Director, Head of Credit Operations recruitment

Company overview

Markit is a leading, global financial information services company with over 2,300 employees.  The company provides independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency.  Its client base includes the most significant institutional participants in the financial marketplace. 

Department

Global Product Services – Contributed Pricing Services

Department overview

The global team supports Markit’s core data products, including the Markit CDS pricing service, Markit Loans Pricing service, and Structured Finance Pricing services. The team also manages the Markit CDX and Markit iTraxx family of indices, which are some of the most actively traded products in the credit derivatives market. In addition, the team also supports Markit’s CDS clearing and CDS compression services, as well as, the administration of Credit Event and Environmental Auctions.

Duties accountabilities

Manage the London based operations of several credit pricing products, including Syndicated Loans, CDS, Bonds, and ABS.

Overseeing the operations of Markit’s strategic CDS clearing and compression platforms.

Working on projects that generate revenue by improving operational efficiency and enhancing our product offerings.

Manage analyst hiring for London based operations across contributed pricing products

Business competencies

Education and experience

• Minimum of a Bachelor’s Degree or equivalent

• Experience with end-to-end data flows and valuations processes

• Experience with process design and management

• An operations related background is advantageous

• Prior experience in the Credit Default Swap Market is desired

• Prior experience working with financial data a plus

• An operations related background is advantageous

Commercial awareness

• Ability to understand business objectives and focus and prioritize multiple projects

Management requirements

• Proven management experience is required.

Personal competencies

Personal impact

• A self-starter that is highly motivated is a must

• Be flexible and adaptable to changing priorities

Communication

• Must be an excellent communicator

• Excellent interpersonal skills

Teamwork

• The individual is expected to be a strong team player, with proven track-record of working with people in a global environment