Apply locations London, United Kingdom time type Full time posted on Posted 3 Days Ago job requisition id R0098383 As a member of the Risk Change team within Swapclear, the candidate is required to be experienced in delivering business change within the Investment banking sector. The candidate will be responsible for the management and delivery of specific risk change projects and be able to delegate relevant tasks to junior members of the team. The candidate is expected to have in-depth knowledge and practical experience of market risk concepts, e.g. Market Data, Pricing and Sensitivities. The candidate should have a strong understanding of the valuation and product specification for all instruments traded in the Interest Rate Derivatives market and be fully aware of the project lifecycle. The role will be in the In-Business Risk team, whose responsibilities include development and maintenance of high quality pricing models and a comprehensive risk management framework. The role will involve close liaison with the wider Risk management teams, Technology and Operations team, and other internal/external groups, on a regular basis. Ability to deal effectively and maintain good working relationships with Senior Management is a must. Key responsibilities of the role: Ensure that all test cases and results are documented during the project test phase. Organise and be responsible for the testing from a risk perspective, ensure that all resources and requirements are correctly raised and are sufficient to complete everything satisfactorily. Use your influence to remove barriers to resolution. Contribute to improvements in existing risk testing techniques and SwapClear processes through the application of advanced automated processes. Ensure cohesiveness and delivery of functional and system testing. Own issues and ensure their timely resolution. Escalate appropriately both internally and externally to ensure projects and the programme are efficient and on track. Assist in successful functional implementation and testing. Provide the necessary oversight and support. Lead discussion of and challenge, where necessary, business and technical decisions. Challenge the status quo and identify and implement cross-functional efficiencies to speed up and reduce the cost of future projects and programmes. Ensure timely and accurate analysis of risk issues. Use business knowledge to solve problems. Communicate effectively up and down the management chain. Step in for your manager when required. Represent Risk Implementation at working groups as appropriate; demonstrate sound judgement and decision-making. Set agendas where necessary and define key objectives and deliverables. Advise and guide senior members of business silos making recommendations regarding approach, practicalities of implementation, process improvement and automation. Ensure that Business Requirement Documentation and other paperwork is written as required. Ensure that all decisions made have had robust risk management analysis and be sure to inquire and escalate, if not. Feel free to ask questions of others outside of risk should you identify something that doesn’t seem right. Write and steer governance papers through the relevant process. Own the backlog and ensure that all are completed to a good standard and in good time. Build relationships and partner with Second Line risk to smooth this process. Teach, mentor and appraise junior members of the team – lead by example here, set the level of expectation on others. Listen to and act on issues brought up by team members. Escalate where appropriate. Understand yourself, be self-critical and suggest areas in which you can improve. Experience and skills required: Risk Management Framework: Understands relevant internal and external risk frameworks and has the ability to map business controls and metrics to them for regulatory, governance and reporting purposes. IT Skills: Develops technical skills that enable her to interact with IT departments to deploy best fit solution for the change program. Communication: Communicate with clarity and precision, presenting complex and/or technical information in a concise format that is audience appropriate, keep the stakeholders informed about the progress of the projects she took ownership of. Risk management and mitigation: Uses appropriate methodologies, tools and techniques to identify and evaluate the organisation’s risk exposure and mitigate against unacceptable risks. Technical expertise: Develops and applies technical knowledge and best practices to support business needs. Risk analysis: Links risk initiatives into critical business drivers, determining the costs of the risk. Organisation skills: Establishes order and structure in the work conducted and be systematic and efficient. Professional scepticism: Approaches situations with a questioning mindset and a critical assessment of evidence. Critical thinking: Analyses and evaluates facts and information in order to form a judgement. LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth. Our purpose is the foundation on which our culture is built. Our values of
Integrity, Partnership ,
Excellence
and
Change
underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions. Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity. LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives. We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained,
your rights and how to contact us as a data subject.
#J-18808-Ljbffr