Head of Innovation - Financial Risk Analytics - S&P Global
New York, NY
About the Job
About the Role:
Grade Level (for internal use):
15
The Team:
This position is within the S&P Global Market Intelligence group (MI), leaders in delivering cutting-edge insights, data, and technology solutions across various sectors. Leveraging datasets from the acquisition of IHS Markit, Market Intelligence offers workflow solutions and products, including the financial risk and analytics portfolio where this role is situated.
Part of MI, The Financial Risk Analytics business (FRA) provides comprehensive solutions for risk management, including real-time insights on valuation adjustments (XVA), buy side risk management tools (such as VaR calculations and stress testing), counterparty credit risk management, and support for regulatory and market risk requirements. These cloud-based solutions are designed to help financial institutions on both the sell and buy side navigate complex risk landscapes efficiently and effectively.
Responsibilities and Impact:
The Head of Innovation for Financial Risk Analytics will be responsible for defining and executing the strategic direction of S&P Global’s market risk offerings. This senior role combines strategic vision, product leadership, and architectural oversight, ensuring alignment across teams to deliver a fully competitive market risk solution tailored for buy-side clients. With expertise in market risk product development and architecture, the head of Innovation will work closely with Product, Technology, and Go-to-Market teams to drive innovation and position S&P Global as an industry leader.
Strategic Vision and Product Roadmap:
+ Develop and execute a long-term roadmap for market risk solutions.
+ Ensure that product initiatives align with business objectives, driving timely delivery of high-impact features.
+ Work closely with Product, Financial Engineering, and Sales to incorporate market insights and ensure alignment with client demands.
Architectural Oversight:
+ Lead a high-level review of current system architecture to identify opportunities for scalability, performance, and innovation.
+ Collaborate with Technology to ensure that architectural improvements align with the product roadmap and support overall stability.
Thought Leadership and Market Engagement:
+ Thought leadership – market risk:
+ Act as a spokesperson and thought leader for market risk, representing the company at industry events, publishing insights, and leading client discussions.
+ Build strong relationships with industry stakeholders and clients, enhancing our market positioning through strategic partnerships.
+ Drive initiatives that differentiate our market risk solutions from competitors.
Cross-Functional Alignment and Strategic Integration -market risk:
+ Ensure collaboration across Product, Financial Engineering, and Go-to-Market teams, promoting a unified approach to delivering the market risk strategy.
+ Foster open communication between departments, aligning goals and enabling seamless execution.
Innovation and Continuous Improvement – Market Risk:
+ Champion innovation initiatives within market risk solutions, particularly in areas like AI and advanced analytics.
+ Explore integration of other S&P Global assets to create a differentiated product that meets evolving client needs.
Compensation/Benefits Information: (This section is only applicable to US candidates)
S&P Global states that the anticipated base salary range for this position is $173.7k to $300k. Final base salary for this role will be based on the individual’s geographic location, as well as experience level, skill set, training, licenses and certifications.
In addition to base compensation, this role is eligible for an annual incentive plan.
This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, please click here (https://spgbenefits.com/benefit-summaries) .
What We’re Looking For:
Markets Expertise
+ Ideally have worked as CTO, CPO or CPTO at a risk solution provider and is deeply knowledgeable in domain of Cloud Architecture, Data management, Product and technology design in the market risk domain.
+ Practitioner experience in Traded Markets within sell-side firms across all major asset classes from Trading and Risk Control / Management.
+ Demonstrable experience encompassing a comprehensive understanding of the latest Market Risk, Counterparty Credit Risk, Liquidity Risk, Regulatory Risk, and XVA.
Buyside Expertise
+ Practitioner experience in buy-side firms (Asset Managers, Hedge Funds, Pension Funds), specializing in Financial Instruments and Equity Long-Short Funds, with a preference for Risk.
+ Desirable portfolio management understanding.
+ Experience in consulting with global regulators and interpreting Regulatory Technical Standards and consultation proposals.
Functional Understanding
+ Seasoned product management/development experience, including an understanding of agile and SDLC, and proficiency in productivity tools such as Kanban, GitHub, Aha, etc.
+ Background working at a leading Risk product vendor would be advantageous.
+ Understanding of model validation, model specification and white paper reviews would be desirable.
+ Very good understanding of the latest AI, big data and cloud technology capabilities and trends.
+ Expert project/programme/change management experience.
+ Excels in people management, leading teams of Quants, Financial Engineers, Risk Product Specialists and Product Development.
+ Trusted advisor to Chief Risk Officers, Chief Information Officers, and Chief Operating Officers in both the sell-side and buy-side, preferably as a practitioner in a Risk consultancy or within Risk in the sell-side or buy-side.
+ Comfortable with thought leadership production and public speaking engagements as an accepted industry expert on Financial Risk and Analytics.
Right to Work Requirements:
This role is limited to persons with indefinite right to work in the United States.
Return to Work:
Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return to Work initiative, Restart, we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.
About S&P Global Market Intelligence
At S&P Global Market Intelligence, a division of S&P Global we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction.
For more information, visit www.spglobal.com/marketintelligence .
What’s In It For You?
Our Purpose:
Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.
Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.
Our People:
We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.
From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.
Our Values:
Integrity, Discovery, Partnership
At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.
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
Diversity, Equity, and Inclusion at S&P Global:
At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation – Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn’t stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.
-----------------------------------------------------------
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: EEO.Compliance@spglobal.com 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
-----------------------------------------------------------
10 - Officials or Managers (EEO-2 Job Categories-United States of America), PDMGDV102 - Senior Management (EEO Job Group), SWP Priority – Ratings - (Strategic Workforce Planning)
Job ID: 310405
Posted On: 2024-12-12
Location: New York, New York, United States
Grade Level (for internal use):
15
The Team:
This position is within the S&P Global Market Intelligence group (MI), leaders in delivering cutting-edge insights, data, and technology solutions across various sectors. Leveraging datasets from the acquisition of IHS Markit, Market Intelligence offers workflow solutions and products, including the financial risk and analytics portfolio where this role is situated.
Part of MI, The Financial Risk Analytics business (FRA) provides comprehensive solutions for risk management, including real-time insights on valuation adjustments (XVA), buy side risk management tools (such as VaR calculations and stress testing), counterparty credit risk management, and support for regulatory and market risk requirements. These cloud-based solutions are designed to help financial institutions on both the sell and buy side navigate complex risk landscapes efficiently and effectively.
Responsibilities and Impact:
The Head of Innovation for Financial Risk Analytics will be responsible for defining and executing the strategic direction of S&P Global’s market risk offerings. This senior role combines strategic vision, product leadership, and architectural oversight, ensuring alignment across teams to deliver a fully competitive market risk solution tailored for buy-side clients. With expertise in market risk product development and architecture, the head of Innovation will work closely with Product, Technology, and Go-to-Market teams to drive innovation and position S&P Global as an industry leader.
Strategic Vision and Product Roadmap:
+ Develop and execute a long-term roadmap for market risk solutions.
+ Ensure that product initiatives align with business objectives, driving timely delivery of high-impact features.
+ Work closely with Product, Financial Engineering, and Sales to incorporate market insights and ensure alignment with client demands.
Architectural Oversight:
+ Lead a high-level review of current system architecture to identify opportunities for scalability, performance, and innovation.
+ Collaborate with Technology to ensure that architectural improvements align with the product roadmap and support overall stability.
Thought Leadership and Market Engagement:
+ Thought leadership – market risk:
+ Act as a spokesperson and thought leader for market risk, representing the company at industry events, publishing insights, and leading client discussions.
+ Build strong relationships with industry stakeholders and clients, enhancing our market positioning through strategic partnerships.
+ Drive initiatives that differentiate our market risk solutions from competitors.
Cross-Functional Alignment and Strategic Integration -market risk:
+ Ensure collaboration across Product, Financial Engineering, and Go-to-Market teams, promoting a unified approach to delivering the market risk strategy.
+ Foster open communication between departments, aligning goals and enabling seamless execution.
Innovation and Continuous Improvement – Market Risk:
+ Champion innovation initiatives within market risk solutions, particularly in areas like AI and advanced analytics.
+ Explore integration of other S&P Global assets to create a differentiated product that meets evolving client needs.
Compensation/Benefits Information: (This section is only applicable to US candidates)
S&P Global states that the anticipated base salary range for this position is $173.7k to $300k. Final base salary for this role will be based on the individual’s geographic location, as well as experience level, skill set, training, licenses and certifications.
In addition to base compensation, this role is eligible for an annual incentive plan.
This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, please click here (https://spgbenefits.com/benefit-summaries) .
What We’re Looking For:
Markets Expertise
+ Ideally have worked as CTO, CPO or CPTO at a risk solution provider and is deeply knowledgeable in domain of Cloud Architecture, Data management, Product and technology design in the market risk domain.
+ Practitioner experience in Traded Markets within sell-side firms across all major asset classes from Trading and Risk Control / Management.
+ Demonstrable experience encompassing a comprehensive understanding of the latest Market Risk, Counterparty Credit Risk, Liquidity Risk, Regulatory Risk, and XVA.
Buyside Expertise
+ Practitioner experience in buy-side firms (Asset Managers, Hedge Funds, Pension Funds), specializing in Financial Instruments and Equity Long-Short Funds, with a preference for Risk.
+ Desirable portfolio management understanding.
+ Experience in consulting with global regulators and interpreting Regulatory Technical Standards and consultation proposals.
Functional Understanding
+ Seasoned product management/development experience, including an understanding of agile and SDLC, and proficiency in productivity tools such as Kanban, GitHub, Aha, etc.
+ Background working at a leading Risk product vendor would be advantageous.
+ Understanding of model validation, model specification and white paper reviews would be desirable.
+ Very good understanding of the latest AI, big data and cloud technology capabilities and trends.
+ Expert project/programme/change management experience.
+ Excels in people management, leading teams of Quants, Financial Engineers, Risk Product Specialists and Product Development.
+ Trusted advisor to Chief Risk Officers, Chief Information Officers, and Chief Operating Officers in both the sell-side and buy-side, preferably as a practitioner in a Risk consultancy or within Risk in the sell-side or buy-side.
+ Comfortable with thought leadership production and public speaking engagements as an accepted industry expert on Financial Risk and Analytics.
Right to Work Requirements:
This role is limited to persons with indefinite right to work in the United States.
Return to Work:
Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return to Work initiative, Restart, we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.
About S&P Global Market Intelligence
At S&P Global Market Intelligence, a division of S&P Global we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction.
For more information, visit www.spglobal.com/marketintelligence .
What’s In It For You?
Our Purpose:
Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.
Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.
Our People:
We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.
From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.
Our Values:
Integrity, Discovery, Partnership
At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.
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
Diversity, Equity, and Inclusion at S&P Global:
At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation – Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn’t stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.
-----------------------------------------------------------
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: EEO.Compliance@spglobal.com 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
-----------------------------------------------------------
10 - Officials or Managers (EEO-2 Job Categories-United States of America), PDMGDV102 - Senior Management (EEO Job Group), SWP Priority – Ratings - (Strategic Workforce Planning)
Job ID: 310405
Posted On: 2024-12-12
Location: New York, New York, United States
Source : S&P Global