Numerix - Product Manager - Client Solutions Group

Summary:

The Quantitative Analyst - Risk will work within the Client Solutions Group to help develop the next generation pricing and risk management product offerings for the financial markets industry. The role will entail working internally across business, research and development teams as well as externally with clients to determine product features and enhancements that will be commercially successful in providing solutions to capital markets participants.

Primary responsibilities:

- Elicit requirements using interviews, document analysis, requirements workshops, surveys, site visits, business process descriptions, use cases, scenarios, business analysis, tasks and workflow analysis

- Critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, abstract up from low-level information to a general understanding, and distinguish user requests from the underlying true needs.

- Drive and challenge business units on their assumptions of how they will successfully execute their plans

- Interact with various departments within our clients as well as the entire Numerix organization as a member of a project team

- Work with Clients, Financial Engineers and R&D to analyze product gaps and enhancement requests, draft technical specifications and assist in prioritizing developmental efforts

- Serve as business and technical expert on presales as needed

- Work may include serving as business and technical resource for active client implementations

Experience and skills required:

- 3+ years experience in the Financial Services industry consisting of at least 2 years directly working in front or middle office at broker/dealers, hedge funds, or asset managers

- Strong analytical and product management skills required, including a thorough understanding of how to interpret customer business needs and translate them into functional and technical requirements

- Thorough understanding of and experience delivering market and counterparty credit risk analytics including MtM, Greeks, Stress Testing, VaR, PFE, CVA

- Extensive knowledge of public and OTC Cash and Derivative products including valuation models and methodologies. Exposure to multiple Asset Classes (FI, Commodities, Credit, Equities and FX) a plus

- In-depth familiarity with Product Structures, Curve Building, Pricing Models, Risk and Market and Reference Data

- Strong understanding of Derivative transaction life-cycle management from both a Front and Back Office perspective

- Familiarity with banking regulatory standards such as Basel II & III

- Working knowledge of front office or middle office systems a plus: Bloomberg, Calypso, Murex, Misys, RiskMetrics, Calypso, Algorithmics, Sungard

- Excellent oral and written communication and interpersonal skills

Education requirements:

- Bachelor's degree in finance, mathematics, economics or related field

- Masters in Quantitative Finance or MBA in Finance degree preferred

- FRM, PRM, CFA a plus