We are looking for a high-quality, experienced individual to join the global management team and help deliver on our key operational goals including providing senior leadership for the Derivative Services team in North America.
Job Responsibilities
Manage and lead a team of 10 people responsible for the affirmation and confirmation of BGI’s North American traded OTC derivatives.
Drive the continued growth and retention of a high-quality team capable of managing daily functions, supporting business growth, and implementing continual process improvements.
Drive the development of the processes, infrastructure, reporting and controls around key functional areas
Manage capacity and effectively manage risk.
Build strong relationships with the portfolio managers and traders across all product groups to support the team in resolving trade disputes and help proactively manage processes to support business growth.
Provide an authoritative source of business expertise on functional and process requirements and manage change agenda for key initiatives that have an impact across processes and people.
Work closely with European Derivatives Operations group in London to drive the build-out of globally consistent processes and set standards and guidelines across the global team.
Proactively own counterparty relationships, developing a framework for oversight and performance review, and act as point of internal and external escalation and issue resolution where required.
Help lead BGI strategy and participation on key market initiatives including SwapsWire (MarkitWire), DTCC and T-Zero.
Represent the group while working with the wider operations team and technology areas to ensure the development of a world-class, scaleable operating platform for OTC derivatives (including Calypso roll-out).
Own all aspects of people management including recruitment, succession planning, career development, training, and performance appraisal process.
Provide leadership on other projects and areas across the Global Cash and Derivative Operations team as appropriate
Qualifications
Experience Required-
Proven operational leadership experience in a derivatives role in investment banking or asset manager.
Hands-on derivatives leadership experience including exposure to fast-paced change and business growth.
Thorough understanding of derivatives and the end-to-end transaction lifecycle.
Proven record of building strong teams and developing/coaching high quality individuals.
Proven ability to build strong control framework and efficient, scalable processes.
Track record of successful delivery and experience building strong partnerships with internal and external groups.
Experience working as part of a global business or functional area, and across a range of asset classes preferable.
Experience managing change initiatives and process re-engineering.
Knowledge of UK and US legal and regulatory issues relating to derivatives.
Knowledge of market utilities including SwapsWire, DTCC and T-Zero, as well as front-to-back platforms such as Calypso a plus.
Skills Required -
Confident leader and people manager capable of setting vision and direction for team.
Strong control awareness and risk management.
Ability to effectively prioritise across a range of issues and with multiple clients – strong relationship skills
Able to identify and recruit high calibre individuals and develop/retain talent and lead / motivate a team through times of change
Strong project management skills – attention to detail and proficiency at managing project deliverables.
Ability to design and implement innovative solutions as well as provide strategic vision
Excellent verbal and written communication capabilities – ability to interact with all levels, including business heads and the firm’s global executive committee.
Strong team player with excellent interpersonal skills
A
trade automation, connectivity and compliance solution, the SunGard
Transaction Network (STN) links institutions throughout the financial
services community to facilitate end-to-end transaction processing.
With
more than 4,500 client firms in 60 countries managing more than $12
trillion, Advent has established itself as a leading provider of
mission-critical applications for investment management operations of
all sizes and strategies.
QUMAS
is a global compliance software company offering a complete Enterprise
Governance, Risk and Compliance solution with over 250 customer
deployments.
Belzberg
Technologies has been at the forefront of the electronic trading
evolution from the very beginning, and continues to provide world-class
service, execution and technology to the securities industry.