Director, Product Development (North America)

Director, Product Development (North America)

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About KOR

KOR is a young, 50ish company growing with leading‑edge cloud technology built by industry domain experts and world‑class in‑house engineering. The company is on a mission to innovate B2B trade servicing, starting with regulatory reporting for OTC derivatives transactions. It seeks to solve data utility, quality and processing inefficiencies, unlocking value for clients. Teamwork and laser focus are central to everything at KOR. Small, independent teams with deep expertise achieve better results. Their mantra: work humble, work smart, and work together.

About The Role

We are seeking a seasoned and strategic leader to join our team as a Director, Product Development . This senior role owns and directs the firm’s response to the evolving global derivatives regulatory landscape for specific product lines (e.g., Rates, Credit, FX, or Equity Derivatives). The senior leader serves as subject‑matter expert, providing strategic guidance to senior business and control function leaders, and is accountable for the end‑to‑end process of identifying, analyzing, and overseeing the implementation of regulatory features to meet client needs.

Key Responsibilities

• Product Line Ownership: Serve as the ultimate owner and senior subject‑matter expert for regulatory intelligence and change management for a designated set of services. Primary point of contact for business heads and senior leadership on all regulatory matters impacting the services and features.
• Strategic Leadership & Advisory: Lead strategic monitoring and interpretation of the global derivatives regulatory landscape, focusing on key regulators such as the CFTC, SEC, ESMA (EMIR), UK FCA (MiFID II), Canadian regulators, ASIC, and MAS.
• Program Oversight: Own and govern the end‑to‑end software development lifecycle for the product area. Oversee detailed impact assessments of evolving regulatory changes and propose new features for handling existing regulations.
• Senior Stakeholder Management: Drive engagement with senior leaders across Technology, Operations, Legal, and Compliance. Influence decision‑making at the Managing Director and C‑suite level to ensure product features and regulatory requirements are prioritized and appropriately resourced.
• Technology & Business Solutions: Lead translation of complex regulatory text into clear, actionable business and functional requirements. Partner with Technology leadership to define the strategic roadmap for regulatory platforms and oversee approval of technical solutions developed by engineering teams.
• Governance and Reporting: Establish and maintain a robust governance framework for regulatory change within the product area. Develop and present executive‑level reporting on the regulatory pipeline, program status, and key risks to senior management and governance committees.
• Team Leadership and Mentorship: Provide guidance, mentorship, and development to junior members of the product development team, fostering a culture of excellence and deep subject‑matter expertise.

Experience And Attributes

• A Bachelor’s degree in Finance, Economics, Law, Business, or a related field. An advanced degree (MBA, JD) is highly preferred.
• Minimum of 10+ years of experience in the financial services industry, with significant experience at a large sell‑side investment bank.
• Deep subject‑matter expertise in major global derivatives regulations (e.g., Dodd‑Frank, EMIR, MiFID II/MiFIR, and rules from Canadian, Australian, and Singaporean regulators).
• Proven track record of leading large‑scale, cross‑functional regulatory change or compliance programs.
• Demonstrated experience in gathering and writing business requirements and overseeing technology implementation programs in a financial services context.
• Exceptional analytical and problem‑solving skills; proficiency in leveraging data analysis tools to inform strategic decisions.
• Strong understanding of relational databases and the ability to use SQL for complex data investigation and validation.
• Outstanding communication and presentation skills; proven experience influencing and advising senior business leaders.

Plus to have

• Direct experience managing programs and workflows using modern platforms such as Airtable, Databricks, and Jira.
• Experience presenting to or interacting with financial regulators and industry working groups.
• A strong understanding of derivatives products, trade lifecycles, and the underlying technology infrastructure.
• Proven ability to lead and mentor teams in a fast‑paced, matrixed organization.

What we have to offer

• Culture of trust, empowerment, and constructive feedback.
• Competitive salary, great hardware and tools, and benefits (employees only).
• Flexible working times.
• Fully remote.
• A span of control that matches your ambitions and skills.
• Tell us what else is important to you.

For candidates located in the United States, the base salary range for this role is $145,000 – $210,000 USD per year, depending on experience, skills, and location. The company is committed to fair and transparent pay practices that reflect the value you bring. In addition to salary, we offer a comprehensive benefits package including health coverage, flexible paid time off, and other remote‑work perks that support your well‑being and work‑life balance.

We commit to a genuine balanced relationship. We will listen, take your needs seriously, and help you grow professionally.

If you're a person who wants the chance to grow, join a company that will value what you do and help you to achieve your goals.

Seniority level

Not Applicable

Employment type

Full‑time

Job function

Finance