Senior Risk Product Specialist - EMEA at Numeric

Milan, Lombardy, Italy

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Technology, Capital MarketsIndustries

Requirements

5 years experience in the Financial Services industry. Front or middle office experience at a sell-side institution, hedge fund or asset manager a plus, with a preference on the buy-side
Strong analytical and communication skills, including a thorough understanding of how to interpret customer business needs and translate them into functional and technical requirements
Good understanding of and experience delivering market risk analytics including Greeks, Stress Testing, VaR, backtesting and PnL explain. Counterparty credit risk knowledge a plus including XVA and PFE
Extensive knowledge of listed, cash and Derivative products including valuation models and methodologies
Intermediate coding skills are required with Python preferable

Responsibilities

Understand requirements using interviews, document analysis, requirements workshops, surveys, site visits, business process descriptions, use cases, scenarios, business analysis, tasks and workflow analysis
Critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, abstract up from low-level information to a general understanding, and distinguish user requests from the underlying true needs
Work with Clients, Professional Services and R&D to analyze product gaps and enhancement requests, draft technical specifications and assist in prioritizing developmental efforts
Serve as business and technical expert on pre-sales and post-sales projects as needed. Work may include serving as business and technical resource for active client implementations
Develop prototypes based on the aforementioned business analysis by leveraging Numerix SDK, Python and other tools
Work cross functionally with various departments, our clients, as well as the entire Numerix organization as a member of the Risk Analytics team

Skills

Key technologies and capabilities for this role

Market RiskPricing and Risk ManagementPythonNumerix SDKBusiness AnalysisTechnical SpecificationsPrototypingPre-salesPost-salesQuantitative Analytics

Questions & Answers

Common questions about this position

What experience is required for the Senior Risk Product Specialist role?

Candidates need 5 years of experience in the Financial Services industry, preferably front or middle office at a sell-side institution, hedge fund, or asset manager with a buy-side preference. Strong analytical and communication skills are required, along with a good understanding of market risk analytics including Greeks, Stress Testing, VaR, backtesting, and PnL explain.

What coding skills are needed for this position?

Intermediate coding skills are required, with Python preferable.

What is the salary or compensation for this role?

This information is not specified in the job description.

Is this position remote or does it require office work?

This information is not specified in the job description.

What kind of financial product knowledge is essential?

Extensive knowledge of listed, cash, and Derivative products including valuation models and methodologies is required.

Numeric

Financial close management solutions for enterprises

About Numeric

Numeric.io provides financial close management solutions designed to streamline the month-end close process for large enterprises. The platform integrates features for closing, reconciling, and analyzing financial data, enhancing collaboration and control over financial processes. It automates complex tasks to ensure financial controls are maintained, helping companies remain audit-ready. Numeric.io operates on a Software-as-a-Service (SaaS) model, where clients subscribe for access to its features, allowing for continuous updates and support. This approach enables Numeric.io to cater to both mid-sized and large corporations with tailored solutions for their financial close needs. The company's goal is to transform how businesses manage their financial close processes, making them faster, more accurate, and efficient.

San Francisco, CaliforniaHeadquarters

2020Year Founded

$40.4MTotal Funding

SERIES_ACompany Stage

Enterprise Software, FintechIndustries

1-10Employees

Benefits

Remote Work Options

Flexible Work Hours

Risks

Competition from established firms like BlackLine and FloQast may impact Numeric's market share.

Rapid AI advancements require continuous innovation, potentially straining Numeric's resources.

Data privacy concerns and regulatory scrutiny could pose compliance challenges for Numeric.

Differentiation

Numeric offers a unified platform for financial close management, enhancing efficiency and accuracy.

The company targets large enterprises and IPO-preparing firms, providing tailored financial solutions.

Numeric's SaaS model ensures continuous updates and support, maintaining client satisfaction and loyalty.

Upsides

Numeric raised $28M in Series A funding, boosting its growth and development potential.

Strategic partnership with Riveron enhances Numeric's AI-driven financial management solutions for CFOs.

Growing demand for AI-driven financial solutions supports Numeric's market expansion and innovation.

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