Credit Derivatives Trade Support – VP

Location: New York
Rate: Competitive
Job Type: Permanent, Full time

Job description:

Our client is a leading global investment bank with operations across a multitude of sectors and business lines. They currently require an experienced Middle Office candidate to lead the US credit derivatives trade support team based in New York. This is a great opportunity to take on a highly visible role within a leading institution running and overseeing a growing business.

Key responsibilities:

  • Day to day management of risk, ensuring his group adheres to a strong discipline of immediate issue identification, resolution and escalation.
  • Proactive management of market-driven operational risk such as Credit Events & Succession Events
  • Proactive management and partnership with other process-aligned operational functions, such as drafting, confirmation and settlement teams.
  • ·Work in partnership with a dedicated change the bank team on a range of initiatives including:

o   Improve the STP of the clearing workflow to create capacity in the team;

o   On-going UMR roll-out;

o   Enhancement of front end, electronic execution controls

  • Build and maintain a strong partnership with business leads – COO, Trading and Sales organizations, as well as Legal & Compliance

Required Skills & Qualifications:

  • Excellent knowledge of credit products is required in order to provide the right level of support to the business as well as leadership to the team
  • A proven background leading a trade support function both onshore and offshore
  • Familiarity with the regulatory environment
  • A mentality geared towards ensuring the highest level of risk management is implemented at all times
  • Strong technical skills as well as some experience taking a leadership role in major change initiative

To apply please email your CV to the following consultant:  

Barry White
646 759 3635