Electronic Trading Risk & Control Real Time Monitoring Manager

NatWest Group; City Of London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading financial services firm in London is seeking an Electronic Trading Risk & Control Real Time Monitoring Manager at the vice president level. This role requires strong risk management skills and the ability to develop stakeholder relationships. The ideal candidate will have operational experience in electronic trading and expertise in financial services risk. Responsibilities include improving trading control lifecycles and managing electronic trading risks to support growth and innovation.

Qualifications

• Proven expertise in electronic trading, risk management, and project management.
• Ability to enhance alerts and processes related to monitoring electronic trading.
• Knowledge of financial services risk and control at various organizational levels.

Responsibilities

• Improve the three electronic trading control lifecycles.
• Investigate and respond to electronic trading risk issues.
• Design and develop analytical tools to manage risks.

Skills

Operational experience in electronic trading

Communication and interpersonal skills

Risk management expertise

Analytical and problem-solving skills

Collaboration with cross-functional teams

Education

Degree in Computer Science, Engineering, or related field

Tools

SQL

Python

Job description

Join us as an Electronic Trading Risk & Control Real Time Monitoring Manager

• We’ll look to you to provide electronic trading risk subject matter expertise to enable the oversight and enhancement of the global risk and control framework
• You’ll review and assess adherence to the relevant electronic trading policies
• This is a prominent role at vice president level, in which your ability to develop stakeholder relationships will be as important as your risk management skills

What you'll do

In this role, you’ll run and improve the three electronic trading control lifecycles, including the algorithm lifecycle, the automated control lifecycle, and the e-platform lifecycle. You'll be responsible for ensuring that electronic and algorithmic trading is well governed and well controlled, working with the business heads to enable growth and innovation.Furthermore, we’ll look to you to investigate and respond to electronic trading risk issues, internal reviews, and regulatory inquiries.

Supporting the administration of the e-trading governance structure, including the Electronic Trading Risk Committee, you’ll design and help develop analytical tools to monitor and manage risks associated with electronic trading. You’ll conduct design and control effectiveness testing of various pre and post trade controls, and monitoring of control trigger alerts, escalating alerts to traders to resolve issues. You’ll also drive the high quality execution of transformation deliverables to demanding timelines and provide timely, impactful updates on progress and escalation of significant risks and delivery barriers.

You’ll also:

• Deliver regulatory remediation in the electronic trading space, in a cohesive, holistic and cost-efficient manner
• Identify, log and mitigate non-market risks, including operational, conduct, reputational, regulatory and technology, inherent in the electronic trading businesses where appropriate
• Assist with Internal Audit’s reviews of the relevant control landscape
• Advise business heads to continually refine the operating model for electronic trading
• Collaborate with Business Risks Managers to deliver desired risk and control agenda for the business
• Review design specs, test cases, and test scripts, write final assessment reports, and work with key stakeholders to review inherent and residual risk assessments for key risks across Markets
• Support the population of algo inventory, including recording best practice control descriptions

The skills you'll need

To succeed in this role, you’ll need operational experience within an electronic trading business along with knowledge of financial services risk and control at different levels of the organisation.

You’ll need the ability to enhance alerts and processes related to independent real time monitoring of electronic trading, focused mostly on Fixed Income and Foreign Exchange products.

Along with excellent communication and interpersonal skills, you’ll have the ability to effectively collaborate with cross-functional teams and influence stakeholders at all levels. You’ll hold a degree in Computer Science, Engineering, or a related field and have proven expertise in electronic trading, risk management, and project management roles within an investment bank or top tier consultancy. You’ll also have excellent analytical, problem-solving, and decision-making skills, with the ability to interpret complex data. Knowledge of data quey languages such as SQL would be beneficial, as would knowledge of programming languages such Python

You’ll also need:

• Knowledge of financial services businesses, including investment banking, a clear track record of delivery, and the ability to work to deadlines and adapt to changing priorities
• A proven ability to solve problems and a commercial and strategic mind set
• The ability to think strategically and to develop targeted and intelligent solutions which are appropriate for the business