As an Equities – EMEA Equity Derivatives Trading - Business Control Manager – Senior Associate, you’ll be responsible for leading and building out an enhanced control framework which supports a continuous and integrated approach to risk assessment. Additionally, you will ensure the team assists in top-down risk analysis, real time control issue detection, escalation, root cause analysis and remediation. You’ll be directly responsible for liaising with Desk Heads/Supervisors within Equity Derivatives Space across EMEA, and you will be expected to represent the Business which will include collaborating with various functions across 1LOD/2LOD/3LOD, namely Technology, Compliance, Conduct and Operational Risk (CCOR), Qualitative Research (QR), Market Risk, Operational Risk, Credit Risk, Operations, Audit, and Legal. The role covers a variety of products across multiple Equity Derivatives trading desks including Exotics, Convertibles, Flow Single Stock, Flow Index, Corporates Non-Linear, Warrants and Financing. The role based in London is part of a global team whose members are considered key partners of the business.
Job Responsibilities
- Serve as a trusted control advisor to the Front Office including prepping it for examinations and audits
- Liaise with other functions, representing the Front Office interest’s vis a vis control/regulatory initiatives
- Review incidents in a timely manner with key stakeholders to agree on root causes and delivery of appropriate control deep dives and remedial actions.
- Own and ensure delivery of strategic control initiatives.
- Provide oversight, review and execution of ad hoc/analytical requests/control deep dives/ business projects/ business resiliency.
- Review action plans from CORE ensuring material risks are properly mitigated and validate execution and closure.
- Facilitate the execution of various Supervisory controls, attestations and exception management
- Lead development, review and implementation of Policies and Procedures on Front Office Supervision
- Steer Local and Global agendas, working with regional Business Control partners
Required qualifications, capabilities, and skills
- An understanding of Equity products, as well as the OTC Derivative and Swaps Markets
- An understanding of the end to end product life cycle for Equity and Equity Derivative products
- Exceptional personality, able to work with senior business management, guiding and challenging as appropriate
- Good organizational skills - manages & prioritizes multiple tasks across different time horizons within deadlines
- A good understanding of controls and how to apply them to different processes and businesses
- Investigative mind-set, able to see issues at both a high-level and in detail, and understand applicability across the business
- Excellent analytical, problem solving & process re-engineering skills
- Good judgment, maturity and poise to enable interaction/influencing of senior management.
- Great organizational skills - manages and prioritizes multiple tasks across different time horizons within deadlines
- Previous experience in Controls, Business Management, Middle Office, Risk, Audit or a Compliance function would be beneficial