Head of Cboe Clear US

Head of Cboe Clear US

Requirements

• An excellent understanding of functioning of clearing and post trading activities, and of the evolving policy and regulatory environment.
• Demonstrated track record as a business leader in the financial markets industry, with responsibility for setting and executing on strategy, and success in driving business growth and development.
• Proven managerial experience to fulfil the task in a supervised financial institution, including responsibility for relationships with regulators.
• Proven track record of building and managing relationships with internal and external stakeholders, including client relationship management.
• Relevant experience in trading/clearing, ideally with established relationships with clearing members and other ecosystem participants.
• Experience directing significant projects and managing change in a business with complex operational processes, and with associated IT infrastructure and risk and control frameworks.
• Understanding of financial and operational risk management processes.
• A relevant academic degree.

Responsibilities

• Developing commercial and operational strategies for business growth and diversification, in line with the mandate given by the shareholder, and leveraging Cboe’s global presence, in collaboration with key internal and external stakeholders, including the Global Derivatives business.
• Plan and lead the organization’s activities to set ambitious targets, prioritize initiatives, allocate resources, and deliver results across financial and non-financial goals including business performance, service quality, new business development, operational efficiency, organizational culture, and regulatory compliance.
• Developing opportunities for synergies within Cboe, leveraging group resources where possible, whilst adhering to the highest standards of regulatory-driven governance requirements.
• Directing the business in accordance with its constitutional and regulatory requirements.
• Ensuring an effective risk and control framework to guarantee that business is conducted in a prudent and controlled manner, attentive to internal and external sources of risk, and in compliance with regulatory requirements.
• Overseeing reporting to the shareholder/board on organizational plans and performance.
• Being the primary representative of the CCP, able to effectively represent the business and to build trusted relationships with stakeholders, including clients, vendors, partners, the media, Cboe as the shareholder, regulators and policy makers, and staff.
• Developing and maintaining relationships with senior leaders at key customers that can be leveraged to drive business development opportunities.
• Developing and maintaining relationships with key policy and regulatory decisions makers so as to contribute to the formation of policy that supports competition and growth.
• Act as a role model promoting and furthering the company and CGM’s values in all relationships, both externally and internally.
• Recruit, supervise and develop senior team members.

Preferred Qualifications

• Self-directed, results driven, high energy.
• Passionate about driving competition, innovation and efficiency in the post-trade landscape.
• Capability to build and lead a business, and comfortable with personal accountability for performance against financial, operational, technology and risk management objectives.