MARKETS MIDDLE OFFICE PROJECT SUPPORT-UK

Job Description

Enhance intra-day systems, processes and controls to support Business Protection in SLB Markets MO, reducing risk to the business.

Daily tasks will include:

•      Historically, all controls related to Markets Middle Office are detective after the event. This has resulted in errors being detected too late to avoid a loss being identified or a regulatory breach being identified.

•      Markets MO would like to update processes to introduce better preventive controls, that can be run earlier and more often reducing the risk or loss or regulatory censure.

•      A number of processes have been identified that can benefit from philosophy on best practise controls and which the following actions are required:

•      Update process / TOM’s with additional controls included

•      Identify opportunities to run controls in automated fashion to reduce Operational risk

•      Identify were manual processes are being run to support system limitations creating Financial and Non Financial Risk

•      Develop Business Requirements to close system defects

 Core Requirements / Skills:

·        A good understanding of Derivatives especially interest rate derivatives

·        Experience with analysis and reconciliations as well as problem solving capabilities

·        Good level Excel

·        Knowledge of Murex and MarkitWire would be beneficial

·        Good communication skills