Head Of Derivative And Collateral Operations

Profile

Head of Derivative and Collateral Operations
The candidate will provide leadership to their related teams to improve processes, implement controls, manage budgets, and roll out new trade support needs. Implement operational policies and procedures to ensure compliance with internal compliance requirements. Managerial oversight of Derivative Operations, including settlements and confirmations, as well as daily processing of collateral management for both derivative and fixed income products, and CFTC & DTCC regulatory trade reporting reconciliations. Maintain strong and open partnerships with LOB and respective internal partners. Seek technology innovation to drive STP, including embracing RPA and Machine-learning capabilities. Stay abreast of regulatory reporting items related to the swap dealer and security based swap dealer, maintains up-to-date knowledge on all the firm policies, procedures and regulations. Talent related activities including recruitment, retention, career development, and performance management within established policies and guidelines. Bachelor’s degree in Business, Accounting or related field is required. MBA, CFA or JD is preferred. Should have 10+ year’s financial services operations management (middle office and/or back office), with 5+years of Capital Markets experience and management experience (individual contributors and managers). Proven experience in working in a Front Office trading environment, supporting both Traders and Marketers is required. Should preferably have 15+ years of work experience in financial services or related field. FINRA license S99, S7 is preferred. Systems Knowledge is Calypso, Imagine, Wall Street Systems, Bloomberg, Reuters, and ECNs is preferred. Knowledge of Dodd Frank UMR rules, DTCC (and SDR), MarkitWire, TriOptima are essential. In-depth transactional product knowledge, specifically, interest rate, fx, equity derivatives, TRS, TBAs, REPO, CDS, CDX and Commodity Derivatives is required. Functional knowledge of ISDA/CSAs, MSFTAs, MRAs, and FCM agreement mechanics is required.

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