Vice President, Electronic Trading Risk & Control - Venues Management - NatWest Group - #2120490

Join us as a Vice President in Electronic Trading Risk & Control - Venues Management

• We'll look to you to provide electronic trading risk subject matter expertise to enable the oversight and enhancement of the global risk and control framework
• You'll review and assess adherence to the relevant electronic trading policies
• This is a prominent role in which your ability to develop stakeholder relationships will be as important as your risk management skills

What you'll do

In this role, you'll run and improve the three electronic trading control lifecycles, including the algorithm lifecycle, the automated control lifecycle, and the e-platform lifecycle. You'll be responsible for ensuring that electronic and algorithmic trading is well governed and well controlled, working with the business heads to enable growth and innovation. Furthermore, we'll look to you to investigate and respond to electronic trading risk issues, internal reviews, and regulatory inquiries.

Supporting the administration of the e-trading governance structure, including the Electronic Trading Risk Committee, you'll design and help develop analytical tools to monitor and manage risks associated with electronic trading. You'll conduct design and control effectiveness testing of various pre and post trade controls, and monitoring of control trigger alerts, escalating alerts to traders to resolve issues. You'll also drive the high quality execution of transformation deliverables to demanding timelines and provide timely, impactful updates on progress and escalation of significant risks and delivery barriers.

You'll also:

• Deliver regulatory remediation in the electronic trading space, in a cohesive, holistic and cost-efficient manner
• Identify, log and mitigate non-market risks, including operational, conduct, reputational, regulatory and technology, inherent in the electronic trading businesses where appropriate
• Assist with Internal Audit's reviews of the relevant control landscape
• Advise business heads to continually refine the operating model for electronic trading
• Review design specifications, test cases, and test scripts, write final assessment reports, and work with key stakeholders to review inherent and residual risk assessments for key risks across Markets
• Support the population of algo inventory, including recording best practice control descriptions
• Ensure the successful onboarding of new venues and their Trading GUIs
• Review and assess controls on Trading GUIs, including appropriateness of limits

The skills you'll need

To succeed in this role, you'll need operational experience within an electronic trading business along with knowledge of financial services risk and control at different levels of the organisation.

Along with excellent communication and interpersonal skills, you'll have the ability to effectively collaborate with cross-functional teams and influence stakeholders at all levels. You'll have proven expertise in risk management and project management roles within an investment bank or top tier consultancy. You'll also have excellent analytical, problem-solving, and decision-making skills, with the ability to interpret complex data. Knowledge of data query languages such as SQL would be beneficial, as would knowledge of programming languages such as Python.

You'll also need:

• Strong understanding of electronic and algorithmic trading, market microstructure, and trading controls
• Experience in risk management, control testing, and governance within a trading environment
• The a bility to analyse data, interpret control alerts, and recommend actionable solutions
• Strong knowledge of regulatory expectations around electronic trading, such as MiFID II, MAR, PRA SS5/18
• Proven delivery experience in change, remediation, or transformation programmes