VP, Operational Risk (Trading Execution)

Date
06/13/2018
Location
Greenwich, CT
Compensation
N/A

Job Function:

Our client; A global investment firm, is seeking an addition to their Operational Risk team. As part of the overall Operational Risk team, the successful candidate will be the lead OR liaison with the Trading & Execution business.

 

You will:

* Support the implementation of the ORMF in the Trading & Execution business including:
o Completion of the RCSA including risk identification and assessment, control evaluation and action planning
o Identification of relevant operating metrics to track as either control or risk indicators
o Reporting and analysis of operational risk events
o Map processes at a granular level of detail to show component activities, dependencies, up and down stream process flows/impacts and overlay controls

* Build operational risk and control profiles on a desk by desk basis covering all asset classes
* Partner with the Technology teams to identify and assess all Technology related operational risks relevant to order capture, management and execution
* Support scenario analysis as it relates to the Trading & Execution business
* Feed all OR related data in to the central Operational Risk tool ensuring accuracy, timeliness and completeness
* Participate on all projects and change initiatives impacting the Trading & Execution business; advise on appropriate risk management through application of appropriate controls
* Convene risk and control related meetings to review all OR reporting on a periodic basis, no less frequently than monthly
* Input on control enhancements as appropriate
* Develop a close working relationship with the Trading teams and Business Management team in Trading and Execution
* Position OR as a trusted advisor and partner to the Trading and Execution business without compromising the independence of the Risk function

 



Requirements:

* 10+ years of operational risk and control experience in a markets environment within a financial services firm - including 4+ years of experience working in an Operational Risk organization having daily involvement with the Markets Trading & Execution business

 

* Advanced Degree in Math, Statistics, Economics, Econometrics, or Finance

 

* Deep experience working with trading businesses, knowledge of end to end trading processes and standard technologies (OMS's, EMS's, algo suites, etc.)

 

* Experience working with all primary asset classes (equities, rates, credit, FX and commodities) and the nuances involved in the trading processes and controls

 

* Strong working knowledge of ORMFs and their practical application, including process analysis and reengineering

 

* Demonstrable risk and control mindset - professional critique of assessed risks and controls with a view to constructively reviewing and challenging

 

* Excellence in interpersonal relationship building and management, communications and presentation

Contact Details:

Kristjano Dardha

kdardha@madisondavis.com

914-595-5754