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Counterparty Network Manager

4 weeks ago


London, Greater London, United Kingdom Fintech-Rec Group Ltd Full time
About the Role

We are seeking a highly skilled Counterparty Network Executive to join our team at Fintech-Rec Group Ltd. As a key member of our business operations, you will play a crucial role in leading the charge as a CN expert and becoming an integral part of our business operations for our clients' markets.

As a Counterparty Network Executive, you will be responsible for ensuring that our clients meet requirements to the highest standard, in a timely manner, and building the foundation for a strong counterparty network. You will effectively manage various projects simultaneously, ensuring cross-functional collaboration, and enhance our counterparty experience and refine the approach to counterparty governance.

You will be an effective communicator, building strong relationships around the business to ensure a solid onboarding process. With a keen eye for detail, you will support the delivery of our clients' ambitious objectives and 5-year plan.

Key Objectives (6-12 months)
  • EDD Reviews: Own and manage the EDD review work stream, ensuring requirements are met to the highest standard, and effectively manage companies' counterparty networks.
  • Counterparty Governance: Review and redesign the counterparty governance structure to ensure alignment with strategic objectives and ongoing management as the company scales.
  • Ongoing CP management: Implement a comprehensive system to track and organize all counterparty engagements in alignment with OKR dashboards.
  • Document Management: Develop and maintain a comprehensive system for managing counterparty engagements, including the creation of the company's/PML deck, a library of responses to common bank questions, agreed-upon data points, and necessary documents/policies.
  • Internal communication: Partner with the Marketing department to create a regular and meaningful communication that will provide the business with an update on counterparty network activity.
  • Counterparty Optimisation: Lead counterparty expansion by analyzing and leveraging unutilized capabilities, ensuring buy-in from key stakeholders to drive initiatives.
  • Trade/Credit Risk: Ensure the efficient management and ongoing development of the trade/credit risk area as the company continues to scale.
Requirements
  • 3+ years' experience in a similar role (FX & payments background is preferable).
  • Highly organized and confident in managing multiple projects.
  • Effective communication matters; you must be confident and articulate to keep moving the dial.
  • A keen eye for detail, highly organized, and confident to challenge in pursuit of the right way forward for the company.
  • High ethical standards to help ensure our ongoing regulatory obligations with the FCA.
  • Ability to handle sensitive information with complete confidence.
  • Be curious; we are a forward-thinking company and want you to grow with us.
  • A collaborative team player.
Benefits

Competitive Salary, Company Pension, Annual Leave allowance, Hybrid Working