Director, Equity Derivatives Product Management, Markit Trade Processing ( MTP)
Markit is the leading provider of independent, multi-asset class, high value services for the global financial market. Our independent pricing, reference data, portfolio valuations, trade processing and desktop solutions are used around the world to enhance trading operations, monetize data, reduce risk and manage compliance initiatives.
The Markit Trade Processing service is a web-based suite of solutions for automating over-the-counter (OTC) derivative post-trade processing, including among other, affirmation, confirmation and portfolio reconciliation services.
The position will be to lead global product management for Equity Derivatives within Markit Trade Processing.
Skills and Experience Required:
- Knowledge of financial markets and OTC Derivatives is required
- Good understanding of the mechanics of OTC Equity Derivative Products
- Prior experience in working with clients
- Some experience in managing or involvement in technology projects
- Prior product management experience a plus
- Some familiarity with OTC documentation (Masters, MCA, confirmations) a plus
- Graduate preferred in finance/ numerical discipline
- Man management desirable
Commercial Awareness
- Ability to work under pressure with tight deadlines
- Strong problem solving skills
- Service driven with extremely strong customer orientation
Personal impact
- Able to inspire confidence with clients, colleagues and team
- Self-starter who can “own” projects and work independently when needed
- Exceptional energy, drive and stamina
- Flexible and able to adapt to changing situations
- Strong work ethic
Communication
- Strong communication skills and extremely high degree of professionalism
Teamwork
- Strong team player who is comfortable working at all levels of the business
- Strongly identifies with corporate vision and personally aligns with both corporateand product short and long term goals
Main Duties and Responsibilities:
- Work with top 25 equity derivatives dealers globally to cement Markit in its position as the number one OTC equity derivatives post trade processing venue
- Work with clients to understand new requirements, prioritize these, manage production of specifications
- Manage ongoing relationships with these banks, and the most important buy-side clients for EQD
- Liaise with industry bodies and groups to understand the marketplace and changes in the trade processing environment (e.g. ISDA, AMF, OMG).
- Represent Markit's expertise within the industry by speaking at conferences
Support sales staff for client pitches, solutions development, and in-depth product advice where required - Liaise globally with other groups in Markit Trade Processing to maximize take-up and revenue for equity derivatives clients, especially Sales, Technology,
- Customer Services and Client On-boarding
- Work with other product managers within the MTP group to coordinate product development across asset classes, and customer types (sell side, buy side, brokers, administrators)
- Manage staff within the equity derivatives product management team which you head (situated in London and NY, potentially Asia in the future)
- Report status, progress, and metrics for equity derivative product to management and peers
Please apply with CV and covering letter to careers@markit.com citing "Director, Equity Derivatives Product Management, Markit Trade Processing ( MTP)" in your email.
