Rare Business Management Position in Tier One Investment Bank recruitment
Department Profile:
The EFD1 business trades Equity Swap, Notes, Delta1, Futures, Options, Index Arb, Risk Arb, SBL, ETF and financing with a balance sheet size of circa $70bn. The business continues to grow and has ambitious expansion plans to grow organically and through internal joint ventures going forward, hence the requirement for this new position of Business Manager.
Job Description / Role Requirements:
Reporting into the Global Business Manager, the key deliverables for the role are:
Maintain close relationships with the key support functions to ensure control of the Front to Back process for the business is maintained to manage Operational risk and improve effectiveness and efficiency within the business. Identify key opportunities to reduce costs / generate additional revenues.
Assist in delivery of strategic change projects driven by the Global Business Manager.
Involvement in / coordination of New Product Due Diligence process, often liaising with the business managers in the global sites, support functions and global markets management office
Review performance of the business through close control/monitoring of the daily and monthly financials. Highlight trends and manage costs and revenues accordingly.
Development of desk management information in order to identify client trends, league tables, sales person performance, business mix, capital usage and perform variance analysis.
Own the ‘Business Control Committee’ process for Europe, collation, monitoring and presentation of KRI’s for the support functions to the Global management team in order to ensure a strong control environment for the business. Act upon risk items to ensure ownership is taken and risks are mitigated.
Responsibility for the desk liaison during the Audit / Compliance review process, ensuring that any audit points raised are remediated within the assigned deadlines
Responsible for the annual operating plan / budgeting process
Ownership of the Business recovery plan
?Person Requirements
Experience in a Business management role is preferred, however we will look at someone from a Product Control or Valuations background.
Knowledge of Equity and Delta1 products. Fixed Income experience specifically in Interest Rates exotic or flow will also be an advantage.
Highly self motivated
Ability to deliver quality results within pressurised deadlines and prioritise effectively
Strong communication skills, both written and verbal with ability and comfort to operate with senior management
Strong leadership skills
Time management and project management skills
Desirable but not essential: Qualified Accountant with relevant Post Qualified experience.