Product Specialist

Product Specialist, Clearing

Type: Full Time / Direct Hire

Location: Chicago, IL - this role requires 3 days per week in office

*Not eligible for visa sponsorship OR C2C

Responsibilities

Product Development

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• Own delivery of clearing system, regulatory reporting, and post-trade features for listed/cleared derivatives
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• Partner with Risk on margin engine configuration, collateral valuation, and settlement workflows
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• Maintain data models for trade settlement, position management, and transaction reporting
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• Support clearing member portal and third-party integrations (FIX, APIs, Kafka)
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• Conduct market/competitive research to inform roadmap
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• Write functional specs (APIs, workflows, data schemas) for engineering
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Customer Support

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• Serve as primary technical/product contact for owned features
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• Ensure service quality and issue resolution
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• Support customer onboarding and API conformance
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• Manage key customer/vendor relationships
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Qualifications

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• 5+ years of product management experience in capital markets, specifically clearing/transaction processing systems
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• Strong grasp of the post-trade lifecycle for derivatives (futures, options, swaps, or prediction markets)
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• Familiarity with FCMs and their integration with DCMs/DCOs
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• Experience with regulatory reporting frameworks (CFTC, SEC, EMIR) and financial system auditing
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• Comfort querying/analyzing data independently (SQL, Python) to validate systems and write data-driven requirements
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• Familiarity with modern architecture patterns (microservices, event-driven systems, distributed ledgers)
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