Product Manager – Balance Sheet Risk Solutions

Empyrean Solutions is seeking a hands-on Product Manager to own Empyrean ALM, its asset/liability management platform for balance sheet risk. The role is responsible for customer discovery, roadmap and backlog ownership, detailed requirements, engineering partnership, cross-functional leadership, and continuous product improvement.

Responsibilities:

• Use Empyrean’s large ALM customer base and active user community as your primary engine for discovery. You will be responsible for running interviews, shadowing ALM managers and analysts, and testing usability firsthand rather than reviewing second-hand findings
• Uncover the jobs-to-be-done and underlying needs across the full ALM workflow: current-position data and reconciliation, chart of accounts and consolidation, scenario and shock design, NII/EVE and gap analytics, funds transfer pricing, and ALCO and regulatory reporting
• Build a deep, working understanding of how financial institutions actually manage balance sheet risk: the IRR policy and limit framework, the ALCO cadence, model governance and audit trail, and examiner expectations
• Help guide Empyrean ALM up-market using discovery to understand what the largest, most complex tier-1 institutions need from the platform
• Translate what you learn into a prioritized, validated roadmap with clear requirements the engineering team can act on
• Own the Empyrean ALM roadmap and backlog end-to-end from discovery through detailed requirements, delivery, enhancement, and optimization of the product and its modules
• Write clear, precise functional requirements for complex financial calculations and workflows
• Work directly and continuously with the ALM engineering team. This includes grooming the backlog, clarifying requirements, making feature-level trade-offs, and unblocking delivery
• Partner with engineering on architecture, data models, and calculation-engine trade-offs; bring the customer and business context, and let engineering own the implementation
• Keep delivery anchored to real customer workflows, and use your customer and user relationships to validate that what ships actually solves the problem
• Influence without authority across engineering, sales, customer success, professional services, and executive stakeholders
• Communicate the roadmap, priorities, and trade-offs clearly to very different audiences including engineers, executives, and sophisticated ALM practitioners
• Collaborate with product marketing and sales on positioning, enablement, and demand generation for Empyrean ALM
• Operate within a growing product organization as we scale a large, highly integrated solution suite
• Use product usage data and continuous user feedback to prioritize enhancements and drive adoption across a large installed base
• Identify opportunities to reduce complexity and continuously add value to the user base
• Balance new capability against technical debt, performance, and accuracy and integrity of the platform’s calculations

Requirements:

• 5+ years of product management experience in B2B SaaS or enterprise software
• A proven track record of shipping complex products that customers actually use and value
• Direct, hands-on customer discovery experience. You personally conduct research, not just review findings from others
• Demonstrated strength defining detailed functional requirements for complex, calculation- or data-heavy software
• Strong technical aptitude - comfortable discussing system architecture, data models, APIs, and integration patterns with engineering teams
• Experience working with enterprise buyers and navigating complex stakeholder environments
• A demonstrated ability to set roadmap strategy and make sound prioritization decisions under constraints
• Customer-centric mindset: You're energized by talking to ALM practitioners and digging into their workflows to find the real problems
• Problem decomposition: You dig past surface-level requests to the underlying problem, then structure solutions into manageable pieces that can be sequenced and delivered incrementally
• Requirements craftsmanship: You turn nuanced, messy financial workflows into clear, precise, testable requirements engineers can build from
• Hands-on executor: You do the work yourself — discovery, requirements, prioritization, backlog grooming — rather than delegating it
• Clear communicator: You can explain complex topics to different audiences without losing the thread
• Comfortable with ambiguity: You can drive forward without perfect information
• Strategic thinker: You articulate trade-offs, defend decisions with logic, and connect tactical work to business outcomes
• Learning mindset: You can discuss specific failures, what you learned, and how you've applied those lessons
• Experience with asset/liability management, interest rate risk, bank/credit union treasury or closely analogous experience in another highly regulated, quantitatively complex industry (for example, insurance, capital markets, or another financial-services risk domain)
• A grasp of financial accounting concepts (balance sheets, income statements, cashflows, yields, etc.)
• Familiarity with the Jobs-to-be-Done framework and other structured discovery methodologies
• A track record of optimizing and extending a mature, established product - not only 0→1 builds