Financial Data Operations Manager

SimCorp; Toronto; On-site; CAD 133,000 - 183,000; Full time

Benefits offered by this job

Health & dental care

Time off

RRSP/TFSA

Job summary

SimCorp Canada seeks a Data Operations Manager to lead the regional Data Operations team(s) responsible for market and master data for financial instruments. You will govern, process, and distribute data per SLA and client requirements in a fast-paced environment.

You will coach team members, manage resource demand, and collaborate with the Head Service Delivery and Head of Data as a Service to ensure compliant, reliable service delivery for our financial clients.

Qualifications

• Bachelor's degree or equivalent in finance or engineering.
• Proven people management experience (3–4 years).
• Experience with data governance and operational risk topics.

Responsibilities

• Lead regional Data Operations teams to meet client SLAs.
• Document client requirements in a runbook format.
• Perform quality checks and ensure governance and risk adherence.
• Resolve client service requests promptly to ensure satisfaction.
• Ensure compliance with SOX, governance and audit deliverables.
• Oversee data analysis and incident/change management processes.

Skills

People management

Data governance

SOX/compliance

Stakeholder management

Data quality

Financial instruments knowledge

Runbooks

Education

Bachelor's degree in finance or engineering

Tools

HPALM

ServiceNow

EDM platforms

Job description

WHAT MAKES US, US Join some of the most innovative thinkers in FinTech as we lead the evolution of financial technology. If you are an innovative, curious, collaborative person who embraces challenges and wants to grow, learn and pursue outcomes with our prestigious financial clients, say Hello to SimCorp! At its foundation, SimCorp is guided by our values — caring, customer success-driven, collaborative, curious, and courageous. Our people-centered organization focuses on skills development, relationship building, and client success. We take pride in cultivating an environment where all team members can grow, feel heard, valued, and empowered. If you like what we’re saying, keep reading!

WHY THIS ROLE IS IMPORTANT TO US

The Data Operations Manager is responsible to lead, manage, support and develop the regional Data Operations team(s) who are responsible to manage the market and master data for financial instruments for various clients. The role is accountable to assure all data in scope of SimCorp’s Datacare offering (managed data service for financial instrument data) is collected, composed, controlled and distributed according the effective SLA agreements with the individual clients. In particular, this includes governing, processing and distributing of all financial instruments/institution master and pricing data. Furthermore, this role is responsible to manage shifts and capacity needs in the local Data Operations team and steer immediate resource (re)allocations according to the service needs of the clients. The Data Operations Manager is also the first contact point for customer interaction beyond the regular service requests and manages the relation to regional and local clients in collaboration with the Head Service Delivery and ultimately with the Head Data as a Service. This role also requires a very client-focused mindset, substantial know-how of financial instruments (such as Equities, Fixed Income, ABS/MBS, etc.) and the ability to provide coaching to other members.

WHAT YOU WILL BE RESPONSIBLE FOR

• Manage regional Data Operations teams and ensure all daily service deliverables in terms of collecting, composing, controlling and distributing financial instrument data are met according to effective client SLAs
• Documenting client requirements and displaying them in a consistent format (runbook) to ensure both client and data operations agree on procedures and execution of agreed to service deliverables.
• Assure the execution of all quality checks part of the service scope and strict adherence to existing runbook(s)
• Ensure all questions and service requests raised by clients are resolved in a timely and professional manner to ensure customer satisfaction and SLA compliance
• Ensure compliance with all existing governance and risk frameworks and execution of all mandatory operational risk and audit deliverables in the effective service context (e.g. Sarbanes–Oxley Act (SOX), etc.)
• Manage and oversee all executed data analysis as a result of client requests and assure operational adherence of existing incident and change management processes standards
• Frequently review, (re)design and improve existing processes, quality controls and manual workarounds especially those which pose a high error risk to the service deliver
• Establish and maintain relationships with local and regional clients and act as a single point of contact (SPOC) on all service delivery related matters in collaboration with the DaaS Head Service Delivery
• Collaborate with Data Advisory and Change Management team to manage resource demands originating out of changes and testing efforts
• Assure and foster continuous know-how exchange between the regional Data Operations teams to eliminate know-how silos and gaps in terms of processes, incidents and general documentation
• Oversee and improve the effectiveness of defined data quality and governance frameworks to sustain data quality and reliability of the service delivery
• Manage and follow up on audit, SOX and other operational risk topics to ensure compliance and timely closure
• Maintain all operational documentation relevant in the context of daily service deliveries, e.g. run-books, control sign-offs, etc.

WHAT WE VALUE

Most importantly, you can see yourself contributing and thriving in the position described above. How you gained the skills needed for doing that is less important. We expect you to be good at several of the following and be able to - and interested in - learning the rest.

• Experience with data vendor feeds (Bloomberg, IDC, Reuters, etc.) and display products, 5-7 years
• Deep knowledge of traditional and non-traditional financial instruments and markets including structured securities, especially complex instruments like ABS/MBS, index linked bonds, and syndicated loans.
• Bachelors degree or equivalent in finance or engineering
• People Management experience, 3-4 years
• Solving master and reference data issues based on exception handling, 3-4 years
• Managing service delivery team(s) and client relations, 3–4 years
• Applying operational data management and data governance, 2-3 years
• Process design and engineering experience, 1-2 years
• Process management experience, 2-3 years
• Requirements engineering and data modelling experience, 1-2 years
• Experience with EDM platforms, 3-4 years
• Experience with service request systems or any other similar ticketing tool, like HPALM, Service Now, etc., 4-5 years

BENEFITS

The salary range for this position is $133,200 - 183,000 CAD annual. Base pay may vary based on factors such as years of experience, skills and qualifications. Additionally, employees are eligible for an annual discretionary bonus and benefits including health and dental care, time off and Group RRSP/TFSA.

SimCorp Canada welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection process. Candidates who require accommodation during the recruitment process should contact the People & Culture team at [e-mail].

We are eager to continually improve our talent acquisition process and make everyone’s experience positive and valuable. Therefore, during the process we will ask you to provide your feedback, which is highly appreciated.

WHO WE ARE

For over 50 years, we have worked closely with investment and asset managers to become the world’s leading provider of integrated investment management solutions. We are 3,000+ colleagues with a broad range of nationalities, educations, professional experiences, ages, and backgrounds in general.

SimCorp is an independent subsidiary of the Deutsche Börse Group. Following the recent merger with Axioma, we leverage the combined strength of our brands to provide an industry-leading, full, front-to-back offering for our clients.

SimCorp is an equal-opportunity employer. We are committed to building a culture where diverse perspectives and expertise are integrated into our everyday work. We believe in the continual growth and development of our employees, so that we can provide best-in-class solutions to our clients.

This position is for an existing vacancy. Our hiring process uses AI‑enabled tools to support the screening and assessment of applications. All applicants are still reviewed by a skilled recruitment team. AI does not make hiring decisions. Human reviewers, who are trained to understand the limitations, potential risks, and possible biases associated with AI tools, evaluate all applications and AI‑assisted results before any decision is made. If you have questions about how your information is processed in detail, feel free to contact us.

SimCorp is a provider of industry-leading integrated investment management solutions for the global buy side. Founded in 1971, with more than 3,000 employees across five continents, SimCorp is a truly global technology leader that empowers more than half of the world’s top 100 financial companies through its integrated platform, services, and partner ecosystem. SimCorp is a subsidiary of Deutsche Börse Group. As of 2024, SimCorp includes Axioma, the leading provider of risk and management and portfolio optimization solutions for the global buy side.