VP Collateral, Margin & Valuations Services (CMVS) Middle Office Settlements
Job Summary
Role: VP Collateral Margin & Valuations Services (CMVS) / Middle Office Settlements
Location: Glasgow Hybrid 4 days per week on site 1 day working from home
Start Date: ASAP until end of Jan 2027 initially
Daily Rate: Competitive Inside IR35
Payroll provider Rockford Payroll Info for Contingent Workers Rockford Pay
Main Duties and Responsibilities
- Own and oversee delivery of CMVS (Collateral Margin & Valuations Services) processes across margin calculation reconciliation and collateral settlement ensuring outputs are complete accurate and controlled
- Provide oversight of controls within core margin platform ensuring issues are identified assessed and appropriately actioned.
- Review and challenge exceptions breaks and disputes ensuring appropriate resolution strategies and escalation where required.
- Act as primary escalation point for complex issues coordinating across eg. Business Risk and Technology to drive resolution
- Maintain accountability for control execution within the function including ensuring controls are appropriately designed embedded and evidenced.
- Lead and deliver process improvement and control enhancement initiatives including automation standardisation and reduction in manual intervention.
- Drive delivery of strategic change programmes translating business requirements into implementable solutions.
- Provide oversight of MI and reporting ensuring themes risks and trends are clearly articulated and e escalated to senior stakeholders.
- Engage with Audit Operational Risk and Control functions providing clear articulation of process design control operation and remediation activity.
- Support resource planning prioritisation and oversight of junior team members to ensure consistent delivery against BAU and change objectives.
Basic Qualifications:
- Strong experience in collateral management / margin operations with demonstrated understanding of end-to-end margin lifecycle and associated risks.
- Proven ability to oversee and challenge operational processes controls and outputs in a complex environment.
- Experience in managing or leading process improvement and change initiatives including control uplift and automation.
Strong understanding of control frameworks and governance expectations including audit and risk interaction. - Margin experience ideally or general middle office experience with settlements
- Ability to assess and articulate operational risk control effectiveness (in terms of execution) and required remediation actions.
- Advanced analytical capability with ability to interpret complex data and identify root causes and themes.
- Strong stakeholder management skills with experience engaging senior business risk and technology partners.
- Demonstrated ability to prioritise across BAU delivery and change activity while maintaining control discipline
- Change / BA and / or project management experience within a Mkts Ops setting would also be considered
Preferred Qualifications:
- Strong knowledge of control architecture (input calculation movement output) within core margin platforms
- Experience leading control uplift transformation or strategic programmes
- Ability to leverage data analytics and emerging AI tooling to enhance control visibility MI and process efficiency.
- Track record of engagement with stakeholders and governance forums including ownership of remediation outcomes.
#Li-Hybrid
Required Skills:
CMVS Collateral Margin Valuations Services control frameworks audit interaction