Vice President, Confirmations
About The Position
The Vice President of Confirmations will be a senior member of the Capital Markets Derivative Operations team, supporting daily confirmations processes for Capital Markets derivative trading business as well as provide support for the derivative business conducted by group companies in New York, London, and Hong Kong. This role will closely partner with Front Office, Back Office, and IT to deliver on business objectives. The Derivative Operations group handles operations for Capital Markets and is comprised of 4 key functions: Sales Middle Office, Confirmations, Settlements, and Margin. The Confirmations team actively manages trade-documentation processes while actively monitoring daily risks. The function is focused on remaining current with industry standards and regulations. The team continues to evolve in its risk-mitigation framework and technology agenda. This is a primarily remote position, with occasional requirements to work from the office.
Requirements
- 7+ years of experience in financial services
- 5+ years of proven supervisory experience
- 3+ years of experience working in Confirmations/Documentation capacity
- BA/BS required
- Proficiency in Microsoft Office (Word, Excel, PowerPoint, etc.)
Nice To Haves
- Degree in Finance, Accounting or related discipline is preferred
- Project-management experience is preferred but not required
Responsibilities
- Lead a team of Confirmations professionals in ensuring timely dispatching of confirmations and execution with counterparts
- Identify and escalate breaks as needed
- Understand and ensure compliance with relevant regulatory requirements
- Proficiency using various industry-standard platforms as well as proprietary systems
- Identify opportunities for process improvements and implement changes to enhance efficiency and accuracy
- Actively contribute to and test projects related to system enhancements and new industry initiatives and products
- Maintain accurate documentation for all group-owned controls and processes
- Act as a liaison for senior management on confirmation-related issues
- Develop and cross-train team members to effectively manage daily operations, provide coverage, and participate in relevant initiatives and projects
- Manage the direction and productivity of the team by establishing clear goals and objectives, setting priorities, and providing guidelines and recommendations for approach to ensure team success. Establish benchmarks and performance milestones for measuring tangible results
Benefits
- Competitive portfolio of benefits
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What This Job Offers
Job Type
Full-time
Career Level
Manager
