Job Summary

Assist with the directing, managing and execution of post trade services in support of Markets and Treasury trading; ensuring that services are executed in accordance with the applicable policies, procedures and broader governance and control framework. Trading supported may include trading of Fixed Income, Currencies, Commodities (FICC) and/or Equities products both in principal and/or in an agency capacity, where approved for trading by the Markets/Treasury businesses.

Key responsibilities include:
- supervising specialist personnel in a highly regulated area of the business;
- ensuring accurate, timely and complete post trade service execution excellence; and
- driving delivery of key strategic initiatives.

Markets and Treasury are global businesses so the job holder will have both In-Country and Regional accountabilities.

Job Description

Accountability: Accurate, timely and complete pre and post trade service execution excellence (70%)

Provide oversight and guidance to ensure accurate, timely and complete post trade service execution and related pre trade service activities. Relevant pre and post trade service activities include:
External account management (cash and custody)
New and amended product approval
Client and account setup and maintenance
Client reference data setup and maintenance
Transactional and life-cycle event affirmation, confirmation and settlement
Fee and tax operations
Client asset servicing
Secure custody of source document and securities/collateral
Cash, securities/stock and other reconciliations
Related third party payments
Daily Reconciliation of Treasury and Markets product with Product Systems Vs BRIANS GL
Develop and implement snap checks, CPA and Risk assessment in Treasury and Markets PTS
Make sure all the Maker and \checker process in the Respective area is practiced and is in tight control.
Actively participate in execution of trade service activities as a Subject Matter Expert and / or in a supervisory capacity;
Ensure teams under management are aware of their responsibilities and are appropriately trained;
Take accountability for all operational losses, cooperate in root cause analysis and implement resulting actions;
Ensure mechanisms are in place to continuously monitor automated processes with well-defined issue escalation and resolution protocols;
Initiate and oversee system enhancements as applicable to the business ensuring that specifications, pre-implementation testing and sign off are completed in order to ensure that business and client servicing is not impacted;
Initiate and oversee further control and process re-engineering initiates which enable business, improve efficiency and allow for increased trade volume and complexity; and
Provide leadership and guidance to teams under management.

Accountability: Together with regional office and risk teams implement and monitor adherence to governance and control framework (15%)

Provide input to, challenge and pre-approval of New Product Approvals prior approval by regional management;
Ensure all processes are documented/updated and ensure controls have been updated to reflect any new controls introduced as a result of process/procedure change;
Carry out regular control self-assessments in collaboration with regional office and risk teams to ensure that controls are designed and operating effectively in line with IB Operations Control Standard requirements;
Ensure key external risks /threats / changes which may have an impact on business and have been effectively identified and communicated /escalated to all relevant stakeholders and mitigating controls/process put in place (keep abreast of local and international market developments/sanctions etc.);
Work with risk functions to prepare for Internal and External Audits, know issues have been raised with action plans and all observations are remediated within agreed timelines; and
Ensure compliance to policies, legislation, & regulations & that team complete all mandatory training & attestations in timely manner.

Accountability: Ensure that all internal and external business and regulatory reporting is accurate, complete and performed in a timely manner (15%)

Prepare and review all internal and external regulatory reporting as required by the market/business in a manner that ensures that the business is not subject to regulatory fines;
Ensure that business indicators (including risk, control, operational, performance, client metrics) and risk events are appropriately captured and reported on according with established risk appetites, business and regional requirements;
Ensure that threshold breaches are escalated, implementing strategic controls and process where required in order to mitigate risk; and
Actively participate in regional and business operational committees and infrastructure risk review forums.

Education

Higher Diplomas: Business, Commerce and Management Studies (Required)

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