Sr Mgr - Equity Derivatives Ops - Inv Bank

A Leading US based investment bank is looking for candidates with 10+ years of experience in equity derivative operations.

The team will be dedicated to providing support to the Equity Derivatives Business Units, Financial Control Group (FCG) & Derivative Client Processing (DCP) Groups.

The group is structured to focus on independent Control and Risk functions and each team member is assigned responsibility for a varied set of functions. The group will grow in size over time as more functions are migrated giving scope for future exposure to new processes, products and career progression.

The new team will have reporting lines to the Global Head of Equity Derivatives Operations as well as regional reporting lines to the regional functional risk and process owners.

Management

- Involvement in establishment of new team on receiving side, ensuring on-boarding of processes occurs in a controlled manner and transition expectations are met.

- Provide daily oversight and support for team members in order to help them achieve their daily goals and requirements.

- Resolve any daily resourcing issues that may arise.

Control

- Build and maintain a strong control & risk management environment. Ensure all risks, issues and control gaps are escalated appropriately as per daily procedures ensuring accountability is maintained until resolution.

Commercial

- Ensure best practice is implemented as part of the Team’s daily processing requirement.

- Help implement the department strategy working alongside the local and global teams and Senior Management.

- Manage primary relationships in other regions and resolve any issues that may arise.

People

- Conduct regular 1 to 1’s with staff to address the areas of career development, training, performance and business processing.

Scope and Purpose of the Team’s Role:

The primarily function within the team is the completion of daily tasks, including (but not limited to):

- Reconciliation of Trader’s Risk products and positions to Firm books and records and investigation and resolution of breaks.

- Monitoring of specific system error queues, which require investigation and resolution to ensure the trade flows downstream.

- Reconciliation of Swap Vs Hedge positions.

- Reconciliation of internal interest rate swaps.

- Processing upcoming swaps maturities.

- Investigation and resolution of realised cash flow breaks.

- Production and distribution of swap reporting highlighting specific exceptions that require specific actions to resolve.

The role involves liaising with the regional Equity Derivative Middle Office Teams & Management, the Finance Control Group, IT and other operational support areas to ensure that controls are maintained and breaks are understood and resolved in a timely manner.

Interested candidates can send in their resumes on nexusconsultants06@gmail.com