Senior Product Consultant (Cross‑Currency & Interest Rate Swaps)
Fixed‑Term Contractor
Focus
Product Launch, Derivatives Architecture, & Market Entry
Work Location
Hybrid: 4 days in the office, 1 day working from home per week
About the Role
As a Senior Product Consultant, you will architect and launch our Cross‑Currency and Interest Rate Swap product suite, acting as the Global SME in pricing, booking, and managing these derivatives while navigating the intricacies of interest‑rate products such as SOFR, SONIA and EURIBOR.
What You’ll Do
- Lead end‑to‑end product lifecycle for Cross‑Currency and Interest Rate Swaps, from scoping, pricing and underwriting to trade confirmation and settlement workflows.
- Define mechanics of IR swap execution and lifecycle management.
- Orchestrate delivery of the IR swap pilot roadmap across Treasury, Risk, Legal/Compliance, Data and Engineering.
- Ensure the product suite adheres to global derivatives reporting standards (EMIR, MiFID II).
- Create a definitive source of truth for IR swaps, including internal manuals and client‑facing materials.
- Partner with Sales and Trading to identify high‑value client segments and tailor the launch to solve their interest‑rate and currency risk.
What You’ll Need
- 7+ years in Financial Product Management with deep expertise in Interest Rate Derivatives and Cross‑Currency Swaps.
- Proven track record launching complex financial products from “zero to one” in a regulated environment.
- Deep familiarity with regulatory frameworks and reporting requirements for OTC derivatives.
- Ability to lead cross‑functional squads without direct authority.
- Ability to translate complex finance concepts into clear requirements for data and developers and into strategic business cases for the C‑suite.
Contract Deliverables
- Phase I: Pilot & MVP Execution
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- Execute the Pilot/MVP with select clients to test execution, settlement and trade lifecycle.
- Finalize internal documentation and external‑facing client manuals.
- Define quantitative & risk frameworks.
- Define pricing and valuation frameworks.
- Establish Mark‑to‑Market logic and underwriting frameworks for credit risk and margin requirements.
- Implement control frameworks to monitor product risk.
- Move from manual workarounds to automation.
- Finalize workflows and automated regulatory reporting logic.
- Define implementation roadmap, focusing on seamless API integration with liquidity providers and internal ledgers for real‑time posting and collateral management.
Benefits
- Competitive starting salary with an annual discretionary bonus that rewards performance from day one.
- Dedicated mentorship from experienced managers.
- State‑of‑the‑art tools and systems.
- Clear and accelerated career progression pathways.
- Collaborative and supportive culture.
- Generous benefits package tailored to location, including health care and social benefits.
- Central London office with excellent transport links.
