Vice President, Credit Product Management, MarkitSERV recruitment

Department overview:

MarkitSERV Credit Product Management is responsible for the operation and growth of the credit derivative trade processing business within MarkitSERV, including trade affirmation, confirmation, allocation delivery, novations and clearing workflows. The team is also heavily involved in helping the Credit Derivatives industry to prepare for the recently enacted Dodd-Frank reporting rules and other regulatory change


Position summary

The role of a product manager consists of overseeing post-sales implementations and operation of credit-related services as well as ongoing product development and enhancements for the MarkitSERV DSMatch and MarkitSERV MarkitWire services.

The Credit Product Manager will also liaise with product managers from other areas of the firm whose products impact credit derivatives to ensure strategies are aligned.

The role requires active coordination across multiple business functions within MarkitSERV, including sales, account management, business analysis, development, and other product management teams.

The Credit Product Manager should expect to have regular customer contact and be comfortable presenting and understanding complex workflows from both an operational and IT perspective.Building and maintaining strong relationships with senior staff at MarkitSERV’s customers will be an important part of the role.


Duties accountabilities

• Manage product release schedules, coordinating development, operations, business analysts, testing and sales and ensuring commitments are met.

• Coordinate resources across various product platforms for end-to-end solutions.

• Understand and communicate the business and regulatory drivers behind usage of MarkitSERV’s credit derivatives services by buy-side and sell-side users. Understand workflows associated with their usage and be able to explain these in detail. Aid with product direction and positioning, define features, and set enhancement schedules

• Draft and / or coordinate creation of external and internal communications including marketing materials.


Business competencies Education and experience

• Strong analytical and problem-solving skills

• Very strong inter-personal and influencing skills

• Excellent written and verbal communication skills

• Experience with OTC post-trade processes and/or derivative operations experience preferred, especially credit derivatives experience

• Relationship management experience a significant plus

• Project management experience a plus

• Product management experience a plus

• Ability to work under pressure, multi-task and consistently meet tight deadlines

Commercial awareness

• Understanding of the commercial basis of software development and of how vendors interact with their clients would be a significant plus

• Service driven with excellent customer and Industry awareness

Management requirements

• None initially, but the ability to coordinate internal teams and tasks across a variety of functions will be vital


Personal competencies Personal impact

• Self-starter who can work successfully in teams and independently

• Eager to participate and learn

• Exceptional energy, drive and stamina

• Flexible and able to adapt to changing situations

• Strong influential skills and work ethic

• High standard of analytical and written work

• Integrity on service delivery

Communication

• High level of competency with excellent communication skills both written and verbal required

Teamwork

• Strong team player comfortable working at all levels of the business

• Strongly identifies with corporate vision and personally aligns with both corporate and product short and long term goals and strategies

  Company overview

MarkitSERV is a new company formed between Markit and The Depository Trust Clearing Corporation (DTCC).

MarkitSERV combines the flagship electronic trade confirmation, position reconciliation and related workflow platforms from its parent companies to provide a single gateway for over-the-counter (OTC) derivative transaction processing globally. Our combined solution helps to reduce operational risk, streamline processing and improve the safety and certainty of the OTC derivatives markets by simplifying and automating trade processing across the major asset classes.