Product Manager (Clearing)
paul murphy associatesEvanston (IL)
Product Manager (Clearing)
Posted 8 days ago
paul murphy associatesEvanston (IL)
Project Management SpecialistsFinancial Transactions Processing, Reserve, and Clearinghouse Activities
SENIORITY
Lead
About the role
Job Title: Product Manager (Clearing)
Location: Chicago, IL (60607) - Hybrid - 4 days a week in office
Our client seeks a capital markets Product Manager to help develop and deliver the clearing product roadmap for CFTC- and SEC-regulated listed products. This individual contributor will collaborate with Engineering, Infrastructure, Risk, Operations, and Clearing Member Firms’ middle- and back-office teams. Candidates should bring strong product judgment, stakeholder communication, experience incorporating AI, and comfort navigating ambiguity. Clearing expertise is preferred, though adjacent market experience is welcome.
Responsibilities:
Contribute to product vision and roadmap planning, prioritizing features based on Clearing strategy, regulatory and market developments, business impact, and feasibility. Translate stakeholder input, business initiatives, and regulatory requirements into clear, actionable requirements for Engineering, Infrastructure, Risk, and Operations. Own assigned feature releases, coordinating timelines and vendor deliverables, partnering with QA on test strategy and release validation, and monitoring performance to identify and address delivery risks and operational issues. Serve as the day-to-day Product contact across departments, aligning stakeholders and resolving questions throughout the requirements and release lifecycle. Engage Clearing Member Firms and Participating Exchanges for feedback and product support, including back-office and middleware onboarding and education for new integrations and services. Mentor Analysts on requirements writing, prioritization, and product best practices.
Requirements:
- 7+ years' experience in business analysis or product management, preferably at a Derivatives Clearing Organization (DCO), Covered Clearing Agency, Exchange, Futures Commission Merchant (FCM), Broker-Dealer, or Bank
- Demonstrated ability to own projects independently from requirements through delivery
- Proven experience in Agile and the software development lifecycle
Proficient in leveraging the Atlassian software suite (including Jira and Confluence) for project management and collaboration*** Our client offers exceptional benefits for the total wellbeing of their people – including health, financial, personal and social wellness.
Fair and competitive salary and incentive compensation packages with an upside for overachievement
Generous paid time off, including vacation, personal days, sick days and annual community service days
Health, dental and vision benefits, including access to telemedicine and mental health services2:1 401(k) match, up to 8% match immediately upon hire
Discounted Employee Stock Purchase PlanTax Savings Accounts for health, dependent and transportation
Employee referral bonus program
Volunteer opportunities to help you give back to your communities
Complimentary lunch, snacks and coffee in any office
Paid Tuition assistance and education opportunities
Generous charitable giving company match
Paid parental leave and fertility benefits
On-site gyms and discounts to other fitness centers
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