Transaction Management - Manager Grade

The Risk division encompasses Credit Risk, Market Risk, Operational Risk, Business Continuity Management, Country Risk, Model Risk and Physical Commodities Risk Assurance disciplinesWork in partnership with the Front Office and Support Functions (including Legal, Credit Risk, Operations and Product Control) to ensure Global Market transactions are executed and captured in our risk management systems, in line with the product approval and legal documentation.The successful candidate will contribute to the Front to Back (FTB) change delivery in collaboration with senior management across all Support Functions.Key ResponsibilitiesRisk and Control ManagementConduct Transaction Assurance reviews on selected non-standard loans and structured derivatives executed by Global Markets Verify trade bookings and ensure the trade details are captured in line with the executed legal documentation, Product Approvals and governance committee papers. Present findings to the Transaction Assurance Forum and partner with the Support Functions to design and implement actions to address improvements identified from the Assurance reviewMonitor and verify margin calculations and covenant ratio triggers do not breach the agreed thresholdsCollaborative with all Support Functions to address booking discrepancies and identify process improvements to reduce Operational RiskRecord material events in the Operational Risk Management system Escalate and report trade booking errors to senior managementAnalyse booking discrepancies for trends to enhance the control environmentProduce regular Management Information (MI) analysis and present it to senior managementWorking collaboratively with the Bank’s second and third line of defence to remediate risks issues.Processes and ProceduresEstablish new procedures and ensure they are maintained as TMU’s responsibilities increaseConsistently apply and enhance the Trade Assurance Framework to all in-scope transactions Review and challenge existing processes and procedures to identify potential control deficiencies that could create operational weaknesses in the Bank's control framework. Change ManagementCollaborate with Technology and Support Functions to improve the loan infrastructure to facilitate growth. Partner with Global Markets and Operations management to ensure new products and process changes are fully embedded into the loans and structured derivatives workflow