ET COR Risk Manager

Job Description:The Compliance and Operational Risk (C&OR) Manager is responsible for engaging in activities to provide independent compliance and operational risk oversight of Front Line Unit or Control Function ("FLU/CF") performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs). As a member of an FLU or CF C&OR officer team, the C&OR Manager is accountable for proactive identification, management and escalation of compliance and operational risks through the execution of some or all of the below identified activities. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls.The C&OR Manager proactively engages with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second line''s risk management activities. The C&OR Manager prepares materials for C&OR regulatory exams/audits/inquiries and may provide consultation to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries.The C&OR Manager plans, drives and reviews team deliverables to support consistent quality of activities, processes and outputs. This role may contribute as a manager responsible for providing leadership direction to attract, assess, develop, motivate and retain a team, or may act as an individual contributor.The C&OR Manager contributes to the requirements of the CORM Program requirements including, but not limited to the following activities:• Produces and/or oversees the development of independent risk management reporting for respective area(s) of coverage as input governance and management routines• Provides subject matter expertise to assist the FLU/CF in establishing an annual learning plan, may be accountable for developing and delivering training content• Develops and maintains C&OR-owned policies and standards and/or provides oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable• Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage, advises business leaders on those changes, directs the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenges the implementation plan as needed; maintains a comprehensive regulatory inventory• Identifies, aggregates, reports, escalates, inspects and challenges remediation plans, and performs thematic analysis on FLU/CF-owned issues and control enhancements• Ensures C&OR "owned" issues and control enhancements are identified and addressed appropriately and timely• Contributes to or leads development of risk coverage plans, executes and / or oversees execution of independent risk monitoring, testing and risk assessments, communicates results• Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)• Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriate• Participates in Scenario Analysis activities for coverage areas and challenges as appropriate• Ensures metrics are designed to measure key risks and control performance, monitors and reports on metric performance and breach remediationRequired Skills: Minimum Years of Business & Functional Experience: 7 YearsDegree Required: Bachelor''s Degree; May require regulatory examination/registration or certification depending on jurisdiction and roleThe Fixed Income, Currencies and Commodities ("FICC") Electronic Trading Compliance and Operational Risk ("C&OR") Manager is responsible for providing independent compliance and operational risk oversight of Front Line Unit ("FLU") and Control Function ("CF") performance and any related third party/vendor relationships in alignment with the Global Compliance Enterprise Policy, the Operational Risk Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs). The C&OR Manager demonstrates and applies business acumen to promote a culture of risk management and the identification, escalation and timely mitigation of compliance and operational risks. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls• The C&OR Manager plans, drives and reviews team deliverables to support consistent quality of activities, processes and outputs. Requirements for the C&OR Manger include:• Experience covering a fixed income electronic trading business and has familiarity with the work flows, tools, services, marketing and other offerings of such businesses;• Knowledge of fixed income market structure and electronic trading dynamics, including data management and workflows;• Understanding of trade processing systems, technology, and /or structure;• Quantitative and/or risk management skills and experience;• Knowledge of laws, rules and regulation ("LRRs") applicable to order creation and capture, routing, execution and post trade activities and the order management systems and platform infrastructures that support them across FICC markets and platforms;• Experience in the compliance coverage of an internal SEC-registered Alternative Trading System(s) or electronic trading venues.• Ability to dispense expert compliance and operational risk guidance with respect to the creation of and changes to trading algorithms and direct execution paths working within an Electronic Trading infrastructure;• Experience building or having primary input into to the creation of surveillance reports and testing models for use in the area of Electronic Trading order and execution flowsHas first-hand experience in the area of compliance risk assessment and policy creation across all aspects of electronic trading;• Able to independently lead projects and drive change with Senior Business and Risk Management teams• Experience in building broad compliance programs in the area of electronic trading; and• 8-10 years working in same arena or relevant risk management experience.Required skills:Minimum Years Business & Functional Experience: 8 YearsDegree Required: Bachelor''s Degree or equivalent experience; May require FINRA registration, Series 7, 14, 24, as indicated by job codeDesired skills:- Financial Services or similarly regulated sectorJob Band:H4Shift: 1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:0 --> Job Description:The Compliance and Operational Risk (C&OR) Manager is responsible for engaging in activities to provide independent compliance and operational risk oversight of Front Line Unit or Control Function ("FLU/CF") performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs). As a member of an FLU or CF C&OR officer team, the C&OR Manager is accountable for proactive identification, management and escalation of compliance and operational risks through the execution of some or all of the below identified activities. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls.The C&OR Manager proactively engages with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second line''s risk management activities. The C&OR Manager prepares materials for C&OR regulatory exams/audits/inquiries and may provide consultation to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries.The C&OR Manager plans, drives and reviews team deliverables to support consistent quality of activities, processes and outputs. This role may contribute as a manager responsible for providing leadership direction to attract, assess, develop, motivate and retain a team, or may act as an individual contributor.The C&OR Manager contributes to the requirements of the CORM Program requirements including, but not limited to the following activities:• Produces and/or oversees the development of independent risk management reporting for respective area(s) of coverage as input governance and management routines• Provides subject matter expertise to assist the FLU/CF in establishing an annual learning plan, may be accountable for developing and delivering training content• Develops and maintains C&OR-owned policies and standards and/or provides oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable• Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage, advises business leaders on those changes, directs the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenges the implementation plan as needed; maintains a comprehensive regulatory inventory• Identifies, aggregates, reports, escalates, inspects and challenges remediation plans, and performs thematic analysis on FLU/CF-owned issues and control enhancements• Ensures C&OR "owned" issues and control enhancements are identified and addressed appropriately and timely• Contributes to or leads development of risk coverage plans, executes and / or oversees execution of independent risk monitoring, testing and risk assessments, communicates results• Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)• Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriate• Participates in Scenario Analysis activities for coverage areas and challenges as appropriate• Ensures metrics are designed to measure key risks and control performance, monitors and reports on metric performance and breach remediationRequired Skills: Minimum Years of Business & Functional Experience: 7 YearsDegree Required: Bachelor''s Degree; May require regulatory examination/registration or certification depending on jurisdiction and roleThe Fixed Income, Currencies and Commodities ("FICC") Electronic Trading Compliance and Operational Risk ("C&OR") Manager is responsible for providing independent compliance and operational risk oversight of Front Line Unit ("FLU") and Control Function ("CF") performance and any related third party/vendor relationships in alignment with the Global Compliance Enterprise Policy, the Operational Risk Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs). The C&OR Manager demonstrates and applies business acumen to promote a culture of risk management and the identification, escalation and timely mitigation of compliance and operational risks. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls• The C&OR Manager plans, drives and reviews team deliverables to support consistent quality of activities, processes and outputs. Requirements for the C&OR Manger include:• Experience covering a fixed income electronic trading business and has familiarity with the work flows, tools, services, marketing and other offerings of such businesses;• Knowledge of fixed income market structure and electronic trading dynamics, including data management and workflows;• Understanding of trade processing systems, technology, and /or structure;• Quantitative and/or risk management skills and experience;• Knowledge of laws, rules and regulation ("LRRs") applicable to order creation and capture, routing, execution and post trade activities and the order management systems and platform infrastructures that support them across FICC markets and platforms;• Experience in the compliance coverage of an internal SEC-registered Alternative Trading System(s) or electronic trading venues.• Ability to dispense expert compliance and operational risk guidance with respect to the creation of and changes to trading algorithms and direct execution paths working within an Electronic Trading infrastructure;• Experience building or having primary input into to the creation of surveillance reports and testing models for use in the area of Electronic Trading order and execution flowsHas first-hand experience in the area of compliance risk assessment and policy creation across all aspects of electronic trading;• Able to independently lead projects and drive change with Senior Business and Risk Management teams• Experience in building broad compliance programs in the area of electronic trading; and• 8-10 years working in same arena or relevant risk management experience.Required skills:Minimum Years Business & Functional Experience: 8 YearsDegree Required: Bachelor''s Degree or equivalent experience; May require FINRA registration, Series 7, 14, 24, as indicated by job codeDesired skills:- Financial Services or similarly regulated sectorJob Band:H4Shift: 1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:0 Job Description:The Compliance and Operational Risk (C&OR) Manager is responsible for engaging in activities to provide independent compliance and operational risk oversight of Front Line Unit or Control Function ("FLU/CF") performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs). As a member of an FLU or CF C&OR officer team, the C&OR Manager is accountable for proactive identification, management and escalation of compliance and operational risks through the execution of some or all of the below identified activities. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls.The C&OR Manager proactively engages with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second line''s risk management activities. The C&OR Manager prepares materials for C&OR regulatory exams/audits/inquiries and may provide consultation to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries.The C&OR Manager plans, drives and reviews team deliverables to support consistent quality of activities, processes and outputs. This role may contribute as a manager responsible for providing leadership direction to attract, assess, develop, motivate and retain a team, or may act as an individual contributor.The C&OR Manager contributes to the requirements of the CORM Program requirements including, but not limited to the following activities:• Produces and/or oversees the development of independent risk management reporting for respective area(s) of coverage as input governance and management routines• Provides subject matter expertise to assist the FLU/CF in establishing an annual learning plan, may be accountable for developing and delivering training content• Develops and maintains C&OR-owned policies and standards and/or provides oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable• Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage, advises business leaders on those changes, directs the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenges the implementation plan as needed; maintains a comprehensive regulatory inventory• Identifies, aggregates, reports, escalates, inspects and challenges remediation plans, and performs thematic analysis on FLU/CF-owned issues and control enhancements• Ensures C&OR "owned" issues and control enhancements are identified and addressed appropriately and timely• Contributes to or leads development of risk coverage plans, executes and / or oversees execution of independent risk monitoring, testing and risk assessments, communicates results• Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)• Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriate• Participates in Scenario Analysis activities for coverage areas and challenges as appropriate• Ensures metrics are designed to measure key risks and control performance, monitors and reports on metric performance and breach remediationRequired Skills: Minimum Years of Business & Functional Experience: 7 YearsDegree Required: Bachelor''s Degree; May require regulatory examination/registration or certification depending on jurisdiction and roleThe Fixed Income, Currencies and Commodities ("FICC") Electronic Trading Compliance and Operational Risk ("C&OR") Manager is responsible for providing independent compliance and operational risk oversight of Front Line Unit ("FLU") and Control Function ("CF") performance and any related third party/vendor relationships in alignment with the Global Compliance Enterprise Policy, the Operational Risk Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs). The C&OR Manager demonstrates and applies business acumen to promote a culture of risk management and the identification, escalation and timely mitigation of compliance and operational risks. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls• The C&OR Manager plans, drives and reviews team deliverables to support consistent quality of activities, processes and outputs. Requirements for the C&OR Manger include:• Experience covering a fixed income electronic trading business and has familiarity with the work flows, tools, services, marketing and other offerings of such businesses;• Knowledge of fixed income market structure and electronic trading dynamics, including data management and workflows;• Understanding of trade processing systems, technology, and /or structure;• Quantitative and/or risk management skills and experience;• Knowledge of laws, rules and regulation ("LRRs") applicable to order creation and capture, routing, execution and post trade activities and the order management systems and platform infrastructures that support them across FICC markets and platforms;• Experience in the compliance coverage of an internal SEC-registered Alternative Trading System(s) or electronic trading venues.• Ability to dispense expert compliance and operational risk guidance with respect to the creation of and changes to trading algorithms and direct execution paths working within an Electronic Trading infrastructure;• Experience building or having primary input into to the creation of surveillance reports and testing models for use in the area of Electronic Trading order and execution flowsHas first-hand experience in the area of compliance risk assessment and policy creation across all aspects of electronic trading;• Able to independently lead projects and drive change with Senior Business and Risk Management teams• Experience in building broad compliance programs in the area of electronic trading; and• 8-10 years working in same arena or relevant risk management experience.Required skills:Minimum Years Business & Functional Experience: 8 YearsDegree Required: Bachelor''s Degree or equivalent experience; May require FINRA registration, Series 7, 14, 24, as indicated by job codeDesired skills:- Financial Services or similarly regulated sectorShift:1st shift (United States of America)Hours Per Week: 40

Created: 2021-11-29