At a Glance
- Tasks: Support senior leadership in strategic initiatives and operational efficiencies across EMEA Prime Brokerage.
- Company: Join a Fortune 100 company connecting clients to global markets with innovative solutions.
- Benefits: Competitive salary, career progression, and a dynamic work environment.
- Other info: Collaborative culture with opportunities for global knowledge sharing.
- Why this job: Be part of a transformative team driving business innovation and efficiency.
- Qualifications: Experience in business management within capital markets and strong project management skills.
The predicted salary is between 60000 - 80000 £ per year.
Overview
Connecting clients to markets – and talent to opportunity.
With 5,400+ employees and over 80,000 institutional, commercial, and payments clients, we operate from more than 80 offices spread across six continents.
As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.
Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, Stone X Group is made up of four business segments that offer endless potential for progression and growth.
Business segment overview
Institutional
Immerse yourself in the best-in-class institutional-grade technology, working alongside industry experts and gaining exposure to various asset classes, such as equities, options, fixed income securities, and advanced trading, research, and management technology.
Job purpose
New Business Manager role to support senior leadership across EMEA Prime Brokerage and London Cross Asset Sales teams, with responsibility for managing the teams’ strategic initiatives and governance frameworks, whilst implementing operational efficiencies.
The role will work closely with the senior leadership, sales and trading, technology and across all control teams.
Responsibilities
- Support the business heads with the implementation of their strategic initiatives.
- Support new business approval processes, ensuring appropriate sign-off frameworks are in place for new products, markets, and client relationships.
- Drive business transformation initiatives including technology and infrastructure improvements, operating model reviews, and product or market expansion projects.
- Manage and continually review vendor use across teams.
- Work closely with the control groups to improve the efficiency and timelines associated with client onboarding.
- Maintain a robust governance framework for the business, including management of operational risk events, incident escalation, and the implementation of audit recommendations.
- Monitor the evolving regulatory landscape (including but not limited FCA, EMIR, Mi FID II) and ensure timely escalation and response to new requirements impacting the business.
- Maintain accurate market access documentation for all products, which should be continually reviewed across the regional compliance teams
- Act as a control point for regulatory submissions and internal audit requirements relevant to the PB and cross-asset platform
- Develop and track KPI’s to drive cost efficiency
- Work with Finance to ensure revenue and costs are reflected correctly on the balance sheet
- Produce and present P&L commentary and management information to senior leadership and group finance on a regular basis.
- Work with business heads on creation and tracking of team’s budgets.
- Build and maintain strong working relationships with counterpart business managers and COOs across other Stone X divisions globally, facilitating knowledge sharing and best practice adoption.
Qualifications
- Significant experience in a Business Manager or COO role within prime brokerage, cross asset sales, or a closely related institutional capital markets business.
- Degree educated preferred.
- Hands-on experience of regulatory reporting obligations and control frameworks relevant to FCA-regulated broker-dealers or investment banks.
- Strong project management credentials
- Understanding of the current regulatory environment, geo-political & economic drivers and the impacts of regulatory & economic change on this business and its client base.
- Excellent written and verbal communication as well as customer service skills.
- Proficient knowledge of Microsoft Excel, Powerpoint.
- Strong analytical skillset, able to display sound judgement and commercial mindset.
- Excellent organisation and multitasking skills.
- Desire to work as part of a broader global team across disparate geographies.
- Autonomous self-starter, able to work under own initiative.
- Strong work ethic, with an emphasis on attention to detail.
- Must be flexible to work foreign market hours when necessary.
- Always Maintaining the highest-level of Integrity
- Permanent, full-time, #LI-SD1
Business Manager - Capital Markets in London employer: StoneX
At StoneX Group, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration. With a strong focus on employee growth, our EMEA office provides unique opportunities for professional development in the financial services sector, supported by a culture that values diversity and inclusion. Join us to be part of a forward-thinking team dedicated to making a meaningful impact in Financial Crime Prevention while enjoying the benefits of a Fortune 100 company.
StudySmarter Expert Advice🤫
We think this is how you could land Business Manager - Capital Markets in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like StoneX. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Business Manager - Capital Markets in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to StoneX.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on StoneX's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at StoneX
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with StoneX.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at StoneX will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former StoneX employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.