GMD Clearing Co-ordinator

Descrizione del lavoro:

Job description

Business type

Types of Jobs - Corporate & Investment Banking

Job title

GMD Clearing Co-ordinator

Contract type

Permanent Contract

Management position

No

Job summary

Based in London, within the Global Markets Division (GMD) / COO Office, you will be part of the GMD Transversal COO team in charge of transversal functions of the Global Market Division. In this dynamic environment, you'll collaborate across teams to drive efficiency and innovation in our transversal functions.

Key Responsibilities:

* Coordination of all Clearing aspects for OTC derivatives, Listed Derivatives (ETD) and Repos,
* Regulatory watch and Regulatory change relating to clearing obligation in Europe, in the US and in Asia
* Implement new rules and adequate organization to meet regulatory requirements
* Provide report on clearing activities
* Coordination of the response to CCP due diligence questionnaires
* Be the Referent on Clearing obligations
* Onboard new CCPs Paris booking if necessary
* Clearing impact of Transversal projects:
* Contingency plan on Clearing (Monitoring and implementation)
* Contribution to scare resources (RWA reduction, Balance Sheet reduction)
* Contribution to collateral clearing management upon request of the relevant team
* Relationship management with major European CCPs and Clearing Brokers
* GMD representative in CACIB CCP Governance
* Implement other CCP initiatives (LCH SwapAgent, EUREX partnership program)
* Act as Business Project Manager for Clearing IT projects

Your background
We are looking for a candidate with proven expertise in OTC and ETD clearing processes, market mechanisms, and regulatory change interpretation, with experience across CCPs, clearing brokers, market platforms, and related institutions.

Supplementary Information

Our commitment to you

Join our team at Crédit Agricole CIB, the corporate and investment banking arm of 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2023). We offer more than just a job.

You will be part of a dynamic and collaborative work environment where CSR is embraced in our day-to-day business operation, innovation is encouraged and diversity is celebrated.

Crédit Agricole CIB, the first French bank to have committed to the Equator Principles, is a pioneer and global leader in sustainable finance. Our commitment to sustainability and corporate responsibility means that your work will have a positive impact on our communities and the environment.

With a people-centric culture where everyone is valued, and opportunities for personal and professional growth, Crédit Agricole CIB is not just a place to work - it is where you make an impact.

Position location

Geographical area

Europe, United Kingdom

City

London

Candidate criteria

Minimal education level

High school / Secondary school / A levels / AS levels / IB

Academic qualification / Speciality

* Degree preferably in a Business or Scientific subject

Experience

* Expertise in OTC and ETD Clearing processes and market mechanisms
* Experience with CCP, clearing brokers, market platform and other related institutions
* Experience in regulatory change monitoring and interpretation
* Prior experience in a CIB and in market operations

Required skills

* Strong organisational skills (prioritization of tasks, methodical and systematic approach)
* Ability to work under pressure
* Initiative and proactivity
* Strong communication skills
* Action oriented / problem solving

Technical skills required

* Fluent in English
* Proficient in MS Office tools
* Strong analytical skills (ability to analyse large amounts of data, propose KPIs/KRIs, detect trends, risks and anomalies)

Languages

English