Manager, OTC Clearing Operations recruitment
A sell side firm is looking for a manager of its OTC Clearing operation. Candidates will need to have tangible experience across related product, functional and managerial competencies in order to gear the team to cope with a projected increase in trading volumes and the subsequent requirement for an efficient clearing solution. Although the product focus is diverse across the OTC spectrum, particular emphasis is placed upon CDS and FX coverage.
Key duties include:
• Daily monitoring of margin calls for all relevant transactions
• Engage with and oversee the clearing cycle with timely intervention to amend any breaks, or delegate within the team to ensure deadlines are met.
• Dealing with Front Office and other related departmental queries, maintaining good relationships thus
• Key point of contact for any project work, taking an active role in communicating requirements to project managers. There may well be hands on project experience (change management) on offer subject to how the group strategy is rolled out through the upcoming year
• Conduct appraisals, setting goals for individual development and overall team contribution
• Maintain good working relationships with adjacent teams and functions, there may be the need to deputise for other teams and heads of on occasion
Candidates will have to demonstrate supervisory or line management expertise within similar areas of OTC operations and / or clearing. Expertise within OTC clearing at this level will certainly create interest.
Please note this role is permanent, a job spec is available