Assistant Vice President/Vice President

Assistant Vice President/Vice President - Global Market Front Office Operational Permanent Control

Position Purpose

Within the GM CCCO department, the GM Operational Permanent Control & TAC/NAC Coordination team (GM OPC) serves as subject matter expert on the Front Office (FO) supervision structure, operational risks assessment, controls and governance.

We are looking for a HEAD of OPC/ RPC team. The candidate will have to split the work between 80% to produce the BAU of the team as any other of his teammates and 20% to manage the OPC/ RPC team.

Responsibilities

Direct Responsibilities

1. PROTECTION & RISK REMEDIATION:

o Strengthen FO to End control set up through the declaration, investigation, analysis of operational risk incidents

o Contribute to determine risk reduction actions & coordinate ad-hoc global remediation plans

o Drive the Mtier in the answer, follow up and closure of any internal or external recommendation

o Materialize, maintain & improve the FO control plan

2. PREVENTION:

o Risk Assessment: Perform Risk Assessment at FO level & coordinate Control Plan design and upgrade; roll out the combined RCSA & CRI in APAC

o Develop and manage operational risk monitoring measures and reporting (e.g. KRI, Risk Control Self-Assessment (RCSA), Conduct Risk Identification (CRI))

In charge of maintaining the control plan & review the results of controls.

o Contribution to the rationalization, cleaning, efficiency of controls while reducing risks

o Conduct training and awareness sessions aiming to strengthen a risk mitigation culture.

3. SUPERVISION - VALIDATION PROCESS (TAC/NAC Coordination):

Validation process: Coordinate the internal validation of exceptional transactions, new activities, proprietary custom index or automated trading strategies; Provide advisory to FO and Functions on operational risk assessment throughout the validation process. Ensure adherence to the relevant policies & proper implementation of actions points. Ensure timely implementation of conditions. Conduct Post-Implementation Review

Ensure the quality and consistency of OPC comments;

Ensure the timely implementation of blocking and non-blocking conditions;

Provide advisory to FO and Functions on operational risk assessment throughout the validation process;

Supervise Adhoc business reviews and post-implementation follow-up.

4. GOVERNANCE:

Coordinate and contribute to the internal control Governance forums and provide advisory on operational risk governance

Participate actively and manage GM contribution to other Permanent Control Committees;

Contribute to the Regulatory Permanent Control (RPC) global governance forums and oversee the roll out of the regional RPC governance in APAC; Review the Regulatory governances, and drive changes especially in APAC when required based APAC regulatory control plan.

Contribute to specific FO processes governance (e.g. Custom Indices, SPV, etc)

Coordinate with LOD2&3 on permanent control related topics

Contributing Responsibilities

TEAM MANAGEMENT: Accountable for the service deliver by the team, provide solution to the team on BAU bottle necks, organize BAU and ensure delivery of BOW, ensure continuity of Business, communicate regularly to Onshore Manager/ Team on issues that are significative regardless of his type (HR/ Production, etc..), ensure team development in the LT & talent retention.

Technical & Behavioral Competencies

Working experience:

10 years experience, with at least 4 years experiences in managing teams: coaching, career development.

5 years working experience on control maintenance, design, remediation within Operational & Regulatory risks.

5 years working experience within Global Market activities.

First experience in change management, outsourcing project.

Good knowledge of Microsoft Office applications (e.g. Powerpoint, Word), proficient Excel.

Advanced technology skills is a plus (incl. VBA, Python, POWER BI)

Specific Qualifications (if required)

Academic knowledge:

• Master Degree in Finance, Economics, Engineering, Computer Science but open to other courses with business and finance knowledge if relevant working experience.

Soft Skills:

Ability to develop stakeholder relationships and work in a complex and rapidly/constantly changing environment.

Ability to analyze complex issues & solution provider.

Ability to work under pressure, to prioritize, summarize.

Work in a rigorous manner with high attention to detail.

Ability to communicate clearly in both oral and written form (English)

Ability to think out of the box.

Ability to manage a team to deliver under challenging timelines.