Director, Product Management - Clearing Services

Department: Product Operations

Employment Type: Full Time

Location: Tysons Corner

Compensation: $150,000 - $200,000 / year

Description

Nodal Exchange, the largest power futures exchange in North America, is a derivatives exchange providing price, credit and liquidity risk management to participants. Nodal Exchange is a leader in innovation, having introduced the world’s largest sets of environmental and electric power futures and options contracts. All transactions on Nodal Exchange are cleared through its wholly owned subsidiary, Nodal Clear, using its award-winning portfolio-margining methodology. As leaders in innovation, Nodal Exchange and Nodal Clear have built in-house most of the trading and clearing platforms that fuel our business. Nodal Exchange is part of the EEX Group which is in turn part of the Deutsche Börse Group. Nodal seeks talented and motivated applicants for the following role based in Tyson’s Corner, VA (DC Metro area): Director, Product Management - Clearing Services The Director, Product Management is responsible for continuously discovering, championing, monitoring, and refining products/services so we deliver solutions that clearing house partners and clearing members need and love. The ideal candidate will have a deep knowledge of our industry, users, other stakeholders, and competitors. This is a cross-functional role that will work closely with delivery teams to balance the needs of the market with the various constraints of the business. This position will report directly to the Chief Product Officer.

Key Responsibilities

Job responsibilities: 

• Lead end-to-end product/service design, including user research, competitive research, interviews, conceptual planning for features and product ideas, design, prototyping, and wireframing
• Work with engineers and delivery managers to check for viability and feasibility
• Negotiate compromises or alternatives with delivery managers and engineers
• Work with the delivery managers through the product life cycle to provide the needed support to deliver
• Develop and execute go-to-market strategy
• Define outcome-based performance indicators that measure product/service effectiveness
• Monitor KPIs and develop feedback loops to retain, refactor, replace, or retire products/services as needed

Skills, Knowledge and Expertise

• Bachelor’s degree or equivalent practical experience
• Experienced in modern product discovery and product delivery techniques and methods 
• 5 years working on technology-powered products in commodity clearing
• Learn multiple functional areas of business – engineering, design, finance, sales, and marketing
• Ability to solve problems with many constraints, using sound judgment to assess risks, and to lay out your argument in a well-structured, data-informed, written narrative.
• Engage with engineers, designers, and company leaders in a constructive and collaborative relationship.

Salary Range: $150,000-$200,000 per year base salary, when annualizedPay Transparency Notice: The salary range is based on the D.C. metro area, the successful candidate’s starting salary will vary depending on permissible, non-discriminatory factors including but not limited to qualifications, skills, and experience. Nodal also offers a wide range of benefits and perks for full-time employees, which may include target bonuses. 

Benefits

Nodal Employee Benefits and Perks:https://nodalexchange.pinpointhq.com

Nodal Exchange, LLC does not discriminate on the basis of race, color, religion, sex, gender, sexual orientation, gender identity or expression, pregnancy, parental status, marital status, citizenship, national origin, age, disability, genetic information, military status, veteran status, physical or mental health, hairstyle, or any other characteristic protected by federal, state or local law with respect to recruitment, hiring, training, promotion, or in any other terms and conditions of employment. Nodal Exchange is an E-verify participant.