«out the Role: Role Title: Risk Specialist - Derivatives & Portfolio Management (OSTTRA Focus) Role Purpose: The Risk Specialist will play a crucial role in managing and mitigating risk associated with FX derivatives with a specific focus on supporting OSTTRA's optimization and Reset services. This individual will be responsible for bridging the gap between model and market pricing, managing micro portfolios, and ensuring alignment with diverse client risk appetites. They will leverage advanced Excel skills, build strong relationships with Sales, and effectively resolve client cost-related issues, all while contributing to the efficient utilization of OSTTRA's platforms for risk optimization. Key Responsibilities: Support OSTTRA's Reset service to mitigate risk in derivative portfolios. Apply knowledge of OSTTRA's optimization tools to enhance portfolio efficiency and reduce risk exposure. Monitor and analyze the impact of OSTTRA's services on portfolio risk metrics. Pricing and Valuation: Analyze and reconcile discrepancies between model and market pricing. Maintain and manage complex pricing models leveraging proprietary tools and Excel, utilizing add-ins and VBA as required. Ensure accurate and timely curve vol-surface generation. Portfolio Management: Execute micro portfolio management strategies, optimizing risk-return profiles. Monitor portfolio performance and identify potential risk exposures. Contribute to the development and implementation of portfolio risk management frameworks. Client Risk Appetite and Management: Interpret and apply diverse client risk appetites to portfolio management and pricing decisions. Proactively manage client issues related to pricing, valuation, and cost discrepancies. Communicate effectively with clients regarding risk-related matters. Sales Relationship Management: Build and maintain strong relationships with the Sales team, providing risk-related support and expertise. Collaborate with Sales to understand client needs and develop tailored risk management solutions. Provide timely and accurate risk assessments for new and existing client transactions. Derivatives Expertise: Apply in-depth knowledge of derivatives to risk management activities. Stay abreast of market developments and regulatory changes impacting derivative markets. Provide expertise on derivative pricing, valuation, and risk management to internal stakeholders. Provide clear and concise communication to clients during issue resolution. Essential Skills and Qualifications: Strong understanding of FX derivatives. Proven ability to differentiate and action on discrepancies between model and market pricing. Ability to interpret and apply diverse client risk appetites. Advanced proficiency in Excel, including the use of add-ins and potentially VBA. Excellent analytical and problem-solving skills. Strong communication and interpersonal skills. Ability to build and maintain strong relationships with internal and external stakeholders. Experience managing client issues relating to cost. Understanding of OSTTRA platforms, and their application to risk management. Relevant degree in Finance, Mathematics, Economics, or a related field. Preferred Skills and Qualifications: Relevant professional certifications (e.g., FRM, CFA, NFA Series 3). Experience with risk management software and systems. Knowledge of regulatory requirements related to derivatives. Experience with Python or R for data analysis. Personal Attributes: Detail-oriented and highly organized. Ability to work independently and as part of a team. Proactive and results driven. Strong ethical standards. Ability to work well under pressure. 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 Recruitment Fraud Alert: If you receive an email from a spglobalind.com domain or any other regionally based domains, it is a scam and should be reported to [email protected]. S&P Global never requires any candidate to pay money for job applications, interviews, offer letters, “pre-employment training” or for equipment/delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines, fraudulent domains, and how to report suspicious activity here. ----------------------------------------------------------- Equal Opportunity Employer S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment. If you need an accommodation during the application process due to a disability, please send an email to: [email protected] and your request will be forwarded to the appropriate person.  US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law. Pay Transparency Nondiscrimination Provision - https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf ----------------------------------------------------------- 20 - Professional (EEO-2 Job Categories-United States of America), BSMGMT203 - Entry Professional (EEO Job Group) Job ID: 317995 Posted On: 2025-09-08 Location: London, United Kingdom