Product Specialist

Product Specialist, Clearing Type: Full Time / Direct HireLocation: Chicago, IL - this role requires 3 days per week in office*Not eligible for visa sponsorship OR C2CResponsibilitiesProduct DevelopmentOwn delivery of clearing system, regulatory reporting, and post-trade features for listed/cleared derivativesPartner with Risk on margin engine configuration, collateral valuation, and settlement workflowsMaintain data models for trade settlement, position management, and transaction reportingSupport clearing member portal and third-party integrations (FIX, APIs, Kafka)Conduct market/competitive research to inform roadmapWrite functional specs (APIs, workflows, data schemas) for engineeringCustomer SupportServe as primary technical/product contact for owned featuresEnsure service quality and issue resolutionSupport customer onboarding and API conformanceManage key customer/vendor relationshipsQualifications5+ years of product management experience in capital markets, specifically clearing/transaction processing systemsStrong grasp of the post-trade lifecycle for derivatives (futures, options, swaps, or prediction markets)Familiarity with FCMs and their integration with DCMs/DCOsExperience with regulatory reporting frameworks (CFTC, SEC, EMIR) and financial system auditingComfort querying/analyzing data independently (SQL, Python) to validate systems and write data-driven requirementsFamiliarity with modern architecture patterns (microservices, event-driven systems, distributed ledgers)