Product Specialist - Market Risk (APAC) at Numerix

<div class="content-intro"><p><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">Since our founding in 1996, we have been at the vanguard of financial technology, providing groundbreaking expertise, quantitative analytics and software that redefine pricing and risk management in the financial markets. With the strategic acquisitions of FINCAD, PolyPaths and Kynex, Numerix has further strengthened its leadership position empowering financial institutions worldwide, to transform risk into opportunities with confidence.</span></p></div><p><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">The <strong>Product Specialist - Market Risk </strong>will work within the product management team to support the development of a&nbsp;<strong>next‑generation end‑user front‑to‑risk application</strong> for the financial markets industry, with a <strong>primary focus on Market Risk capabilities</strong>.</span></p> <p><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">This role requires a hands‑on Product Specialist with Business Analysis skills who will <strong>work closely with internal Risk teams and the application product management</strong> to translate complex market risk methodologies into <strong>intuitive, user‑friendly workflows, screens, and interactions</strong>.</span></p> <p><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">The successful candidate will <strong>own the definition and documentation of user‑centric requirements and functional specifications in JIRA</strong>, ensuring that Market Risk functionality is not only analytically robust, but also <strong>clear, explainable, and efficient for end users</strong> such as traders, market risk managers, desk risk controllers, and senior risk stakeholders.</span></p> <p><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><strong>What You'll Do:</strong></span></p> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Contribute to and maintain the product roadmap for an <strong>end‑user front‑to‑risk platform</strong>, with a strong focus on <strong>usability and user experience across Market Risk workflows</strong>.</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><strong>Act as a key liaison between Market Risk teams, Product Management, UX/Design, and Development</strong>, ensuring risk methodologies are accurately reflected in intuitive user experiences.</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><strong>Lead the definition of user‑centric requirements for Market Risk features</strong>, producing high‑quality <strong>user stories, functional specifications, acceptance criteria, and workflow descriptions in JIRA</strong>.</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><strong>Own and manage the end‑to‑end requirements lifecycle in JIRA</strong> for Market Risk initiatives, including epic and story creation, backlog grooming, prioritization, dependency identification, and continuous clarification with developers and designers.</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><strong>Ensure that clear and complete functional test cases are defined for Market Risk features</strong>, enabling developers, QA, and business users to validate expected system behavior and outcomes.</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Partner closely with Market Risk teams to capture requirements related to <strong>VaR, SVaR, stress testing, sensitivities (Greeks, DV01), limits, risk aggregation, and intraday risk</strong>, and translate them into <strong>clear UI‑level behaviors, user flows, controls, and visualizations</strong>.</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Collaborate with UX and design stakeholders to define <strong>screen layouts, navigation models, interaction patterns, reporting views, and risk visualizations</strong>, ensuring consistency and usability across Market Risk features.</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Lead the software development lifecycle by applying best practices in <strong>functional design, usability‑aware documentation, review, and validation</strong> of Market Risk end‑user functionality.</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Elicit requirements using interviews, workshops, use cases, personas, business process descriptions, and workflow analysis, with particular focus on <strong>how different user personas consume, analyze, and act on market risk information</strong>.</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Critically evaluate information gathered from risk, business, and technical stakeholders; reconcile conflicts; and decompose complex Market Risk concepts into <strong>clear, consumable, and actionable user experiences</strong>.</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Serve as the primary functional point of contact for development teams, providing ongoing clarification on Market Risk requirements and <strong>UX expectations</strong>, and ensuring delivered functionality meets both functional and usability acceptance criteria.</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Participate in reviews and UAT together with Market Risk and business users to validate that Market Risk functionality is <strong>accurate, intuitive, explainable, and aligned with real‑world risk management workflows</strong>.</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Support presales, client demonstrations, and onboarding activities by explaining <strong>Market Risk user workflows, dashboards, and analytics</strong> in collaboration with Product and Risk teams.</span></li> </ul> <p><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><strong><br>What We're Looking For:</strong></span></p> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Bachelor’s degree in finance, mathematics, computer science, engineering, or a related field</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">5+ years of experience in the Financial Services industry, including experience working with <strong>end‑user Market Risk applications</strong> in front office, middle office, or risk functions</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><strong>Strong domain expertise in Market Risk</strong>, including VaR/SVaR methodologies, stress testing, sensitivities, limits monitoring, and risk aggregation across asset classes</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><strong>Demonstrated experience collaborating closely with Market Risk teams</strong> to capture, document, and validate risk requirements and methodologies</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><strong>Proven experience writing user‑centric requirements and specifications for development teams</strong>, ideally using JIRA (epics, user stories, acceptance criteria, workflows, and backlog management)</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Strong appreciation for <strong>UX and usability in risk applications</strong>, with the ability to translate quantitative market risk analytics into intuitive user workflows and visualizations</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Solid understanding of the <strong>Derivative Trade Lifecycle</strong> and the interaction between trading activity, market data, pricing, and market risk metrics</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Exposure to multiple asset classes (Fixed Income, Equities, FX, Credit, Commodities) and their Market Risk characteristics</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Familiarity with market data, curves, scenarios, and reference data as presented in user‑facing systems</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Working knowledge of front office, middle office, or enterprise risk management systems with graphical user interfaces</span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Excellent written and verbal communication skills, with the ability to communicate effectively with <strong>market risk professionals, developers, designers, and business users</strong></span></li> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;">Self‑motivated, detail‑oriented, and focused on delivering <strong>high‑quality, user‑centric Market Risk capabilities</strong></span></li> </ul> <p>&nbsp;</p> <p><span style="font-size: 12pt;"><strong>Where You’ll Work:</strong></span></p> <p><span style="font-size: 12pt;">This is a hybrid or remote role, open to the APAC region.</span></p> <p>&nbsp;</p> <p><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;"><strong>An important note on salary:</strong></span></p> <p><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">The annual pay range for this position is based on the preferred primary location of the role which is listed above. If you are applying to this role at a location that is not the preferred primary location, please keep in mind the salary range will vary and may fall outside of what is listed. Base pay offered may vary depending on job-related knowledge, skills, and experience.</span></p> <p><span style="font-family: helvetica, arial, sans-serif; font-size: 12pt;"><strong><em><span data-olk-copy-source="MessageBody"><br>Also note that unsolicited contact from third-party recruiters or agencies will not be considered at this time. We respectfully request no outreach from agencies.</span></em></strong></span></p> <p><span style="font-size: 12pt; font-family: helvetica, arial, sans-serif;">&nbsp;</span></p>