Director - Derivatives Middle Office

Key Requirements

• Own and enhance the end-to-end control framework, embedding consistent, scalable controls across validation, reconciliations, and exception management
• Lead transformation delivery (CTB), driving automation, control standardisation, and data quality uplift to eliminate manual risk
• Act as senior risk owner, proactively identifying systemic control gaps and ensuring regulatory compliance and audit readiness
• Redesign operating models to simplify processes, improve resiliency, and align to future-state architecture
• Lead global teams to execute a control-first culture, with clear accountability for risk, delivery, and outcomes

• Deep expertise in Markets Middle Office controls (trade validation, trade lifecycle, reconciliations, exception management)
• Proven track record delivering large-scale transformation (automation, data, control frameworks)
• Strong risk and control leadership, including regulatory engagement and audit delivery
• Experience identifying and remediating systemic control weaknesses at scale
• Senior leadership capability across global teams and complex stakeholder environments

• Deep, hands‑on experience within Derivatives Middle Office, with strong understanding of OTC and listed derivatives across trade lifecycle controls
• Proven experience operating within market infrastructure and vendor platforms, including LCH, Markit Wire, and related post‑trade ecosystems
• Strong knowledge of clearing, margining, and collateral workflows, with exposure to CCP environments and regulatory obligations
• Experience delivering control and transformation outcomes within complex Markets environments, including alignment to Front Office and clearing brokers
• Demonstrated ability to operate across global delivery models, driving consistency and control standards across regions

Lead the control and transformation agenda for Macro Middle Office, with accountability for end-to-end trade lifecycle management, ensuring trade integrity, control effectiveness, and regulatory compliance. Operate in close alignment with the Global Front Office, maintaining strong proximity to trading activity and acting as a strategic partner to the business. Leverage deep relationships and networks to influence decision-making, balance commercial priorities with control outcomes, and embed scalable solutions.

Drive automation, data governance, and operating model redesign to reduce structural risk and enable a resilient, future-state control environment.

• Identification of trends and opportunities to improve areas and develop new process and procedures through the monitoring and analysis of operation data and performance metrics.
• Management of operations for a business area and promote efficient processes, risk management and compliance initiatives to support the bank's operations.
• Collaboration with internal stakeholders (including business leaders, project manager and SMEs) and external stakeholders (including vendors and service providers) to support business operations and promote alignment with the bank's objectives and SLAs.
• Management of operational professionals and provide guidance, coaching and support to improve colleagues' delivery quality.
• Management and development of KPIs to measure the effectiveness of operation functions, utilising data and technology to support the identification of areas that require improvement.
• Compliance with all regulatory requirements and internal policies related to customer experience.
• Creation of a safe environment for colleagues to speak up, actively and regularly encourage and solicit feedback to ensure people agenda remains focused on the right areas.
• Management of attrition by working closely with HR in implementing retention initiatives for workforce.