Product Manager, Clearing Risk Product Management

Australian Securities Exchange; Sydney; Hybrid; AUD 120,000 - 160,000; Full time

Benefits offered by this job

Hybrid working

Flexible working arrangements

Background checks

Job summary

Australian Securities Exchange in Sydney is seeking a Product Owner for the Clearing Risk Product team. You will define strategy, own the backlog and collaborate with risk, quantitative analytics, technology and operations to deliver value across risk platforms and services.

You will lead discovery, manage multiple initiatives and drive future-state capabilities such as margining, stress testing and liquidity risk management, while ensuring regulatory alignment and stakeholder engagement.

Qualifications

• 5+ years of experience in Product Management, Business Analysis, Change Delivery, Financial Markets or risk related roles.
• Solid grasp of financial risk concepts including market, credit and liquidity risk measures.
• Strong stakeholder management and experience with Agile/hybrid delivery.
• Ability to translate objectives into measurable product requirements and outcomes.
• Experience delivering large risk, regulatory or market infrastructure changes.

Responsibilities

• Defining and maintaining product strategy, roadmaps and delivery plans for Clearing Risk platforms and services.
• Owning and prioritising the Clearing Risk product backlog aligned to priorities and regulatory obligations.
• Partnering with technology, risk, and business teams to translate needs into clear requirements.
• Leading discovery and analysis for new products and platform enhancements.
• Managing delivery across initiatives with quality, scope, timelines and benefits.
• Driving future-state capabilities in margining, stress testing, liquidity risk, data platforms and analytics.
• Supporting regulatory initiatives with clearly defined, traceable requirements.
• Leading engagement with stakeholders including participants and regulators.
• Preparing governance papers and updates for senior committees.

Skills

Product Management

Business Analysis

Change Delivery

Stakeholder Management

Agile Delivery

Risk Management

Financial Markets

Education

Quantitative/Financial degree

Job description

Australian Securities Exchange - Sydney NSW

ASX: Powering Australia's financial markets

Why join the ASX?

When you join ASX, you're joining a company with a strong purpose - to power a stronger economic future by enabling a fair and dynamic marketplace for all.

In your new role, you'll be part of a leading global securities exchange with a strong brand. We are known for being a trusted market operator and an exciting data hub.

www.asx.com.au/about/careers/a-great-place-to-work

We are more than a securities exchange!

The ASX team brings together talented people from a diverse range of disciplines.

We run critical market infrastructure, with 1 in 3 people employed within technology. Yet we have a unique complexity of roles across a range of disciplines such as operations, program delivery, financial products, investor engagement, risk and compliance.

We're proud to foster a workplace where diversity is celebrated and inclusion is part of our everyday culture. Our employee-led networks champion LGBTIQ+ inclusion, promote gender equality, accessibility and wellbeing, inspire giving and volunteering, and celebrate cultural and religious events, creating a sense of belonging for all. As an AWEI Bronze employer and member of the Champions of Change Coalition for gender equality, we're committed to a fair and inclusive workplace where everyone can thrive.

Your Team

The Clearing Risk Product team is responsible for defining, delivering and continuously enhancing the risk platforms, models, data and business capabilities that support ASX's clearing services, ensuring they meet strategic, regulatory, operational and customer needs while maintaining the resilience of Australia's critical market infrastructure.

Your responsibilities

As a Product Owner within Clearing Risk Product, you will play a key leadership role in shaping and delivering the future state Clearing Risk ecosystem, including:

• Defining and maintaining product strategy, roadmaps and delivery plans for Clearing Risk platforms, services and business capabilities aligned to business priorities and regulatory obligations.
• Owning and prioritising the Clearing Risk product backlog, ensuring decisions balance customer needs, risk reduction, operational efficiency, regulatory compliance and strategic outcomes.
• Partnering with Clearing Risk, Quantitative Analytics, Quantitative Development, Technology and Operations teams to translate business needs into clear product requirements and deliverables.
• Leading discovery and analysis activities for new products, clearing services, risk methodologies and platform enhancements.
• Managing product delivery across multiple initiatives, ensuring outcomes are delivered to agreed quality, scope, timelines and benefits.
• Driving the development of future-state capabilities in areas such as margining, stress testing, liquidity risk management, exposure management, data platforms, reporting and analytics.
• Supporting regulatory and strategic initiatives by ensuring business requirements are clearly defined, traceable, and aligned to ASX obligations and industry standards.
• Leading engagement with a broad range of stakeholders, including business users, technology teams, consultants, customers, clearing participants and regulators.
• Preparing papers, presentations and updates for senior management, risk forums, governance committees and Clearing House Boards as required.

Your experience and qualifications

Must have

• 5+ years' experience in Product Management, Business Analysis, Change Delivery, Financial Markets, Risk Management or related disciplines within a financial services environment.
• Have a firm grasp of financial risk management concepts including exposure to market, credit and liquidity risk measures.
• Strong stakeholder management skills with the ability to influence outcomes across business, technology, risk and executive audiences.
• Experience managing product backlogs, requirements, prioritisation decisions and delivery outcomes within Agile and/or hybrid delivery environments.
• Strong analytical and problem-solving skills with the ability to simplify and communicate complex concepts.
• Ability to translate business objectives into practical product requirements and measurable outcomes.
• Experience delivering large-scale risk, regulatory, technology or market infrastructure change initiatives.
• Strong written and verbal communication skills, including preparation of governance papers, executive updates and business cases.
• Academic qualifications in a quantitative or financial discipline

Nice to have

• Product Owner, Agile, Scrum or other relevant industry certifications.
• Knowledge of clearing, margining, stress testing, or liquidity risk management concepts.
• Familiarity with ASX markets, derivatives products and clearing services.
• Understanding of central counterparty activities.
• Knowledge of the Australian financial regulatory environment

We make hiring decisions based on your skills, capabilities and experience, and how you'll help us to live our values. We encourage you to apply even if you don't meet all the criteria of this role.

If you need any adjustments during the application or interview process to help you present your best self, please let us know at *******@asx.com.au.

At ASX Group, our diverse workforce is essential to build and maintain a fair and dynamic marketplace. We support flexible working and offer hybrid working options. Even if our roles are advertised as full-time, we encourage you to apply if you are interested in part-time or other flexible working arrangements.

We will arrange for successful candidates to have background checks, including reference and police checks, completed as part of the on‑boarding process.

To be considered for this position, candidates must be legally authorised to work in Australia on a permanent basis without any restrictions.