Derivative Operations Control Manager - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

We are currently looking to recruit a Derivative Operations Control Manager to join the team on a 12 month fixed term contract.

The purpose of the role is to support the Derivatives Operations function (consisting of Collateral Management, Derivative TradeSupport and Private Credit Support) in ensuring that the operational risk framework is robust and improvements and enhancements are made where possible.

You will review existing controls and processes for any gaps, weaknesses as well as ensuring any changes or initiatives can be appropriately supported within each of the teams.

Using extensive technical Derivative knowledge the role will challenge the currentways of working.

What you'll be doing

Managing key open operational risks across the department and ensuring a robust framework is in place with remediation plans in place where applicable. Capturing incidents within LGIM's operational risk platform and ensuring open actions and risks aretracked.
Working closely with IT to identify ongoing trends within production incidents and establish root causes with robust and complete remediation steps to prevent reoccurrences
Defining and ensuring standardised framework is in place for implementation of new business across each of the teams with key milestones and control check points prior to taking ownership of new processes.

Ensuring standardised user acceptance testingapproach is in place.

Managing existing KRIs/KPIs with proactive ongoing review to expand and enhance scope
Ensuring standardised risk packs and relevant forums are in place across all teams engaging with both internal and external stakeholders where appropriate
Ensuring that a 'lessons learnt' approach is undertaken on an ongoing basis with the aim of continual improvement and proposing/implementing changes across the team as a result
Working in an agile environment and continuously review the business needs, making decisions, refine priorities, outline milestone and deliverables, and identify opportunities and risks.

What we're looking for

Deep and broad knowledge of Derivatives, Collateral and ideally Private Credit (Real Assets) encompassing regulatory knowledge and requirements
Demonstrate a good understanding of the Asset Management Industry, technologies and regulation
Extremely strong and proven understanding of risk management
Ability to understand complex and manual workflows whilst identifying process improvements and identifying risk
Experience of challenging mindset and approach within team to look at different ways of working and use of different technologies
Proven experience of being proactive selfstarter with excellent project management skills and ability to manage multiple tasks effectively.