Emerging Settlement Business Development Manager recruitment

The equity business at our top tier investment bank is currently experiencing a large degree of change, both internal and market driven change. Within this role you will have the opportunity to provide a detailed input into departmental strategy for securities processing, to represent the company in external forums and ensure that its interests are appropriately presented.The Equities Business Cash Equity Trading Product organisation provides operational support to the Global Equity business, providing an interface into the processing locations, and through the interpretation of business goals into operational strategic direction

• The key responsibilities for the role will be focussed on understanding the settlement processing environment within the business, the strategic direction of the securities markets (notably Emerging), identifying key challenges to existing market practices and using this input to help define, agree and implement product strategic direction.
• It is expected that you will represent the business at external forums (AFME, Swift, Omgeo) and be capable of articulating a house position on specifics functions / services / practices. Communication of these sessions to internal stakeholders will form a key part of this role.
• In addition is it expected that a wide network both internally and externally will be established. This network will be used to ensure processing performed meets internal requirements (performance, control environment) and also to capture market developments, and to identify opportunities to define strategic approach.
• Working closely with colleagues in strategic architecture will be key to success. The scale of change due in the medium term will require many changes to existing infrastructure, and input into strategic business technical architecture will be a key deliverable.
• Through attendance at various forums it is expected that an understanding of vendor solutions and their suitability to the business will be defined from a cross product perspective. This would include the management of vendor relationships.
• In addition the suitable candidate will be expected to provide support to the Equity business for settlement related issues and queries. This will be focussed on ensuring performance of Smartsourced activities achieves required standards, and that identified strategic changes are communicated to receiving locations. A degree of involvement in front to back control oversight is also expected.

The role will interface across many teams and role types including :

 - location teams
 - Industry practitioners (peers, vendors, clients, agent banks)
 - Senior management across the business
 - Project Managers
 - Business and IT developers
 - Run the Bank (RTB )/ Subject Matter Experts (SME)

You will have:

• Proven experience in investment banking middle office or operations or project / process environment.
• Excellent Product knowledge.
• Strong relationship skills
• Project lifecycle understanding.
• Business and Product knowledge / trade lifecycle.
• The ability to define and visualise future state solutions.
• Workflow / Process reengineering capabilities.
• Proven experience of operating within an Investment Banking operations environment, specifically focussed on Emerging Market Settlement activities.
• Proven technical understanding of business processing of securities products.
• The ability to formulate strategic goals, and to gain sponsorship for these.
• Flexibility and engagement, ability to work under pressure.

Keywords: Operations, Emerging Markets, Equity, Securities, Fixed Income, Settlements, Middle Office, Projects, Project Management, Stakeholder Management, Business Requirements.