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The role involves leading the Books and Records Oversight within Markets Operations, focusing on strengthening the control framework and accounting practices. The candidate will be responsible for strategic delivery, managing financial controls, overseeing accounts and reconciliation processes, handling issue management, and collaborating with Finance, Transformation teams, and other departments to maintain robust accounting practices. The ideal candidate should have significant industry expertise, leadership skills, and communication abilities.
Job Responsibility:
Drive strategic delivery of key initiatives and continuous improvements across the books and records function
lead and oversee line operations teams to maintain relevant metrics and controls
ensure balance sheet substantiation with Finance team and implement effective controls
foster understanding of accounting practices across the Markets Ops team
establish and maintain Operations chart of accounts
ensure consistent roles and responsibilities for account population control and reconciliation requirements
work with teams to identify and resolve issues causing exceptions and breaks
ensure robust financial controls in collaboration with technology and transformation teams
participate in firm-wide programs related to accounting and books and records
represent Markets Operations at governance forums
strengthen issue management processes and timely escalation of emerging risks
Requirements:
20+ years relevant experience
industry expertise in financial accounting and the operational aspects of books and records management and account management
experience as finance professional/background/degree
working experience in technology creating products setup, UAT working with Finance/Market Ops people and understanding of products
ability to measure and assess the impact of stress shocks including fat-tailed risks
well-versed in reviewing the dimensions of franchise risk
strong leadership skills
serves as a point of escalation for key issues or time-sensitive decisions
ability to respond to challenges with creative solutions, adapts to changing business needs
demonstrated ability to make sound judgment calls on issues that can be both quantitative and qualitative in nature
able to manage issues associated with operational risk capital, in partnership with the business, Finance, and the Risk organization
demonstrated skills in coaching and serving as a mentor
excellent communication skills both verbal and written
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