Operations Manager
3 weeks ago
About the Role
As a Middle Office Manager at Optiver, you will be responsible for setting up and managing the operations function to support business activities in Equity Derivatives, Currency Derivatives, Equity Cash Segments, and Commodities Derivatives segments.
Key Responsibilities
- Implementing appropriate systems, processes, and controls to support trade settlement and risk management
- Establishing and managing processes for day-to-day settlement activities, including fund and security settlements with clearing members, stock exchanges, and clearing corporations
- Managing Collateral Management processes, including cash, bank guarantees, and Government securities, with clearing members and clearing corporations
- Reconciling trades and positions against clearing members and clearing corporations, as well as bank and DP account reconciliations
- Managing Cash Management processes, including fund transfers for margins, settlement obligations, and fees between the Company, clearing members, and clearing corporations
- Coordinating Regulatory Reporting and periodic regulatory audits
- Coordinating yearly statutory audits, including ICFR audits, to demonstrate the existence and effectiveness of key controls in the trade lifecycle
- Managing working relationships with stock exchanges, clearing corporations, banks, Depository Participants, and CSGL custodians
Requirements
- 12+ years of managing operations functions with reputable Stock broking/trading firms
- Bachelor's degree in finance, commerce, or business
- Chartered Accountant, MBA, or other such qualification preferred
- Experience in managing small teams to meet deliverables in a high-performing environment
- Strong attention to detail with experience in operational activities
- Strong written, verbal, and presentation skills, with the ability to communicate clearly and concisely
- Pro-active, results-driven attitude
About Optiver
Optiver is a global tech-driven trading firm with offices in Amsterdam, Sydney, London, Singapore, Shanghai, Hong Kong, Taipei, Chicago, and Austin. We are a leading liquidity provider, with close to 2,000 employees in offices around the world, united in our commitment to improve the market through competitive pricing, execution, and risk management.
We provide liquidity to financial markets using our own capital, at our own risk, trading a wide range of products, including listed derivatives, cash equities, ETFs, bonds, and foreign currencies.
We are an intentionally flat organization, believing that great ideas and impact can come from everyone. We empower individuals and create diverse teams that thrive, ensuring that every person at Optiver feels included, valued, and respected, because we believe our best work is done together.
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