Electronic Trading Risk & Control Manager VP

NatWest Group; Gurugram District; On-site; INR 4,000,000 - 6,000,000; Full time

Job summary

NatWest Group seeks a VP-level Electronic Trading Risk & Control Manager to lead risk oversight of electronic trading, including algorithm, automated, and e-platform lifecycles. You will develop stakeholder relationships and drive governance with business heads to enable growth and control.

The role requires deep expertise in electronic trading risk, regulatory knowledge (MiFID II, etc.), and strong project management capabilities within a major financial institution.

Qualifications

• Operational experience in electronic trading risk and control
• Degree in Computer Science, Engineering or related field
• Proven expertise in electronic trading, risk management and project management

Responsibilities

• Run and improve the electronic trading control lifecycles: algorithm, automated, e-platform
• Govern electronic trading risk, investigate risk issues and regulatory inquiries
• Design analytics to monitor and manage electronic trading risks
• Test control effectiveness and monitor triggers, escalate issues to traders
• Support transformation deliverables and provide updates on risks and delivery barriers
• Deliver regulatory remediation in electronic trading in a cohesive, cost-efficient manner
• Advise business heads to refine operating model for electronic trading
• Collaborate with risk managers to deliver risk and control agenda across Markets
• Review specs, test cases and risk assessments for key risks across Markets

Skills

Electronic trading

Risk management

Project management

SQL

Python

Stakeholder management

Regulatory knowledge

Education

Degree in Computer Science or Engineering

Tools

SQL

Python

OMS/EMS platforms

Job description

Join us as an Electronic Trading Risk & Control Manager, VP

• 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
• We're offering this role at vice president level

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.

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 query 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
• An understanding of electronic trading systems including order management systems (OMS), execution management systems (EMS), and Dealer to Client (D2C) platforms
• Knowledge of electronic trading or risk management frameworks and automated and algorithmic trading
• Familiarity with order, quote and trade data and knowledge of E-trading specific regulation requirements such as MiFID II, SS518, SEC 15(c), and MAR
• Good knowledge of financial instruments, including fixed income and currencies