Head of Market Product Derivatives

This is an exceptional opportunity for a senior professional with deep experience building financial technology software supporting derivatives. In close collaboration with Sales, Product, Operations, and Services teams, you will strategically define and lead the high level roadmap for Clearwater's Derivatives product including taking ownership of the market readiness for derivative valuation, hedge accounting, collateral management and other full lifecycle product development.

This role is also expected to assist with supporting the development of Clearwater's CECL (Current Expected Credit Loss) product. As the Senior Product Leader for these asset classes, you will articulate the overall vision for derivatives, define and document requirements, create JIRA stories, and work closely with development teams to implement solutions. You will own the full product lifecycle — from market problem definition to user personas, workflow documentation, and business requirements for key functional groups — while also contributing your credit and valuation expertise to CECL product initiatives and mentoring junior product team members.

• Own a deep understanding of the competitive landscape across the derivatives market (IR, FX, credit, and equity derivatives)
• Work with internal and external influencers to develop scalable, repeatable solutions for derivatives clients primarily in the insurance and banking industries
• Partner with Sales leadership to identify and prioritize high-value market opportunities across both asset classes
• Serve as the organization's senior subject matter expert on industry changes (e.g., LP/GP reporting standards, ILPA guidelines, derivatives regulatory shifts such as Dodd-Frank/EMIR, and CECL-related accounting standards) and represent Clearwater externally at that level

• Collaborate with Solutions and Product teams to understand client workflows, pain points, and how Clearwater's platform can enhance operations across derivatives
• Lead product strategy for the Derivatives product line, including valuation, sensitivity analysis, collateral/margin workflows, and derivatives accounting and reporting requirements
• Support CECL product development by contributing expertise on credit risk modeling, expected loss methodologies, and how derivatives/alternative asset exposures factor into credit loss estimation
• Develop detailed business requirements and manage JIRA stories throughout the development lifecycle for both product areas
• Partner with development teams on feature design, ensuring engineers understand the business value behind each deliverable
• Define product capabilities necessary to capture high-priority opportunities in derivatives, and CECL, translating them into development-ready products

• Own and communicate the private funds and derivatives product roadmaps to internal and external stakeholders on a regular cadence
• Provide regular updates and cross-functional input on CECL product progress and priorities
  
  Lead conversations with senior internal stakeholders on use cases, client needs, and future product direction
• Work with Sales, Operations, and Client Services to prioritize development projects, balancing new market growth with profitability and client experience
• Define the private funds and derivatives offering strategy and partner with Marketing on collateral and positioning

• Put client success at the center of every product decision, ensuring new features solve real operational challenges faced by insurance companies and banks that use derivatives for risk management purposes
• Measure success of new feature releases through adoption metrics…