Risk Solutions, Product Manager

Derivative Path; New York (NY); Hybrid; USD 170,000 - 190,000; Full time

Job summary

Join a forward-thinking company as a Product Manager, where you will lead the strategy and roadmap for innovative risk solutions. This role demands a confident leader with a deep understanding of client needs and market trends, driving cross-functional success to deliver exceptional products. You will engage with clients and stakeholders, analyze market dynamics, and ensure development teams are aligned with product goals. The company fosters a diverse and inclusive environment, offering a flexible hybrid work model and a commitment to employee growth and innovation. This is your chance to make a significant impact in a dynamic industry.

Benefits

Competitive bonus

Base salary

Equity compensation

40 hours of sick time

18 days of PTO

Hybrid work environment

Paid parental leave

401K matching at 3%

Health benefits including HSA and FSA options

Life insurance and short-term disability

Qualifications

• 10+ years of experience in product management required.
• Strong background in product development lifecycle management.
• Data driven mindset with a focus on reporting skills.

Responsibilities

• Define product strategy and identify key partnerships for success.
• Analyze customer needs and market trends to develop a functional roadmap.
• Communicate product value proposition to stakeholders and internal teams.

Skills

Product Management

Communication Skills

Leadership Skills

Data Analysis

Market Analysis

Understanding of Private Equity

Hedging Strategies Knowledge

Job description

Who We Are

Derivative Path is a private equity backed, technology focused capital markets and risk management firm that offers a best-in-class, end-user focused derivatives platform (“DerivativeEDGE” or “EDGE”) which clients can use independently for all interest rate and FX derivatives needs, front-office through back-office. We support the technology offering with a full suite of risk solutions, execution, and support services provided by experienced capital markets professionals. We have four offices in two countries and nearly 200 clients.

With a team of seasoned professionals comprised of decades of industry experience, Derivative Path offers a flexible, hybrid work environment to its 100+ employees with the ability to work remotely and from one of four offices in San Francisco, New York, Chicago, and Manila. The Company is dedicated to building a diverse environment and has an unwavering commitment to creating a sense of belonging for all employees.

The Opportunity

As a Product Manager you will be responsible for the strategy, roadmap, and feature definition of our Risk Solutions Product built to service our Private Equity and Corporate clients. Strong leadership skills, a desire to drive innovation in the market and a deep understanding of the client community is required. The Product Manager must drive cross-functional success in development, support, sales, and marketing to deliver the product vision and meet organizational goals. We are looking for a confident leader that can analyze the market, manage the full product lifecycle, and effectively engage clients and stakeholders.

What You’ll Do

• Work closely with the business line leaders to define the product strategy and identify key partnerships that will drive product success.
• Analyze customer needs, current market trends and the competitive landscape to develop a functional roadmap that best delivers customer value and a ROI for the organization.
• Ensure development teams understand functional requirements and acceptance criteria, and have comprehensive user stories that support efficient feature development.
• Communicate to stakeholders and internal teams the product’s story, ensuring a broad understanding of the value proposition and competitive advantage.
• Work closely with sales on the go-to-market strategy; developing comprehensive pricing and effective marketing campaigns.
• Participate in client meetings and industry events, acting as the product SME and gaining critical insights into clients’ business trajectories and changes in the industry.

Qualifications

• 10+ years of experience in product management.
• Excellent communications skills – written, verbal, and presentation.
• Strong background in product development lifecycle management.
• Highly developed direct and indirect leadership skills.
• Data driven mindset with a strong focus on reporting skills.
• Entrepreneurial spirit with a drive to innovate.
• Understanding of Private Equity fund management and portfolio company activities.
• Knowledge of IRD, FX, and commodities hedging strategies are a plus.
• Prior work experience with derivatives pricing and booking systems and/or treasury management systems are a plus.

Benefits

• Competitive bonus, base salary, and equity compensation.
• 40 hours of sick time.
• 18 days of PTO.
• Hybrid work environment within the US.
• Paid parental leave.
• 401K matching at 3%.
• Competitive health benefits including HSA and FSA options, life insurance, and short-term disability.

The expected salary for this position is $170,000 to $190,000. When determining your pay, we will take into account your skills, experience, and location.

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Derivative Path is an equal opportunity employer and does not discriminate based on any of the following: race, religious creed, color, age, sex, sexual orientation, gender identity, gender expression or gender characteristic, national origin, religion, marital status, medical condition, physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, or any other classification protected by federal, state, and local laws and ordinances. Derivative Path offers a comprehensive benefits package, including health, dental, vision, 401k contribution, flexible spend accounts, and a generous paid time off policy.