Job Description

The Securities & Derivatives Group Manager is a senior management level position responsible for overseeing a large team (70+ members) dedicated to the efficient and accurate processing of high-volume securities and derivatives transactions for fund accounting processes. This role demands a deep understanding of financial instruments, trade lifecycle events, and fund accounting principles. The Senior Manager will drive operational excellence, ensure regulatory compliance, and foster a culture of continuous improvement within the team.



Responsibilities:

Leadership and Team Management:

+ Lead, mentor, and coach a team of 70+ transaction processing professionals.
+ Foster a positive and collaborative work environment, promoting employee development and engagement.
+ Conduct performance reviews, identify training needs, and implement development plans.
+ Oversee resource allocation, workload balancing, and succession planning.

Transaction Processing Oversight:

+ Ensure timely and accurate processing of all securities and derivatives transactions, including trade capture, confirmation, settlement, and reconciliation.
+ Implement and maintain robust quality control measures to minimize errors and ensure data integrity.
+ Monitor transaction volumes, identify bottlenecks, and implement process improvements to enhance efficiency and scalability.
+ Develop and maintain comprehensive documentation of transaction processing procedures.

Fund Accounting Expertise:

+ Possess a strong understanding of fund accounting principles and practices.
+ Ensure compliance with all relevant accounting standards and regulations.
+ Collaborate with the fund accounting team to ensure accurate and timely reporting.

Risk Management and Compliance:

+ Implement and maintain a robust risk management framework to mitigate operational, financial, and regulatory risks.
+ Ensure compliance with all relevant regulations and internal policies.
+ Conduct regular audits and reviews to identify and address potential control weaknesses.

Stakeholder Management:

+ Build and maintain strong relationships with key stakeholders, including trading desks, branch offices, fund accounting, and compliance.
+ Communicate effectively with stakeholders to provide updates on transaction processing performance and address any concerns.

Technology and Innovation:

+ Stay abreast of industry best practices and emerging technologies in transaction processing.
+ Identify opportunities to leverage technology to improve efficiency, accuracy, and automation.
+ Collaborate with technology teams to implement and integrate new systems and tools.

Budget Management:

+ Develop and manage the annual budget for the transaction processing team.
+ Monitor expenses and identify cost-saving opportunities.


Qualifications:

10+ years of relevant experience in securities and derivatives operations, with a focus on transaction processing. Proven experience managing large teams (70+ members) in a fast-paced, high-volume environment. Deep understanding of financial instruments, trade lifecycle events, and fund accounting principles. Strong leadership, communication, and interpersonal skills. Excellent analytical, problem-solving, and decision-making skills. Proven ability to manage multiple projects simultaneously and meet tight deadlines. Bachelor's degree in finance, accounting, or a related field; Master's degree preferred.

Education:

Bachelor's degree/University degree or equivalent experience Master's degree preferred Experience with fund accounting software and systems. Lean Six Sigma or other process improvement certifications.

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Job Family Group:


Operations - Transaction Services
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Job Family:

Securities and Derivatives Processing
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Time Type:


Full time
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Most Relevant Skills


Please see the requirements listed above.
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Other Relevant Skills


For complementary skills, please see above and/or contact the recruiter.
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