Role: Global Market Operations VP Margin / Middle Office Settlements
Location: Glasgow Hybrid 4 days per week on site 1 day working from home
Start Date: ASAP until end of Jan 2027 initially potential to go perm
Daily Rate: Competitive Inside IR35
Payroll provider Rockford Payroll Info for Contingent Workers Rockford Pay
Main Duties and Responsibilities
Own and oversee delivery of CMVS (Collateral Margin & Valuations Services) processes across margin calculation reconciliation and collateral settlement ensuring outputs are complete accurate and controlled.
Provide oversight of controls within core margin platform ensuring issues are identified assessed and appropriately actioned.
Review and challenge exceptions breaks and disputes ensuring appropriate resolution strategies and escalation where required.
Act as primary escalation point for complex issues coordinating across eg. Business Risk and
Technology to drive resolution.
Maintain accountability for control execution within the function including ensuring controls are appropriately designed embedded and evidenced.
Lead and deliver process improvement and control enhancement initiatives including automation standardisation and reduction in manual intervention.
Drive delivery of strategic change programmes translating business requirements into implementable solutions.
Provide oversight of MI and reporting ensuring themes risks and trends are clearly articulated and e escalated to senior stakeholders.
Engage with Audit Operational Risk and Control functions providing clear articulation of process design control operation and remediation activity.
Support resource planning prioritisation and oversight of junior team members to ensure consistent delivery against BAU and change objectives.
Basic Qualifications:
Strong experience in collateral management / margin operations with demonstrated understanding of end-to-end margin lifecycle and associated risks.
Proven ability to oversee and challenge operational processes controls and outputs in a complex environment.
Experience in managing or leading process improvement and change initiatives including control uplift and automation.
Strong understanding of control frameworks and governance expectations including audit and risk interaction.
Margin experience ideally or general middle office experience with settlements
Ability to assess and articulate operational risk control effectiveness (in terms of execution) and required remediation actions.
Advanced analytical capability with ability to interpret complex data and identify root causes and themes.
Strong stakeholder management skills with experience engaging senior business risk and technology partners.
Demonstrated ability to prioritise across BAU delivery and change activity while maintaining control discipline
Change / BA and / or project management experience within a Mkts Ops setting would also be considered
Preferred Qualifications:
Strong knowledge of control architecture (input calculation movement output) within core margin platforms
Experience leading control uplift transformation or strategic programmes
Ability to leverage data analytics and emerging AI tooling to enhance control visibility MI and process efficiency.
Track record of engagement with stakeholders and governance forums including ownership of remediation outcomes.
Required Skills:
Collateral Margin & Valuations Services Middle Office Settlements Market Ops
Employment Type : Full Time
Experience: years
Vacancy: 1
Monthly Salary Salary: 1 - 1