from across business and internal technology teams
    • Foster a diverse and inclusive workplace
  • Perform other duties as assigned
  • Light travel required
Supervisory Responsibilities:
  • Indirectly supervise project team members from across FRM and internal technology teams. May involve direct supervision of individuals or teams within one year.

Qualifications:

The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.

  • Previous experience as a Product Manager/Owner in a hybrid agile methodology is required
  • Strong understanding of Agile product management methodologies and product development processes
  • Excellent communication, collaboration, and presentation skills
  • Strong interpersonal and influencing skills, including ability to interact effectively with peers, all levels of management, regulators and member firms
  • Ability to work effectively with and lead cross-functional teams
  • Strong analytical and problem-solving skills
  • Demonstrated ability to gather, analyze, and evaluate facts, and prepare and present concise oral and written reports
  • Ability to prioritize and manage multiple tasks and projects simultaneously
  • Ability to work independently in a fast-paced, dynamic environment
  • Must be able to work under deadlines and manage multiple tasks
  • Self-directed; Ability to work both independently with minimal direction or oversight in a team-oriented, collaborative environment
  • Experience working in the financial services industry
  • General securities markets, derivatives knowledge required
  • Strong knowledge in multiple asset classes like equities, interest rates, volatility, commodities, and foreign currencies (Risk Pillar Specific)
  • Experience with central counter-party clearing, settlement of derivatives, financial risk management and regulated capital markets infrastructure
  • Willingness to roll up your sleeves and do whatever is necessary

Technical Skills:

  • Proficiency using Jira, Confluence, Tableau and Microsoft Office applications
Education and/or Experience:
  • Bachelor's degree (or equivalent) in relevant fields including Accounting, Finance, Computer Science, Management Information Systems, Engineering among others
  • MBA, MS or equivalent graduate degree in a relevant field preferred
  • 10 years of financial risk management experience leading teams and building robust business processes is required
  • 2 years of product management experience, preferably with Risk Management products and capabilities
  • Demonstrated experience with ensuring effective process change management
  • 10 years of experience in financial services/ regulated capital markets infrastructure. Experience with an exchange, regulator or clearing house preferred
Certificates or Licenses:

N/A

Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application andattach your resume.

Step 2
You will receive an email notification to confirm that we've received your application.

Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.

For more information about , please click .

OCC is an Equal Opportunity Employer

Job Summary

JOB TYPE

Full Time

INDUSTRY

Wholesale

SALARY

$135k-171k (estimate)

POST DATE

02/05/2024

EXPIRATION DATE

05/08/2024

WEBSITE

theocc.com

HEADQUARTERS

CHICAGO, IL

SIZE

1,000 - 3,000

FOUNDED

1973

TYPE

Private

CEO

JAMES S METCALF

REVENUE

$500M - $1B

INDUSTRY

Wholesale

Related Companies
About The Options Clearing Corporation

OCC provides central counterparty clearing and settlement services to exchanges and trading platforms.

Show more

The Options Clearing Corporation
Full Time
$155k-189k (estimate)
Just Posted
The Options Clearing Corporation
Remote | Full Time
$129k-154k (estimate)
3 Days Ago