Senior Specialist- Operational Risk & RCSA

In this role, you will:

• Assist in lifecycle support for institutional trade flow
• Manage client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, general ledger reconciliation, as well as, work to resolve confirmation and ISDA related issues
• Lead or participate in moderately complex initiatives and deliverables
• Contribute to large scale planning related to process, procedures and efficiencies with internal and industry related initiatives
• Identify and recommend opportunities for process improvement and risk control development
• Provide leadership to bring groups together to resolve multi-faceted complex issues
• Serve as a leader on projects along with internal and industry related initiatives
• Review and analyze complex functional and operational tasks that require in-depth evaluation
• Exercise independent judgment and resolution to guide the deliverable
• Resolve moderately complex issues
• Lead team to meet functional area projects, and process deliverables
• Leverage solid understanding of functions, policies, procedures and compliance requirements
• Mentor and assist analysts
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

You will be required to have Capital Markets experience, will be responsible for executing the Process review and Enhancement (PRE) Self Inspection program (SIP), Business Continuity Planning (BCP), weekly production of WFS Operations metric program and assisting in monthly processing for Sub-Ledger Account Substantiation (SLAS).

Key Responsibilities:

• The candidate is expected to conduct Walk through (Process Risk Reviews) sessions with the different operations teams and socialize the team members in order to maintain a collaborative environment to perform process gap analysis, control testing, Metric Mapping, Identifying Key risk indicators and continuous monitoring.
• Is expected to understand various aspects in Risk and Control Framework, like RCSA, Incident Management, Issue Management, Control Testing and Validation.
• Team member heavily involves in interacting with EMEA business partners in delivering the responsibilities like control testing, Incident Reporting, Risk reviews.
• The successful candidate will be responsible for supporting these work streams.
• For SIP, the candidate will work closely with EMEA(UK) manager on executing assessment of WFS Operations functions.
• For BCP, the candidate will collaborate with the business units to evaluate the design and performance of testing and plans, identifying gaps and measuring the effectiveness of those plans in managing operational risk.
• For WFS Operations Strategy and Metrics, the candidate will contribute to the KRI/KPI/KCI metric platform for local teams across the organization as part of team strategy. 
• For SLAS, the candidate will be responsible for assisting in production and testing of sub-ledger account reconciliations across WFS Operations.
• Successful candidates will need to build and manage cross-functional, cross-organizational relationships through consistent collaboration.
• The individual will also work with technical and operational partners throughout WFS.

Required Qualifications:

• 4+ years of Institutional Investment Operations experience
• Experience in Capital Market operations/middle office operations into the trade life cycle of static data, confirmations, settlements, reconciliations and investigations.
• Good amount of working experience in the product classes like FX, equity, fixed income with the functional expertise of brokerage, broker dealer services.
• Moderate experience in Operational risk, specifically identifying and assessing the Key risks, Key Controls, and key risk indicators
• English language proficiency. Ability to work nights
• Attention to detail
• Understanding of the processes flows, process gaps and controls associated with a Capital Market operations/middle office operations
• Knowledge of BCP and Risk Mgt.
• MS Office skills

Desired Qualifications:

• Understanding Capital Markets and the different product taxonomies within the business segments (FX, Derivatives, Brokerage)
• Knowing Risk function deliverables like Key Risks & Controls and the testing thereof
• Importance and role of MIS

Preferred Skills:

• Knowledge of the systems: GMI, Intellimatch, Imagine, Broadridge, Calypso
• Good team player
• Working experience in Corporate investment banking in the capacity of operational risk role