Senior Manager - Trading and Trade Management in Leeds

Location: Hybrid - 3 days a week in Leeds

Salary: £70,000 - £90,000

Who we are: interactive investor is an award-winning investment platform that puts its customers in control of their financial future. We’ve been helping investors for nearly 30 years. We’re now the UK’s number one flat-fee investment platform, with assets under administration approaching £75 billion and over 500,000 customers.

Purpose of the Role: The role is responsible for the oversight, design and continual improvement of ii’s Trading and Trade Management functions. This includes ensuring robust execution processes, strong post-trade controls and compliant Settlements and Trade Surveillance operations.

Responsibilities:

• Provide strategic leadership and oversight across Trading, Settlements and Trade Surveillance through the relevant team managers.
• Set direction, priorities and performance expectations for each function, ensuring alignment with ii’s wider strategy and risk appetite.
• Responsibility for Global Trading and Trading Oversight departments FTE management in line with agreed budget.
• Develop and maintain relationships with internal and external third-party providers, especially market counterparties.
• Approval of higher risk transactions and decisions.
• Drive continuous improvement in execution quality, settlement performance, operational resilience and post-trade controls, working through the functional leads.
• Own and maintain ii’s Best Execution Policy, ensuring processes across Trading, Settlements and Surveillance reflect regulatory expectations and best practice.
• Ensure that all trade lifecycle activities operate in line with PRIN, SYSC, MAR, CASS and internal risk and compliance policies.
• Oversee implementation of strong 1st line controls, ensuring procedures are followed, risks are escalated promptly, and remedial actions are tracked.
• Contribute proactively to governance forums by providing insight, constructive challenge and thematic oversight from across the three functional areas.
• Maintain awareness of Business Continuity responsibilities for the complete Trading & Trade Management function.
• Provide senior oversight of daily trading activity, settlement performance, post-trade risks, failed trades and surveillance outcomes, with delivery led by the functional teams.
• Ensure all areas maintain accurate processes, operational discipline and strong control environments supported by effective monitoring.
• Review and challenge key team and process performance indicators and ensure appropriate actions are taken.
• Lead and develop the managers responsible for Trading, Settlements and Trade Surveillance.
• Build capability across the function through coaching, development, objective setting and ongoing performance management.
• Foster a culture of continuous improvement, accountability and strong operational standards.
• Act as the senior point of expertise for execution, settlement operations and trade surveillance across ii.
• Work collaboratively with Compliance, Risk, IT, CASS, Operational areas and external partners (venues, brokers, custodians, etc.) to improve processes and resolve issues.
• Monitor industry, regulatory and market developments and assess their impact on ii’s trading and post-trade operations.

Skills, Knowledge and Experience:

• CISI Level 3 (or equivalent) qualified, with strong knowledge of trading, market operations and post-trade processes.
• Proven background in stockbroking, investment banking or trading operations, with experience overseeing execution, settlements and/or surveillance functions.
• Strong understanding of FCA regulatory requirements relevant to trading and post-trade operations, including PRIN, SYSC, MAR, CASS and Best Execution.
• Robust knowledge of market conduct risk, trade surveillance principles and best-practice control frameworks.
• Strong people management/leadership skills with a track record of leading and developing high performing operational teams.
• Excellent problem solving capability with ability to make decisions calmly and effectively under pressure.
• Strong stakeholder management and effective verbal and written communication skills.
• Deep knowledge and understanding of relevant regulatory, compliance and control requirements, including CASS, in order to manage Regulatory, Financial and Reputational risk.

Benefits:

• Group Personal Pension Plan– 8% employer contribution and 4% employee contribution
• Life Assurance and Group Income Protection
• Private Medical Insurance– Provided by Bupa
• 25 Days Annual Leave, plus bank holidays
• Staff Discounts on our investment products
• Personal & Well-being Fund– Supporting your physical and mental wellness
• Retail Discounts– Savings at a wide range of high street and online retailers
• Voluntary Flexible Benefits– Tailor your benefits to suit your lifestyle

Please Note: We will do our utmost efforts to respond to all applicants. However, due to the high volume of applications we’re currently receiving, if you haven’t been contacted within 30 days of application, please consider unsuccessful. interactive investor operates in accordance with the UK Equality Act 2010. We welcome applications from individuals of all ages, disabilities, gender identities, marital status, pregnancy/maternity, race, religion or belief, sex, and sexual orientation. We are committed to treating all applicants fairly and making reasonable adjustments where needed to support disabled applicants. We actively prevent all forms of discrimination, harassment, and victimisation—whether direct, indirect, associative, or perceptive.