Team/Position Overview
- Collateral Optimization Operations in Markets Operations is a growing team established to deliver best-in-class capabilities in collateral management, inventory management, risk management and collateral efficiency. The team will support global Markets businesses working across products, regions and divisions, with a broad range of stakeholders. The objective of the team is to deliver efficient, controlled and scalable collateral optimization, supporting cost reduction and capacity growth. The successful Vice President candidate will execute daily optimization activities and processes in addition to driving the delivery of new efficiency and risk management initiatives. They will work in close partnership with the Collateral, Funding and Liquidity Desks and other key stakeholders across Operations, Technology, Markets, Finance, Legal, Risk & Treasury.
Transformation:
- The Collateral Optimization Program for Markets is undergoing a multi-year investment initiative with a clear transformation objective. The successful candidate will play a pivotal role driving collaboration across groups, developing, and reviewing requirements, developing a target operating model, designing robust processes, and implementing new platforms.
Key Responsibilities:
- Development of new function: Ensure processes are well designed and implemented, with sound governance, procedures, workflows, and controls. Work with partners and leadership to develop new operating model.
- Manage and execute daily optimization processes: Ensuring tasks are performed, risks are transparent, controlled, and mitigated.
- Drive key transformation initiatives: Lead & deliver key capability enhancements driving risk reduction, cost reduction, client service & revenue opportunities.
- Key Operations point of contact: Operate as expert and facilitator for businesses engaging in collateral, funding and liquidity activities across entities and regions. Acting as a collaborator across divisions.
- Robust Control Environment: Identify trends, synergies and weaknesses across products, regions and teams. Recommending and implementing control enhancements. Drive best practices and strong risk governance.
- People & Culture Agenda: Champion diversity and inclusion, supporting a work environment that allows our People to thrive and excel.
- Promote a culture of continuous improvement, cultivating a robust service and control environment.
- Coaching and Mentoring: Develop our talent, support their growth.
Skills & Qualifications
- BA/BS degree preferred.
- Prior experience in the following: Collateral and Margin Management, Equities or Fixed Income Trade Management, Futures and Clearing Operations, Funding, Liquidity & Inventory Management, Securities
- Settlements with a strong appreciation of products, practices, risks, and regulations. Preferably at large financial services firm.
- Demonstrates sound judgement, with a strong risk management and a control mindset.
- Evidence of operating and delivering in large successful change programs in fast paced, large global financial services firms.
- Innovative, energetic, collaborative, proactive and influential; a leader who can positively and productively provide a positive impact through both strategic and tactical delivery. Results orientated.
- Strong communicator who is both articulate and concise. Demonstrates success interacting with senior leaders across revenue and non-revenue functions. Able communicate in precise technical detail when required.
- Experience in financial planning processes, including budgeting and forecasting.
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Job Family Group:
Operations - Transaction Services
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Job Family:
Securities and Derivatives Processing
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Time Type:
Full time
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Most Relevant Skills
Please see the requirements listed above.
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Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
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