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Project Manager OTC Clearing Operations

Posted 2 days ago by McGregor Boyall

The Opportunity

We are seeking experienced VP-level Markets Operations professionals to join a major global books and records migration programme within a leading international financial institution.

This is an exciting opportunity to play a key role in a high-profile transformation supporting the migration of Exchange Traded Derivatives (ETD) and OTC Clearing books and records. You will bring your specialist reconciliations and controls expertise to a complex, global project, helping ensure a smooth transition while maintaining operational integrity.

The role is ideal for a hands-on operations specialist who understands the intricacies of listed derivatives, global reconciliations and clearing processes, and who can confidently collaborate with stakeholders across the business.

Key Responsibilities

  • Support the books and records migration programme, applying a strong reconciliations and controls lens.
  • Manage and coordinate testing cycles, contributing to test design, execution and issue resolution.
  • Provide subject matter expertise across global CCP reconciliations, books and records, and collateral.
  • Work closely with Operations, Technology, Project and other key stakeholders to ensure successful migration delivery.
  • Review and assess new procedures resulting from the migration, identifying opportunities to optimise processes without compromising delivery.
  • Use your operational expertise to identify potential risks, challenges and headwinds, developing creative solutions to mitigate issues.
  • Create and maintain relevant operational and project documentation.
  • Communicate effectively with stakeholders at all levels, including senior management and Managing Director level.
  • Collaborate with the wider Markets Operations team to support delivery and maintain high-quality controls.

What We're Looking For

  • Strong, demonstrable experience in Markets Operations, with a particular focus on reconciliations and controls.
  • Extensive experience working with Exchange Traded Derivatives, Futures or OTC Clearing.
  • Strong knowledge of listed products and exchange environments, ideally including:
  • LME
  • CME
  • APAC markets and exchanges
  • Other major global exchanges
  • Experience with global CCP reconciliations, books and records and/or collateral processes.
  • A solid understanding of operational controls and the impact of large-scale platform or systems migrations.
  • Previous experience managing or contributing to testing cycles is highly desirable.
  • Strong stakeholder management and communication skills, with the confidence to engage senior stakeholders.
  • A proactive, analytical and solutions-focused approach to problem-solving.
  • The ability to work independently as a subject matter expert while collaborating effectively across a global programme.

Project management experience is advantageous, but the priority is strong hands-on Markets Operations and reconciliations expertise.

Why This Role?

  • Join a leading global financial institution and a high-profile migration programme.
  • Work alongside experienced professionals across Markets Operations, Technology and Change.
  • Apply your specialist knowledge to a business-critical transformation.
  • Gain exposure to global derivatives clearing, reconciliations and control frameworks.
  • Opportunity to contribute to future project initiatives beyond the initial migration, depending on experience and programme requirements.
Rate:
£650/day
Location:
London
IR35 Status:
Not specified
Remote Status:
Hybrid
Industry:
Project Management
Seniority Level:
Senior

Take-Home Pay

£9,800 per month

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