At a Glance
- Tasks: Lead daily operations and trade support for Futures Clearing, ensuring compliance and efficiency.
- Company: Join CITIC Securities International, a top investment bank connecting China to global markets.
- Benefits: Enjoy a full-time role with opportunities for professional growth and development.
- Why this job: Be part of a dynamic team driving strategic projects in a rapidly expanding business.
- Qualifications: 10+ years in derivatives, strong leadership skills, and expertise in Futures & Options required.
- Other info: This is a director-level position with a focus on client service and operational excellence.
The predicted salary is between 72000 - 108000 £ per year.
This newly created role supports CITIC-CLSA’s rapidly expanding Exchange Traded Derivatives (ETD) business, overseeing operational and trade support functions across global markets. The position involves managing day-to-day operations, engaging with exchange representatives and internal stakeholders to deliver strategic projects, and ensuring compliance with regulatory and operational standards. The candidate will lead system analysis, new market implementations, and maintain detailed operational procedures to support the Futures Clearing business, with a particular focus on physical contracts and exchange-traded Futures & Options (F&O). This role also includes client service management, margin oversight, regulatory reporting, and staff development.
Key Areas of Responsibilities
- Manage daily operational functions and trade support activities for ETD.
- Lead and ensure the successful delivery of strategic projects, including system analysis and implementation and new market onboarding.
- Engage proactively with exchange representatives and internal stakeholders to expedite project deliverables.
- Oversee trade lifecycle event management, margin management, and regulatory reporting to ensure accuracy and timeliness.
- Maintain and update operational procedures, workflows, and rulebooks, ensuring adherence to regulatory standards.
- Coordinate rehearsals and testing of Business Continuity Planning (BCP) contingencies.
- Manage client service activities, focusing on a predominantly Chinese client base.
- Ensure all referential data is accurate and complete.
- Manage give-up invoicing processes.
- Collaborate with IT, Credit Risk, Finance, and other operational departments to establish and oversee robust operating procedures.
- Manage, develop, and appraise staff, and foster a proactive team environment.
Requirements
- Minimum of ten years of derivatives experience, with a focus on exchange-traded Futures & Options (F&O).
- Proven expertise in F&O workflow management, especially physical contracts.
- Strong knowledge of clearing house rules and regulations for key commodity exchanges (LME & ICE).
- Prior experience as the operational SME for significant projects, such as new clearing memberships and market changes.
- Ability to define, establish, and oversee operational procedures in collaboration with IT and risk departments.
- Strong leadership skills, with the capability to manage a small team and operate hands-on in daily activities.
- Self-driven, proactive, and confident in managing senior stakeholder relationships.
- Outgoing personality with strong interpersonal skills to develop trust and respect.
- Excellent communication and stakeholder management skills, with the ability to lead and influence cross-functional teams.
Head of Operations, UK, Futures Clearing employer: CLSA
Contact Detail:
CLSA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Operations, UK, Futures Clearing
✨Tip Number 1
Network with professionals in the derivatives and finance sectors, especially those with experience in exchange-traded Futures & Options. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends.
✨Tip Number 2
Familiarise yourself with the specific clearing house rules and regulations for key commodity exchanges like LME and ICE. This knowledge will not only boost your confidence but also demonstrate your commitment to the role during discussions.
✨Tip Number 3
Prepare to discuss your previous experiences managing operational functions and leading strategic projects. Be ready to share specific examples that highlight your leadership skills and ability to work with cross-functional teams.
✨Tip Number 4
Showcase your interpersonal skills by engaging with current employees on platforms like LinkedIn. Understanding the company culture and values can help you tailor your approach and make a positive impression.
We think you need these skills to ace Head of Operations, UK, Futures Clearing
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in derivatives and operational management. Focus on your expertise in exchange-traded Futures & Options, and any leadership roles you've held that demonstrate your ability to manage teams and projects.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities outlined in the job description, particularly your experience with regulatory compliance and client service management.
Highlight Key Achievements: When detailing your work history, emphasise specific achievements that relate to the key areas of responsibility for this role. Use metrics where possible to showcase your impact, such as successful project completions or improvements in operational efficiency.
Prepare for Potential Questions: Anticipate questions related to your experience with operational procedures and stakeholder management. Be ready to discuss how you've handled challenges in previous roles, particularly in relation to managing teams and engaging with senior stakeholders.
How to prepare for a job interview at CLSA
✨Showcase Your Derivatives Expertise
Make sure to highlight your extensive experience in derivatives, particularly with exchange-traded Futures & Options. Be prepared to discuss specific projects you've led and how your expertise can benefit the operational functions at CITIC-CLSA.
✨Demonstrate Leadership Skills
As this role involves managing a small team, it's crucial to showcase your leadership abilities. Share examples of how you've developed and appraised staff in previous roles, and how you foster a proactive team environment.
✨Engage with Stakeholders
Since the position requires strong stakeholder management skills, prepare to discuss how you've successfully engaged with senior stakeholders in the past. Highlight your communication strategies and how you've built trust and respect within cross-functional teams.
✨Understand Regulatory Standards
Familiarise yourself with the clearing house rules and regulations for key commodity exchanges like LME & ICE. Be ready to discuss how you've ensured compliance in previous roles and how you plan to maintain operational procedures that adhere to these standards.