Risk Specialist

Role Summary

For this role, previous experience trading interest rate and/or FX products is essential. Hands-on experience in options pricing and risk management would be ideal.

RESET delivers innovative solutions for the challenges of managing fixing and strike risk in trading portfolios. We focus on second order risks that result from the underlying instruments traded and the accumulation of imbalanced exposures over time. 

Our specialists have direct trading experience in multiple markets, allowing us to help traders solve a wide variety of needs beyond simply accessing a very deep, global liquidity pool. RESET currently offers matching services in Rates (FRA/SPS, Inflation and Basis Swaps) and FX (NDF, FX Options).

Job Responsibilities

Risk Management

• Risk specialist role responsible for achieving revenue targets by maximizing participation in Reset runs - actively guide support sales and operations team members to optimize Reset efficiency and results
• Curve creation for Reset runs in OTC rates and fx products
• Reviewing and actively managing risk parameters for conservative and effective run results
• Responsible for final sign-off of runs prior to execution
• Work closely with sales team to build strong long-term relationships with customers, and potential customers, with a particular focus on engaging with clients on technical risk parameter discussions
• Support and lead the development and specification of new initiatives, broadening revenue streams via new product development and roll-out
• Assist Development and Project Managers define expansion of Reset functionality
• Pro-actively seek client feedback to assist in service development and enhancement
• Regular verbal updates, progress reports to management

Leadership & Strategy

• Works collaboratively with Shared Services functions (Technology, Marketing, Clearing, Finance.) as well as other Business lines to develop coordinated strategies, where appropriate.

Sales / Account / Relationship Management

• Applies extensive knowledge of product/services when representing Reset to internal and external audiences (e.g. current clients, target clients, conferences, etc).
• Relationship management of existing client base with a focus on maximizing client participation and experience in Reset runs to grow revenues
• Develop and prioritize a targeted pipeline of new client opportunities
• Manages the communication flow between client and Operations before/during/after Reset runs to ensure effective client results and experience

Risk Management

• Curve creation for Reset runs
• Engaging with clients on technical risk parameter discussions if and when needed
• Responsible for final sign-off of runs prior to execution
• Reviewing and actively managing risk parameters for conservative and effective run results

Product Management / Development

• Leads expansion of services to new products and asset classes

Job Requirements

• Previous experience in trading and risk management of interest rate and FX products essential
• Hands-on experience in options pricing and risk management ideal
• Experience with Bloomberg functionality ideal
• Having been a client of Reset would be ideal, but not required
• Strong general financial product and market knowledge across multi-assets in FX, Rates and other financial markets
• Solid understanding of market pricing across multi-product environment essential
• Ability to work with sales team to market and communicate with clients and various institutions
• Ability to build bespoke market pricing tools in Excel ideal
• Understand and anticipate changing business needs as a result of evolving risk and regulatory environments

About OSTTRA
Candidates should note that OSTTRA is an independent firm, jointly owned by S&P Global and CME Group.  As part of the joint venture, S&P Global provides recruitment services to OSTTRA - however, successful candidates will be interviewed and directly employed by OSTTRA, joining our global team of more than 1,200 post trade experts.

OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post trade evolution and innovation for the last 20+ years:  MarkitServ, Traiana, TriOptima and Reset.  OSTTRA is a joint venture, owned 50/50 by S&P Global and CME Group.

 With an outstanding track record of developing and supporting critical market infrastructure, our combined network connects thousands of market participants to streamline end to end workflows - from trade capture at the point of execution, through portfolio optimization, to clearing and settlement.

Joining the OSTTRA team is a unique opportunity to help build a bold new business with an outstanding heritage in financial technology, playing a central role in supporting global financial markets. 
Learn more at www.osttra.com.

What’s In It For You?

Benefits:

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.
Our benefits include: 

• Health & Wellness: Health care coverage designed for the mind and body.

• Flexible Downtime: Generous time off helps keep you energized for your time on.

• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.

• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.

• Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.

• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries