Derivatives Risk Manager

3 days ago


London, Greater London, United Kingdom Sanderson Full time
Derivatives Analyst Job Description

At Sanderson, we are seeking a highly skilled Derivatives Analyst to join our team. As a key member of our operations team, you will be responsible for overseeing the operational and risk management aspects of derivative instruments within our organization.

Key Responsibilities:
  • Developing processes and procedures to ensure derivative operations are functioning within policy standards.
  • Completion of daily derivative operations retained services / tasks are managed effectively and are in line with market and regulatory deadlines and best practice.
  • Proactively working with stakeholders, and third party providers (Investment Managers, Brokers, Custodians, Fund Accountants) to ensure all asset services activities are managed.
  • To monitor and reconcile collateral positions with Investment Manager and ensure sufficient liquidity availability, for daily margin calls.
  • To monitor derivative risks and ensure they are in line with Risk appetite.
  • Assist third parties with agreed retained services delivery for the respective service area.
  • Monitor the service delivery KPI / KRIs and escalate issues accordingly.
  • Proactively identify control weaknesses relating to derivative operations services operating model and recommend and implement procedural and process change.
  • Ensure end to end understanding of all operational tasks and how they relate and impact all processes. Ensure standard ways of working are applied consistently.
  • Manage operational risk and issues within team and outsourced provider, regularly review and identify further opportunities for risk mitigation.
Requirements:
  • OTC derivatives experience.
  • Derivatives risk management experience.
  • Risk controls experience.
  • Asset management experience.
  • Stakeholder management experience.


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