Avp , Markets Trade Controls & Supervision

**Job Summary**
- Trade Validation is responsible to ensure robust Control framework and governance mechanism across FM Macro Business manual trade bookings and Cancel & Amends. Collaborate with Non-Validation Control and FO Supervision functions to ensure effective trade and position Control execution towards managing FM Business Risk.

**RESPONSIBILITIE**
- Oversight and Delivery for Trade Validation Control involving deal review against external source across OTC products and regions for FM Business. Execute Controls and Reporting, to ensure Risk captured accurately in system compliant to product Booking models.
- FO Supervision Controls to monitor Trading risk positions, trade capture timelines, Regulatory Compliance and Rogue trading Controls to identify and escalate any exceptions.
- Non-Validation Controls across FOBO, FOFO and Interface system exception monitoring and reconciliation break resolution to ensure data integrity and completeness.
- New business enablement and solutions, partner to deliver strategic FM initiatives and ensure Operational readiness.
- Manage query remediation, other day-to-day processing, ensuring timely escalation to minimise risk exposure.
- Collaborate with FMO Front Office including Trading and Sales Desks and Business COO to support Business Enablement initiatives and Control framework.
- Insulate FM from post execution processing / queries, represent Operations functions.
- Build team profile with the Front Office
- Stakeholder engagement, 2-way flow of information - “Trusted Advisor”
- Build strong relationship with internal teams across Ops, Finance, Risk and Technology to facilitate efficient Collaboration and speedy resolution of issues.
- Drive continuous improvement and innovate:

- Partner with Technology to deliver Transformation.
- Work with Business COO to identify booking model improvements and drive efficiency.
- Achieve Regulatory and Conduct Compliance and future proof the Middle Office model through a strong understanding of current rules and anticipation of upcoming regulations.
- Adherence to Ops Risk Framework standards of implementation and process management

Oversight of Daily Productivity, KPI, KCI and Capacity metrics

**Key Responsibilities**

**Strategy**
- Business alignment / Product expertise: Product specialists who understand business priorities and strategy, define optimal solutions leveraging industry leading facilities and influence behaviour through countenance
- Connect: Build bridges across the bank to simplify current operating model, create efficiencies and identify new opportunities
- Leadership and Market presence: Own your domain and influence product evolution, define internal standards and shape future utilities through selective industry positioning. Risk Manager: Define the standard to effectively control the T-0 business day; understand regulations, key trends, and external incidents; voice opinions and concerns; protect the bank
- Risk Manager: Define the standard to effectively control the T-0 business day; understand regulations, key trends, and external incidents; voice opinions and concerns; protect the bank

**Business**
Financial Markets Operations (FMO) Middle Office (MO) was established in 2017 in a response to increasing requirements from Front Office (FO) for dedicated support. Middle Office function’s core purpose is to insulate FM Trading / Sales, permitting them to maintain focus on revenue generation, Client and risk management.
In 2022 the Global Middle Office function underwent a significant restructure, expanding its remit through the absorption of former Trade Control (rebranded MO Controls), Sabre Support, New Issuance Group (NIG) and Transaction Management (TMG) support functions. MO also expanded its remit into Sales Support. This re-alignment places all direct FM support functions under one consolidated organisational structure, with the ultimate aim of accountability and delivery of high quality, streamlined and synergized FM services.

**Skills and Experience**

**Processes**
- OTC Products: FX, FX Options, Interest Rate Swaps, Commodities, Credit Derivatives, Equity Derivatives, Money Market and ESG products.
- Electronic executions across Markitwire, RTNS, Bloomberg, ICE Link etc
- New and Amended Trade Validation
- Non-Validation Controls
- FO Supervision Controls
- New Products & Business Enablement

**People & Talent**
- Data management Skill
- Expert in derivatives products
- Analytical skills
- Project Management

**Risk Management**
- Understanding on T0 Risk
- Fail understand on Market Risk, Credit Risk (Added advantage)
- Fair understanding on Credit & Market risk

**Governance**
- Fail knowledge to do Internal controls.
- Stakeholder communication.
- Fail knowledge on MIS reporting & analysis.

**Regulatory & Business Conduct**
- Display exemplary conduct and live by the Group’s Values and Code of Conduct.
- Take personal responsibility for embedding the highest standards of ethics, incl