Senior Operations Risk Manager - Ireland, United Kingdom - Morgan McKinley

Morgan McKinley
Morgan McKinley
Verified Company
Ireland, United Kingdom

3 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

Job Background/context:


This role is within the Client Asset Regulatory Control team as part of the Belfast Operations Control department, with key responsibilities for Client Asset including but not limited Client Money calculation and oversight, CMAR / MCAR collation and submissionto the FCA/ CBI, PS14/9 activities covering Prudent Segregation, Break Management and Shortfalls.

The team is continuously engaged with Change Partners identifying areas for automation, inputting into Business Requirements performing UAT and updating proceduresresulting from change.


The team is working on building upon the existing Client Asset governance process within O&T working closely with O&T managers and Client Asset & Depositor Protection Oversight Office.


Key Responsibilities:


  • Management of the Oversight of the Client Asset functions performed by ORC, escalating issues to management where appropriate, challenging issues and understanding root cause analysis and resolution
  • Identification of areas for improving existing processes and controls, developing and enhancing Client Asset knowledge within ORC
  • Engagement in key business initiatives, liaising with Change Management Team in providing Business Requirements to enable testing of required change and confirming impact to team's processes.
  • Work with Change Management Team to continually challenge and improve reporting process, articulating key risks inherent in current practice.
  • Strengthen and develop the Client Asset ORC team supporting the team in becoming SME's in the Client Asset field
  • Represent ORC at business control forums providing appropriate challenge as it relates to Client Asset
  • Work closely with O&T businesses and act as a central point of contact for Client Asset related matters
  • Assist with the build out of a Client Asset governance structure for O&T
  • Engage with internal and external auditors on Client Asset matters
  • Partner with O&T, CA&DPO and Compliance implementing changes required as a result of internal or external audit reviews
  • First level review of Managers Control Assessment for Client Asset.

Development Value:


  • Increase regulatory, product and business knowledge through exposure to many areas of Capital Markets & Banking.
  • Develop an understanding of the bank at a more strategic level.
  • Opportunity to build effective working relationship with Operations, Internal Audit, CAOO, Compliance and several Business lines including Exchange Traded Derivatives, Prime Brokerage, Asset Servicing Security Settlements, Custody and Issuer, Treasury TradeServices, Private Bank, Operations Control.

Knowledge/Experience:


  • Management experience essential
  • Strong Client Asset background covering all elements of Client Asset.
  • Ability to build productive working relationship across Operations, Business, CA&DPO, Compliance and Audit (internal and external)
  • Ability to interpret issues raised by individual entities and promptly and succinctly summarise the key issues to management and other stakeholders
  • Proven experience developing creative solutions to problems
  • Ability to consistently deliver work of a high standard whilst under pressure.
  • Team player who works well with colleagues of all levels in achieving value added results
  • Strong people management skills

Skills:


  • Proven effective manager
  • Selfstarter, able to work on initiative and organise themselves well
  • Proactive, likely to instigate change
  • Confident team player good interpersonal skills
  • Able to build effective working relationships quickly and maintain them
  • Focused on providing a high standard of service to clients
  • Good attention to detail
  • Excellent written and oral communication skills.
  • Resilient and tenacious
  • Good working knowledge of Excel, Word and PowerPoint.

Competencies:


  • Confident with strong interpersonal and verbal/written communication skills
  • Strong influencing and negotiation skills
  • Ability to build and maintain effective networks and relationships
  • Service orientation, professionalism, proactive and strong client/business focus, and accountability.
  • Accuracy and attention to detail imperative
  • Strong analytical skills with the confidence to raise issues
  • Good organisational skills
  • Ability to prioritise and manage a dynamic work environment

Qualifications:


  • Previous strong Client Asset experience
  • Full understanding of the FCA Client Asset Handbook
  • Proven experience in Operations, or in a Control function
Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.
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