Information:

This job has been filled.

Job Vacancy Details

Operations Risk & Control Team Manager

Investment Bank

London

Permanent ⁄ £40000 - £80000

Updated September 16, 2008

The risk management team is part of the London Asset Servicing team, which is part of the Securities Operations. The team has colleagues performing a similar role in NY and Hong Kong, it performs a number of functions on behalf of the Global Asset Servicing team and supports both Equity and fixed income products.

The position is for a person to manage the team on a day to day basis reporting to the SVP who has global responsibility for the function and is a direct report of the head of the London Asset Servicing team. The team support the other Global Asset Servicing functional teams and also regularly interact with other Operations teams, controllers, Global Control, Compliance, Legal, internal/external auditors, Asset Servicing/ Cross divisional project managers and Asset Servicing IT.

The team sits in a central position in terms of the departments/clients it supports and interacts with, which provides the candidate with a good opportunity to experience a cross section of products and processes enabling a wide variety in the day to day tasks and helps their personal development.
Responsibilities
The main responsibilities of the team can be broken into 3 areas
1.1.Risk reporting - production of various risk reports to senior managers and the escalation of risk items
1.2.Risk management - the monitoring of various reports and accounts
1.3.Regulatory reporting - ensuring the global Asset Servicing team fulfil their regulatory requirements. The role of the manager will entail the daily oversight of the tasks performed by the team, the identification of ways to improve the efficiency of the team and the management and development of the team members.

The person will interface with all members of the Asset Servicing team including the senior managers and in addition certain controllers and managers of other processing teams. After the initial 6 months the candidate will be expected to understand the majority of core tasks performed by the Risk Management Team and have a good understanding of the processes performed by the other Asset Servicing teams.

Who we're looking for

- Excellent understanding of Excel, VBA.
- A good understanding of Equity and Fixed Income Trading flows/products and Asset Servicing processing knowledge would be useful
- Ability to interact with staff at all levels, a good communicator who can develop/sustain good working relationships with the teams we support/interact with.
- An understanding of Sarbanes Oxley and the FSA client money rules would be preferred
- Change management - The ability to identify where process improvements can be made to improve efficiency and add control
- Experience of the Bookings Reconciliation Process and the Corporate Actions Notifications Process.

About our client
Leading Investment Bank

What's on offer
Very competitive package

Michael Page Contact
For further info, apply or phone on 020 7645 1423. Job Ref: 13006198
Your application will be sent to Andrew Gibson.