Head of North America Trading Operations - Jobs in Toronto Ontario

Job Description

Validus Risk Management is seeking an experienced and driven individual to join our team as the Head of North American Trading Operations. As the Head of NA Trading Operations, you will be responsible for overseeing all aspects of trading operations, ensuring smooth and efficient execution of trades across various markets. You will lead a team of talented professionals and collaborate closely with other departments to develop and implement trading strategies and processes that align with our business objectives.This involves:

• Manage and oversee all trading operations activities, including trade confirmation, payment facilitation, reconciliation and regulatory reporting
• Ensure compliance with regulatory requirements and industry best practices
• Develop and implement trading strategies and processes to optimize trading efficiency and profitability
• Collaborate with other departments, such as risk management and compliance, to ensure effective risk control measures are in place
• Lead and mentor the trading operations team, providing guidance and support
• Monitor and analyse trading data and performance metrics, identifying areas for improvement
• Stay up-to-date with market trends and developments, assessing potential impact on trading operations
• Manage relationships with external counterparties, brokers, and vendors
• Participate in strategic decision-making and contribute to the overall growth and success of the company

• Establishing trading infrastructure (trading lines, ISDA agreements) with investment banks and other counterparties
• Executing derivative trades (as agent) on behalf of clients
• Communicating and coordinating hedging activity with clients
• Ensuring best execution across a variety of derivatives (FX, interest rates, commodities)
• Managing and developing strong relationships with clients and across our banking panel ofgt;50 banks around the world
• Proactively working with clients and Validus colleagues to optimise hedging portfolios
• Designing and presenting hedging solutions to internal and external clients

Primary Responsibilities

• Assist with the trading infrastructure onboarding with investment banks and other counterparties
• Conduct and oversee all trading operations activities, including trade confirmation, payment facilitation, reconciliation and regulatory reporting
• Prepare and send daily regulatory reports
• Collect clients’ financial statements and conduct ATE testing
• Manage LEI renewals
• Manage fund finance operations
• Utilise technology skills to assist with data analysis, developing and automating reports and processes to help the GCM function become more efficient
• Carry out ad-hoc project work and any other ancillary task as assigned by the Department Head
• Monitor and analyse trading data and performance metrics, identifying areas for improvement
• Stay up-to-date with market trends and developments, assessing potential impact on trading operations
• Manage relationships with external counterparties, brokers, and vendors
• Adhere to all internal policies and procedures
• Ensure compliance with regulatory requirements and industry best practices

Requirements

• Minimum of 8 years of experience in trading operations
• In-depth knowledge of financial markets and trading operations, including trade execution, settlement, and risk management
• Strong understanding of regulatory requirements and industry best practices
• Strong analytical and problem-solving abilities
• Exceptional attention to detail and ability to work effectively under pressure
• Excellent communication and interpersonal skills
• Relevant industry certifications (e.g., CFA, FRM) are a plus

Benefits

• You will be eligible to join our generous discretionary Bonus Scheme (paid semi-annually) after 6 months of service

• Private Health Insurance

• Retirement Scheme

Our core company values are;

• Accountability – Getting it done and owning the result.
• Teamwork – We succeed by helping others succeed.
• Integrity – We serve our clients; the responsibility is sacrosanct.
• Diversity – Diversity boosts creativity – creativity is our edge.
• Kaizen – Strive to do things better. Innovation kills complacency.

Validus is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.