At a Glance
- Tasks: Define functional specifications for the complete trade lifecycle within a front-to-risk application.
- Company: Numerix has been a leader in financial technology since 1996, focusing on pricing and risk management.
- Benefits: This role offers a hybrid or remote work option, particularly for those in the Milan area.
- Other info: The position involves collaboration with UX/Design and various teams across the organisation.
- Why this job: Join a pioneering team in financial technology and shape the future of trade management.
- Qualifications: 5+ years of experience with trade management or front-to-back trading systems is required.
The predicted salary is between 60000 - 80000 £ per year.
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.
The Product Specialist - Trading will work within the Product Management organization on the Trade Management & Workflow vertical of Oneview, a next‑generation front‑to‑risk application for the financial markets industry.
What You’ll Do- Define functional specifications for the complete trade lifecycle within a front‑to‑risk application, from pre‑trade checks through booking, lifecycle events, and termination.
- Own user‑centric requirements in JIRA for trade capture, booking models, lifecycle states, approvals, validations, and workflow orchestration.
- Specify interactions with upstream systems such as execution venues, trading platforms, and clearing houses (e.g. trade enrichment, confirmations, clearing state).
- Define workflows governing downstream integrations with payment systems, settlement platforms, and back‑office systems.
- Own functional behavior for trade‑level settled cash flows, including generation, amendments, netting, settlement status, and lifecycle tracking.
- Define booking hierarchies and core trade attributes (legal entity, desk, book) and ensure correctness for downstream risk, PnL, and operations.
- Collaborate with UX/Design to define intuitive screens for trade capture, lifecycle tracking, workflow actions, and operational views.
- Ensure workflows enforce appropriate controls, roles, permissions, and approval chains.
- Define functional test cases and support reviews and UAT with trading, operations, and risk users.
- Act as the primary functional contact for developers on Trade Management & Workflow topics.
- 5+ years of experience with trade management or front‑to‑back trading systems.
- Strong understanding of the full derivative trade lifecycle, including clearing, settlement, and cash‑flow processing.
- Good working knowledge of risk management fundamentals (PnL, sensitivities, VaR, exposure) and their dependency on accurate trade and lifecycle data.
- Experience specifying workflows involving upstream venues or clearing platforms and downstream payment and back‑office systems.
- Proven ability to write clear, structured, user‑centric requirements in JIRA.
- Exposure to multiple asset classes and their lifecycle specificities.
- Strong communicator, comfortable working across product, engineering, trading, operations, and risk teams.
This is a hybrid or remote role, open to the EMEA region with a preference for those who live in the Milan, Italy area.
SalaryThe 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.
Product Specialist - Trading (EMEA) employer: Numerix
Numerix, based in Milan, Italy, offers a dynamic work environment with a focus on innovation in financial technology. Employees benefit from flexible working arrangements and the opportunity to work on cutting-edge applications that redefine risk management. The team is dedicated to empowering financial institutions globally.