Product Manager (Clearing)

Job Title:

Product Manager (Clearing)

Location:

Chicago, IL (60607) - Hybrid - 4 days a week in office

Our client seeks a capital markets Product Manager to help develop and deliver the clearing product roadmap for CFTC- and SEC-regulated listed products. This individual contributor will collaborate with Engineering, Infrastructure, Risk, Operations, and Clearing Member Firms’ middle- and back-office teams.

Candidates should bring strong product judgment, stakeholder communication, experience incorporating AI, and comfort navigating ambiguity. Clearing expertise is preferred, though adjacent market experience is welcome.

Responsibilities:

• Contribute to product vision and roadmap planning, prioritizing features based on Clearing strategy, regulatory and market developments, business impact, and feasibility.
• Translate stakeholder input, business initiatives, and regulatory requirements into clear, actionable requirements for Engineering, Infrastructure, Risk, and Operations.
• Own assigned feature releases, coordinating timelines and vendor deliverables, partnering with QA on test strategy and release validation, and monitoring performance to identify and address delivery risks and operational issues.
• Serve as the day-to-day Product contact across departments, aligning stakeholders and resolving questions throughout the requirements and release lifecycle.
• Engage Clearing Member Firms and Participating Exchanges for feedback and product support, including back-office and middleware onboarding and education for new integrations and services.
• Mentor Analysts on requirements writing, prioritization, and product best practices.

Requirements:

• 7+ years' experience in business analysis or product management, preferably at a Derivatives Clearing Organization (DCO), Covered Clearing Agency, Exchange, Futures Commission Merchant (FCM), Broker-Dealer, or Bank
• Demonstrated ability to own projects independently from requirements through delivery
• Proven experience in Agile and the software development lifecycle
• Proficient in leveraging the Atlassian software suite (including Jira and Confluence) for project management and collaboration

*** Our client offers exceptional benefits for the total wellbeing of their people – including health, financial, personal and social wellness.

• Fair and competitive salary and incentive compensation packages with an upside for overachievement
• Generous paid time off, including vacation, personal days, sick days and annual community service days
• Health, dental and vision benefits, including access to telemedicine and mental health services
• 2:1 401(k) match, up to 8% match immediately upon hire
• Discounted Employee Stock Purchase Plan
• Tax Savings Accounts for health, dependent and transportation
• Employee referral bonus program
• Volunteer opportunities to help you give back to your communities
• Complimentary lunch, snacks and coffee in any office
• Paid Tuition assistance and education opportunities
• Generous charitable giving company match
• Paid parental leave and fertility benefits
• On-site gyms and discounts to other fitness centers