Job Description

Asset Oversight Business Control Manager
Job Number: 19-09667
Grab the opportunity to achieve your full potential! Eclaro is looking for an Asset Oversight Business Control Manager for our client in New York, NY.
Eclaro’s client is one of the world's largest financial institutions, committed to providing the tools and services that bridge the gap between customers and their goals. If you’re up to the challenge, then take a chance at this rewarding opportunity!
  • Oversight of Client Asset Protection requirements for in scope regulations in the US, namely SEC 15c3-3 regulations and CFTC regulations
  • Management of 15c3-3 Possession or Control calculations / CFTC FCM client protection calculations for 3 U.S. broker-dealers/FCMs, as well as management of specific Prime Brokerage re-hypothecation related processes and controls for the U.S. broker-dealers
  • Management and preparation of the client asset protection governance processes, which includes monthly senior Client Asset Governance meeting as well as updates to specific legal entity Boards, GBAM Operations risk and business review meetings
  • Management of internal and external audit and regulatory reviews as well as monitoring any audit issues raised for the CACG group or across the Firm related to Customer Asset protection. In this capacity there will be regular interaction with multiple regulators and the Firms external auditors PWC
  • Management of the Client Asset incident management processes, including the evaluation and tracking of incidents raised in operations and other support functions and business and proactive management of any day to day issues e.g. system outages impacting the CACG processes
Required Experience:
  • Regulatory awareness – A strong regulatory understanding of the 15c3-3 and/or CFTC regulations in the US as they impact a broker dealer environment
  • Broker-dealer experience – previous experience in a major US broker dealer, either in a Regulatory role, operations role or business role
  • Product experience – General knowledge across all operations product processes and control environment. Detailed knowledge of securities product including operation of markets and settlement in a Client
  • Experience of identifying and managing risk, control and regulatory issues including experience of interaction with internal and external regulators and audit
Required Skills:
  • A strong ability to influence across a large organization and interact with senior management within Business, Operations, Finance, Legal, and Compliance partners
  • Strong communicator both written and verbal. An ability to 'translate' and explain complex regulations and their applicability to in scope processes
  • Analysis skills (data and process) - Ability to analyses control process to identify key issues and determine impact
  • Influence - Ability to influence outside of direct team to facilitate changes to control and regulatory environment
  • Organizational Skills - Excellent organizational & multi-tasking skills to support client money and transaction reporting oversight groups
  • Communication - Ability to deal and communicate at all levels within the organization. Advanced written, verbal and presentational skills
  • Execution - Anticipates risks and obstacles and devises plans to manage. Puts processes in place to ensure that the business meets regulatory requirements
  • Change Leadership - Challenges the status quo; continually seeks to do things better. Champions new ideas and initiatives. Pursues aggressive goals and continuously raises performance expectations to achieve excellence. Promotes continuous learning and development
  • Energy & Drive - Takes personal ownership for delivery of own team and due to front to back nature of the role, also across the organization. Sets high performance expectations and creates a sense of urgency in others
If interested, you may contact:
Brigette Marks
Bridgette Marks | LinkedIn
Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

Application Instructions

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