Come join a winning team! We have an exciting opportunity to help expand your knowledge, skills, and abilities in themarginingspace.
As a Vice President within the Futures and Derivatives Clearing Client Margins team, you will provide strategic and operational oversight for a team that serves as the daily contact for clients regarding their margin obligations. You will champion payment controls, ensure adherence to regulatory and internal standards, and drive continuous improvement in team processes. Collaboration with internal partners is key to enhancing the client experience and supporting operational transformation. This position requires a strong ownership mindset, the ability to critically assess and resolve issues, and a commitment to developing team capabilities in line with business priorities and Firm-wide objectives. Product knowledge and a keen focus on payment controls are essential for success in this role.
Job Responsibilities
- Lead and oversee a team serving as the primary escalation point for clients settling margin requirements
- Champion payment controls, ensuring rigorous oversight and continuous process improvement
- Ensure all margin requirements are met in accordance with margin regulations, client priorities, and internal risk policies
- Resolve complex issues related to SWIFT formatting, cash and securities settlement instructions (SSIs), and securities settlements across global markets
- Build and leverage relationships across Sales / RM, Compliance, Technology, and Operations to drive solutions
- Analyze client behavior, margin balances, and exceptions to identify opportunities for improvement
- Implement solutions to enhance client experience, drive capacity gains, efficiency, and strengthen controls
- Lead and participate in cross-functional initiatives (Regulatory, Strategic / Platform, Exchange / Product onboarding, client experience) to improve service offerings
- Monitor industry developments in cleared derivatives and communicate relevant insights to management and the team
- Promote a culture of continuous learning and product expertise within the team
Required qualifications, capabilities and skills
Deep understanding of Derivatives Clearing business and the end-to-end lifecycle of Futures and Cleared OTC Swaps productsProven experience in team oversight, with a focus on developing talent and fostering a culture of accountabilityStrong communication skills and ability to build relationships with external clients and internal stakeholders, including Sales, Controls, Technology, and OperationsDemonstrated control mindset to identify process gaps, prioritize, and mitigate operational risk, especially in payment controlsExcellent problem-solving skills and ability to address operational and technical issues with sound judgmentAbility to prioritize, drive results, and influence team members in a cross-functional, diverse environmentStrong organizational skills and attention to detail with ability to multi-task and deliver against tight deadlinesCommitment to self-development and continuous learningAbility to synthesize complex information for various audiencesSeries 99 or ability to obtainPreferred qualifications, capabilities and skills
Working knowledge or strong desire to learn data visualizations and analytics tools (Tableau, Alteryx, LLM, etc.)#J-18808-Ljbffr