Derivatives Middle Office - Macro VP

Overview

Join us as a Derivatives Middle Office Senior Manager. In this role, you will be responsible for trade lifecycle and process controls, leading process re-engineering initiatives to align with Global Markets Operations objectives. You should have a strong understanding of risk management, reconciliation/control design and process optimization. A focus on continuous improvement, data validation and efficient control management is essential for success in this role.

Additionally, strong communication skills and the ability to build relationships with stakeholders at all levels is crucial.

To be successful as a Derivatives Middle Office Senior Manager, you should have experience with:

• Strong technical background in Rates, Macro, Foreign Exchange (FX) Derivatives and Commodities.
• Solid risk and control mindset with understanding of control/reconciliation design.
• Attention to detail with a proactive check and challenge approach.
• Strong understanding of Markets Trade Capture Systems in Rates, Macro, FX Derivatives and Commodities.

Some other highly valued skills may include:

• Ability to build and maintain strong relationships with key stakeholders.
• Strong communication skills, especially with senior audiences in control forums.
• Experience in automation, change management, and process optimisation.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is based in London.

To support business areas with day-to-day processing, reviewing, reporting, trading and issue resolution.

• Support various business areas with day-to-day initiatives including processing, reviewing, reporting, trading, and issue resolution.
• Collaboration with teams across the bank to align and integrate operational processes.
• Identification of areas for improvement and providing recommendations in operational processes.
• Development and implementation of operational procedures and controls to mitigate risks and maintain operational efficiency.
• Development of reports and presentations on operational performance and communicate findings to internal senior stakeholders.
• Identification of industry trends and developments to implement best practice in banking operations.
• Participation in projects and initiatives to improve operational efficiency and effectiveness.

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures.
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions.
• Advise key stakeholders, including functional leadership teams and senior…