Swap Dealer - Middle Office Manager

Location: Cincinnati
Posted on: January 14, 2021

Job Description:

GENERAL FUNCTION:

The Middle Office Manager will manage the Swap Dealer Middle Office function within the Swap

Dealer Division of the Commercial Line of Business.

DUTIES AND RESPONSIBILITIES:

The Middle Office Manager will lead a Middle Office team responsible for defining and improving

processes and key control activities to meet the Bank''s objective of enhanced operational control

and efficiency within the definitions and requirements of Swap Dealer designation.

Specific duties and responsibilities include:

. Manage a team with processing and control responsibilities covering:

o Intra-day risk limit monitoring, pre-trade monitoring to evaluate transaction compliance within Board approved policies and procedures.

o Manage all aspects of CCP/FCM margin efficiency specific focus on liquidity and capital

optimization.

o Manage the Counterparty/Client derivatives exposure reporting.

o Daily trading P&L production and related analytics and reconciliations and production of P&L

attribution analysis for the relevant trading areas. Trade enrichment, cancel & amends processing,

trade lifecycle event processing

o Client on-boarding processes including documentation work-flow tracking & control, and

ongoing maintenance

o Operations support with trade clearing, reconciliation / exception management, and Key

Performance Indicator (KPI) production

. Daily Market data, price and valuation verification. Partner with Front Office, Operations, Risk

Management, Finance, Compliance and Technology to prioritize business process and technology enhancements to improve post-execution trade processing by establishing strategic and technology priorities for the Middle Office

. Oversee the development of a multi-functional Middle Office within the Swap Dealer Division.

. Develop controlled processes and produce required internal reporting

* Conduct weekly independent meetings with Analysts to ensure to swap dealing activity is in compliance with swap dealer rules.

SUPERVISORY RESPONSIBILITIES: Responsible for providing employees timely, candid, and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhanceemployeecareergrowth;developingtheappropriate talent poolto ensure adequate bench strength and succession; recognizing and rewarding employees for accomplishments.

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