Middle Office Operations Manager (ETD)
Core
Senior manager responsible for cash reconciliations, exception management, break remediation, and balance sheet integrity for a complex Exchange Traded Derivatives (ETD) business.
Role type
Senior IC Middle Office Operations Manager (ETD)
Builds
Operational controls and reconciliation processes for Futures/Exchange Traded Derivatives
Domain
Financial Markets / Derivatives
Required skills
ETD lifecycle knowledge, cash reconciliation, exception management, break remediation, balance sheet controls, accounting principles, operational control frameworks, people management, operational improvement, root cause analysis, stakeholder communication, global financial markets experience
Preferred skills
Futures Clearing Operations experience, change initiative leadership, analytical skills, proactive control-focused mindset
Technologies
None stated
Responsibilities
Manage day-to-day reconciliation of ETD cash types and remediation of outstanding breaks and exceptions; Lead and provide hands-on oversight to a London-based team of approximately 10; Oversee reconciliation processes and the operational control environment supporting Futures / Exchange Traded Derivatives; Take ownership of a significant workflow relating to ETD pass-through fees, investigating discrepancies and driving issues through to root-cause resolution; Provide balance sheet control oversight, ensuring the accuracy of revenue and transaction expenses; Track, manage and communicate material exceptions and remediation activity to senior Operations and business stakeholders; Partner with Product Control, Finance, Operations and other stakeholders to resolve complex issues; Identify opportunities to strengthen controls, reduce operational risk and simplify processes; Lead projects and change initiatives aligned to operational and organisational priorities; Produce and present clear management information, status updates and escalation reporting to senior stakeholders; Ensure adherence to relevant control, compliance and regulatory requirements; Provide leadership, coaching and development to the team while ensuring key deliverables and efficiency targets are achieved
