Senior Product Consultant (Cross-Currency & Interest Rate Swaps)
Ebury helps ambitious businesses unlock global growth, and we take the same approach with our people. We encourage innovation and movement, collaboration and problem-solving, and foster an environment where everyone can feel they belong, are valued, supported and empowered to succeed.
If you’re a collaborator who wants to help transform how businesses operate globally, get in touch - we’d love to discuss how Ebury can accelerate your career so you can shape the future.
Senior Product Consultant (Cross-Currency & Interest Rate Swaps)
Role Type: Fixed-Term Contractor
Focus: Product Launch, Derivatives Architecture, & Market Entry
Ebury Madrid Office - Hybrid: 4 days in the office, 1 day working from home per week
About the Role
As a Senior Product Consultant, you are being brought in for a high-impact, mission-critical mandate: to architect and launch our Cross-Currency (XCS) and Interest Rate Swap (IRS) product suite.
You will act as the Global SME, defining how we price, book, and manage these derivatives while navigating the intricacies of interest rate products (e.g., SOFR, SONIA, EURIBOR).
What you’ll do
- Interest Rate Swaps & Cross-Currency Rate Swaps Product Launch: Lead the end-to-end product lifecycle for Cross-Currency and Interest Rate Swaps, from initial scoping and pricing, underwriting to trade confirmation and settlement workflows.
- Technical Architecture & Lifecycle Management: Define the mechanics of IRs swap execution and lifecycle management.
- Cross-Domain Program Management: Orchestrate the delivery of the IRs swaps pilot roadmap across Treasury (liquidity management), Risk (credit lines and MTM valuations), Legal/Compliance (documentation), Data and Engineering.
- Regulatory & Market Compliance: Ensure the product suite adheres to global derivatives reporting standards (e.g., EMIR, MiFID II).
- Operational Processes & Documentation: Create the definitive "Source of Truth" for IR swaps. This includes internal operational manuals and client-facing educational materials.
- Commercial Strategy: Partner with Sales and Trading to identify high-value client segments (e.g., corporate treasurers with long-term debt exposure) and tailor the product launch to solve their interest rate and currency risk.
What you’ll need
- 7+ Years in Financial Product Management: Deep expertise specifically in Interest Rate Derivatives and Cross-Currency Swaps.
- Execution Track Record: Proven experience launching complex financial products from "zero to one" in a regulated environment.
- Regulatory Knowledge: Deep familiarity with regulatory frameworks and the reporting requirements for Over-The-Counter (OTC) derivatives.
- Project Leadership: The ability to lead cross-functional squads without direct authority, moving at the pace required by a high-growth fintech.
- Communication: Ability to translate complex quantitative finance concepts into clear requirements for data and developers and strategic business cases for the C-suite.
Contract Deliverables
1. Phase I: Pilot & MVP Execution
The initial focus is on validating and launching the core trade lifecycle for Interest Rate Swaps (IRS) and Cross-Currency Swaps (XCS).
- Launch Parameters: Execute the Pilot/MVP with a select group of pilot clients to test execution, settlement and trade lifecycle.
- Documentation Suite: Finalize internal documentation and external-facing client manuals.
2. Quantitative & Risk Frameworks
- Pricing & Valuation: Define and calibrate the Pricing Frameworks.
- Establish Mark-to-Market (MtM) logic and Underwriting Frameworks to assess counterparty credit risk and margin requirements.
- Implement robust control frameworks to monitor product risk.
3. Operational & Governance Infrastructure
Moving from manual workarounds to automation.
- Finalize workflows and automated regulatory reporting logic.
- Define the Implementation Roadmap, focusing on seamless API integration with: Liquidity Providers (LPs) (For automated hedging and price discovery) and Internal Ledgers: For real-time sub-ledger posting and collateral management.
4. Commercial Enablement
Ensuring the front office is equipped to sell and support the new instruments.
- Sales & Support Toolkit: Provide client-facing teams with technical training, pitch decks, and FAQs.
Why Ebury?
- Competitive Starting Salary with an annual discretionary bonusthat truly rewards your performance from day one.
- Dedicated Mentorship: Learn directly from experienced managers who are invested in your success.
- Cutting-Edge Technology: Leverage state-of-the-art tailor made tools and systems that enable you to perform at your best.
- Clear, Accelerated Career Progression: Defined pathways to leadership and specialist roles within Ebury.
- Dynamic & Supportive Culture: Work in a collaborative environment where teamwork and personal growth are prioritized.
- Generous Benefits Package: Access competitive benefits tailored to your location, which typically include health care and social benefits.
- Central MadridOffice: A fantastic location with excellent transport links.
Ready to launch your career with a global FinTech? Click the ‘Apply’ Today and discover your potential at Ebury!
#LI-FZ1
#LI-HYBRID
About us
Ebury delivers sophisticated, integrated solutions — business accounts, hedging, and financing — on a single platform with a seamless workflow. Our success is built on a simple premise and singular purpose: To help businesses operate and scale globally.
Since its founding in 2009, Ebury has always been a fast-growing leader in fintech. Today, we bring together 1,800+ Eburians across nearly 70 cities and we’re always looking to add to our team.
At the heart of our offering is a proprietary platform, purpose-built to help businesses seamlessly streamline and manage global cash flow. We focus on continuous product evolution and innovation to build the infrastructure for borderless growth and help our clients scale at every stage.
The opportunities at Ebury are as diverse as our people, ranging from business development to engineering roles across our tech pillars.
We believe in inclusion. We stand against discrimination in all forms and are against the intolerance of differences that makes us a modern and successful organisation. At Ebury, you can be whoever you want to be and still feel a sense of belonging no matter your story.