We are seeking a highly experienced and driven individual to join our organisation as a
Director – Equity Derivatives Middle Office Lead, based in London. This is a senior leadership role responsible for overseeing and enhancing the operational support for our Equity Derivatives business, with a strong focus on SBL (Securities Borrowing & Lending), Prime Brokerage, and Collateral Management.
This role will involve managing key relationships across front office trading, risk, technology, and external vendors, ensuring timely and accurate trade support and life-cycle management of complex derivative transactions. The ideal candidate will have a deep understanding of the equity derivatives landscape and extensive experience with platforms such as Pirum or Equilend.
Key Responsibilities: - Lead the Equity Derivatives Middle Office team, with responsibility for daily trade support, reconciliations, and exception management.
- Oversee and enhance operational controls and infrastructure across the trade lifecycle for equity derivative products.
- Act as the senior point of escalation for complex trade issues, breaks, and risk exposures.
- Manage critical processes related to Securities Borrowing & Lending (SBL), Prime Brokerage operations, and Collateral Management.
- Collaborate closely with the Front Office, Risk, Compliance, Finance, and Technology to ensure efficient and risk-mitigated processing.
- Drive process automation and system enhancement initiatives in partnership with internal stakeholders and external vendors.
- Build and maintain strong vendor relationships, including the effective use of Pirum, Equilend, and related platforms.
- Lead regulatory reporting initiatives and ensure compliance with relevant industry regulations (e.g. SFTR, EMIR).
- Coach and mentor junior team members, fostering a high-performance, risk-aware culture.
Key Qualifications and Experience: - Minimum 10 years of experience in a middle office or operations role within equity derivatives or related markets.
- Proven leadership experience managing teams in a high-pressure financial services environment.
- Strong knowledge of Securities Lending, Prime Brokerage, and Collateral Management processes.
- In-depth understanding of equity derivative products, trade lifecycle events, and associated risks.
- Experience using Pirum, Equilend, or similar platforms is highly desirable.
- Familiarity with regulatory obligations impacting derivatives operations.
- Excellent stakeholder management skills, with the ability to influence across business and technology teams.
- Strong problem-solving skills and a proactive, delivery-focused mindset.
- Bachelor's degree in Finance, Business, or related discipline; professional certifications (e.g., CFA, FRM) are a plus.
For more information contact cameron.howard@trevosepartners.com