Electronic Trading COR Risk Manager

Pontoon; London; Hybrid; GBP 132,000 - 152,000; Full time

Job summary

A prominent consultancy firm is seeking an Electronic Trading COR Risk Manager in London. This hybrid role involves identifying risks associated with electronic trading, ensuring compliance, and leading risk management projects. The position offers a competitive salary starting from £132,000 based on experience and a range of benefits. Applicants must have strong knowledge of FICC products and risk management.

Benefits

Medical insurance

Income protection

Life insurance

Access to discounted benefits and online training

Qualifications

• Proven ability to independently lead projects and drive change with senior management.
• Experience in broad Risk and Compliance programs in Electronic Trading.

Responsibilities

• Identify and categorize risks associated with electronically traded flow.
• Ensure risk oversight feeds into the appropriate governance model.
• Conduct compliance and operational risk assessments of the Electronic Trading FLU.
• Monitor and test effectiveness of compliance and operational risk controls.

Skills

Knowledge of FICC products and market structure

Understanding of trade processing systems, technology, and/or infrastructure

Quantitative and/or risk management skills

Experience with laws, rules, and regulations applicable to trading

Job description

Electronic Trading COR Risk Manager

London

Contract to 31/12/2025

Salary from 132,000pa dependant on experience, plus extensive benefits, detailed below

Pontoon is an employment consultancy, we put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identifies, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.

My client is on the world's leading financial institutions united in their purpose to help make financial lives better through the power of every connection. They are dedicated to helping teammates be their best at work and at home. It starts with having a diverse, inclusive workplace where employees are valued for their individual strengths and perspectives. They firmly believe all employees should be treated with respect, live free of discrimination and be able to bring their whole selves to work. This is core to who they are as a company and how they drive responsible growth.

They are seeking an Electronic Trading COR Risk Manager to join the team on a contract to 31st December 2025. The position is hybrid working from their London office, being in the office 3 days a week, 2 days working from home, standard office hours with the need for out of hours during busy periods.

Role Description:

• Identifying and categorizing the risks associated with electronically traded flow.
• In coordination with the business, technology and control partners establish and/or validate that oversight exists for all identified risks.
• Ensuring risk oversight feeds into the appropriate governance model.
• Reviewing intraday trading limits structure/controls and establishing/validating limit setting logic where necessary.
• Development of metrics and identification of key performance metrics quantifying the effectiveness of the risk framework.
• Reviewing electronically traded flow in the context of system capacity constraints and the operational environment.
• Reviewing the use of trading algorithms and the associated risk & control framework.
• Developing a uniform standard for the use of trading algorithm controls taking account trading requirements and market impact.
• Working with Technology to identify and manage control risks. Contribute to test planning and deployment as appropriate.
• Proactively engages other C&OR officers, Enterprise Areas of Coverage (EAC) roles, and horizontal function roles to provide comprehensive oversight of FLU and CF activities.
• Conduct compliance and operational risk assessments of the Electronic Trading FLU, incorporating review of external loss events to assess control effectiveness.
• Provides independent review and challenge of the FLU's Risk & Control Self-Assessment (RCSA).
• Leads the efforts and/or contributes to monitoring and testing coverage plans and related metrics for the Electronic Trading FLU.
• Monitor and test the effectiveness of the Electronic Trading FLU compliance and operational risk controls.
• Identify aggregate, report and escalate compliance and operational risks, issues and control enhancements. Executes and/or provides oversight of governance and management routines.
• Identify compliance and operational risk training needs, provide subject matter expertise to support development of training curriculum, and inspect Electronic Trading FLU and third party participation.
• Provides consultation to business leaders in preparations for regulatory exams and audits for Electronic Trading FLU.
• Inspect that commitments made regarding actions in response to Matters Requiring Attention ("MRAs") and other actions are completed.
• Escalate regulatory relations concerns to Compliance and Operational Risk Executive

Preferred Skills / Knowledge

• Knowledge of FICC products and market structure;
• Understanding of trade processing systems, technology, and /or infrastructure;
• Will be able to independently lead projects and drive change with Senior Business and Risk Management teams;
• Will have quantitative and/or risk management skills/experience;
• Will have knowledge of laws, rules, and regulations applicable to order creation, routing, execution and post trade activities and the order management systems and platform infrastructures that support them;
• Will have experience in broad Risk and Compliance programs in the area of Electronic Trading.

Please apply with an up-to-date CV which must show evidence of the above to be considered. Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.

You will be an integral part of Ajilon (Adecco), a FTSE500 Global organisation with over 52 clients and sole supplier to the biggest organisations in the country and the world. You will be employed by ourselves as an Ajilon Consultant working onsite with our client where you will receive a regular salary, pension contributions, holiday and sick pay, plus a number of additional benefits such as medical insurance, income protection, critical illness and life insurance, access to our discounted benefits website and library of online training materials and future career and certification opportunities.

This great opportunity is being offered on a PAYE basis which means a LTD/Umbrella company cannot be used.