Product Risk Job Description

Product Risk Job Description

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Product risk provides representation and advocacy for risk product lines in cross-departmental project teams focusing on compliance, supervision, regulatory issues, servicing, marketing and sales strategies, cross-selling and financial security planning.

Product Risk Duties & Responsibilities

To write an effective product risk job description, begin by listing detailed duties, responsibilities and expectations. We have included product risk job description templates that you can modify and use.

Sample responsibilities for this position include:

Partner with Technology Plan and Development teams to create strategic solutions to oversee new products, develop enhanced risk management tools
Provide team with additional leverage in both execution of the Settlement Lockdown process/Counterparty exposure reporting in the EMEA time zone additional oversight from the issue remediation perspective
Manage projects and review market exposures for multiple portfolios of member firms
Coordinate and supervise daily activities of the senior analysts and analysts
Provide guidance on the performance of research to support margining methodologies
Identify and implement new margining methodologies and enhancements of existing methodologies
Be responsible for the resolution of issues relating to the daily calculation and monitoring of market risk exposure in the various clearing corporations and the depository
Prepare written responses to audit and regulatory reports, establish procedures to comply with audit, legal and regulatory requirements
Investigation of operational risk events
Assist with the overseeing of systems and end-to-end operational processes to ensure that controls are appropriate and key operational risks are identified, mitigated or remediated and reported, advising on ways to manage them through enhanced technology, controls, or transparency

Product Risk Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Product Risk

List any licenses or certifications required by the position: PMP, MBA, CISSP, PM, CISA, CIA, AML, EMV, ITIL, CRISC

Education for Product Risk

Typically a job would require a certain level of education.

Employers hiring for the product risk job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Finance, Engineering, Computer Science, MBA, Economics, Technical, Science, Mathematics, Education

Skills for Product Risk

Desired skills for product risk include:

Business unit functions and cross group dependencies/relationships
Excel
Adobe PDF
Cross functional team meetings
Digital compliance and regulations
MS Word
Medical terminology
Risk/Audit/Compliance competencies
Financial planning
ISO14971

Desired experience for product risk includes:

Project management and analytical skills will be a plus
Regional or international experience a strong plus
Assist in defining risk information and tools needed for the management of the core annuity products and other functions within R&I Product Management and ensure the capture of appropriate risk-related data to support the measurement and management of risk
Support the implementation and ongoing use of Governance, Risk and Compliance (GRC) tools within R&I Product Management
Timely delivery of accurate daily Risk and P&L reports with appropriate explanation / attribution
Perform Market Risk control and analysis by monitoring positions & risks of financial market business against various limits granted

Product Risk Examples

1

Product Risk Job Description

Job Description Example
Our company is looking to fill the role of product risk. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for product risk
  • Lead, motivate and manage relationships with ADS stakeholders, including senior Operations management, the COO team, Compliance, and Legal
  • Chair weekly and monthly governance forums
  • Review global ADS attestation packs with ADS Operations Directors, perform analysis and regularly review reporting structure of KPI (Key Performance Indicators) including presentation to senior management
  • Support risk and control governance by reviewing key control and performance indicators by challenging / validating as appropriate with the owners to provide commentary against status
  • Develop and institute a formal risk training program across ADS
  • Work with RCRM and Line teams to evolve and police Risk Management Framework
  • Perform Controls assessments, including deep dives into problem areas
  • Operational risk controls
  • Liases with other GBS teams
  • Sound understanding of market risks and/or credit risk
Qualifications for product risk
  • Working knowledge of different technologies like J2EE, Hadoop, SQL a plus
  • Experience in operational risk management
  • Strong team player with hands-on attitude
  • Preferred Major in Mathematics, Physics, Computer Science, Electronic Engineering, and other Engineering
  • Preferred experience of any programming language such as C, C++, Java, Visual basic, Python, Ruby
  • Solid knowledge of the Retirement business
2

Product Risk Job Description

Job Description Example
Our innovative and growing company is hiring for a product risk. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for product risk
  • Solid internal and external client facing experience
  • Able to work in a team environment and across geographies
  • Able to take ownership and work to deadlines
  • Preparing reports and facing off to stakeholders (the business other infrastructure departments) on regulatory projects within EM
  • IT literate and have an understanding of risk and knowledge of accounting policy
  • Attend regional and global business forums/committees in order to keep on top of items relating to EMEA clients and legal entities and provide Risk input and recommendations to discussions
  • Collaboration with regional and global Product Risk partners as to appropriate escalation within risk management and where any deep dive requirements may exist within Trading Services
  • Manage and coordinate EMEA credit approvals for Transactions Approval Committee and DR pricing deals including ongoing product training to risk professionals in order to facilitate decisions/approvals
  • Respond and manage requests to source and interpret management information in event of global and/or market events , Russia/Ukraine, Greece, Brexit ensuring content is kept current and key messages articulated according to stakeholder audience
  • Collaboration with regional and global Product Risk partners as to appropriate escalation within risk management and where any deep dive requirements may exist within Collateral Management
Qualifications for product risk
  • 2+ years' experience in product management/development
  • Solid knowledge of the Institutional Retirement business
  • BA required, Advanced Technical Degree preferred
  • Possess tact, diplomacy, and persistence to get the work done
  • Solid analytical skills and attention to detail required with a demonstrated ability to gather and analyze trends and identify root causes
  • Flexibility - Ability to manage multiple activities and prioritize appropriately
3

Product Risk Job Description

Job Description Example
Our company is hiring for a product risk. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for product risk
  • Work closely with technology, QA, and support teams product owners on product details and product features for each market release
  • Provide security risk management and security advice advice on strategic direction relating to product and information security
  • Partner with new product development teams to identify, document, and resolve risk related issues from product inception through to launch
  • Negotiate with product and risk stakeholders to set expectations and facilitate conversations on both sides
  • Build a reputation as trusted advisor and partner
  • Be a champion of change
  • Responsible for clinical content creation including the preparation of manuscripts, scientific abstracts, conference presentations and posters and physician education materials based on BSC clinical trials and and relevant research in a variety of therapeutic areas globally
  • Clinical content in the form of scientific manuscripts and scientific meeting presentations will also be prepared related to white space topics and post hoc analyses which answer key clinical questions and product positioning within and outside the United States
  • Interacts with internal medical and clinical personnel
  • Develops relationships/partnerships with external research partners in regards to content development and aid in management of collaborative content development process
Qualifications for product risk
  • At least 5 years industry experience with a significant portion focused on alternative investments (hedge funds, private equity, real estate, ), or managed futures
  • Experience / understanding of programming logic
  • Strong risk and controls acumen
  • Experience in defining systems scope, translating business needs and modeling/document requirements
  • 5 to 7 years of product or related experience
  • Proven ability to drive and deliver a successful Product Roadmap
4

Product Risk Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of product risk. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for product risk
  • Supporting key Product-wide initiatives working closely with all other Product Areas to drive efficiencies and create consistency where applicable
  • Identifying and addressing risks and control gaps in E2E processes
  • Working with the business to encourage early issue identification and resolution
  • Developing innovative and practical solutions to complex and business critical issues
  • Ensuring owned processes and procedures provide the business with the right level of control and Governance without being overly bureaucratic
  • Provide strategic leadership and technical direction to the global Risk Product Development team
  • Business and technical analysis of customer requirements, their documentation and subsequent solution design and documentation
  • Overall project responsibility including coordination with involved 3rd parties
  • Definition of customer-specific product extensions in close cooperation with the IT Business Analyst
  • Support with RFI/RFP response compilation
Qualifications for product risk
  • Experience developing product strategy and establishing product positioning
  • Strong organizational skills to plan, organize and schedule resources
  • Ability to develop creative ways to achieve goals
  • Minimum of 5 years payment card product management experience
  • Prior product management/development experience in the card payment industry
  • Participate in CTB initiatives of the team domain-wide
5

Product Risk Job Description

Job Description Example
Our company is searching for experienced candidates for the position of product risk. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for product risk
  • Identification and evaluation of risks which may occur to patients, operating personal or the device itself
  • Control of implementation of the risk mitigations and appropriate evidence as required by Product Risk Management process
  • Collection and systematic review of information about the product (incl
  • Representation of the risk management in Audits and Assessments
  • Lead as a Product Manager for ARWM capabilities
  • Function as the internal owner for product functionality by driving alignment between ARWM offering and client needs
  • Provides financial or operational business related analysis and research to support business and technical goals
  • Utilizes systems and data to resolve issues in the most effective manner
  • Collect and communicate competitive trends and competitors strategies, financial profile, profitability
  • Define product strategy aligned to current and future market and client need
Qualifications for product risk
  • For T+1 role, a Business or Accountancy based degree, with Flash role having a more Mathematical / Engineering / IT focused degree
  • Demonstrate a pro-active approach to enhance product knowledge by seeking out learning opportunities and develop the risk management skill-set
  • Build strong relationships with stakeholders including Compliance, Legal, Sales Teams, Product Development, Relationship Managers, Audit and Operations
  • Excellent appreciation of the risk, control and regulatory environment
  • Advanced use of software tools and communicating complex information in appropriate formats for different audiences
  • A solutions mindset and orientation, able to ‘think outside of the box’

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