Senior Manager - Trading and Trade Management

Overview

Title: Senior Manager - Trading and Trade Management

Location: Hybrid - 3 days a week in Leeds

Salary: £70,000 - £90,000

Who we are:

interactive investor is an award-winning investment platform that puts its customers in control of their financial future.

We’ve been helping investors for nearly 30 years. We’ve seen market highs and lows and been resilient throughout. We’re now the UK’s number one flat-fee investment platform, with assets under administration approaching £75 billion and over 500,000 customers.

For a simple, flat monthly fee we provide a secure home for your pensions, ISAs and investments. We offer a wide choice of over 20,000 UK and international investment options, including shares, funds, trusts and ETFs.

We also bring impartial, expert content from our award-winning financial journalists, highly engaged community of investors, and daily newsletters and insights

The role is responsible for the oversight, design and continual improvement of ii’s Trading and Trade Management functions. This includes ensuring robust execution processes, strong post-trade controls and compliant Settlements and Trade Surveillance operations. The role drives high standards of operational resilience, customer outcomes and regulatory compliance across all trade-related activities.

• Provide strategic leadership and oversight across Trading, Settlements and Trade Surveillance through the relevant team managers.
• Set direction, priorities and performance expectations for each function, ensuring alignment with ii’s wider strategy and risk appetite.
• Responsibility for Global Trading and Trading Oversight departments FTE management in line with agreed budget.
• Develop and maintain relationships with internal and external third-party providers, especially market counter parties.
• Approval of higher risk transactions and decisions.
• Exercise due skill, care and diligence, observe proper standards of market conduct and deal with the regulator in an open and cooperative way disclosing appropriate information when required, and acting in a way which achieves their confidence and support.
• Drive continuous improvement in execution quality, settlement performance, operational resilience and post-trade controls, working through the functional leads.
• Own and maintain ii’s Best Execution Policy, ensuring processes across Trading, Settlements and Surveillance reflect regulatory expectations and best practice.
• Ensure that all trade lifecycle activities operate in line with PRIN, SYSC, MAR, CASS and internal risk and compliance policies.
• Oversee implementation of strong 1st line controls, ensuring procedures are followed, risks are escalated promptly, and remedial actions are tracked.
• Contribute proactively to governance forums by providing insight, constructive challenge and thematic oversight from across the three functional areas.
• Maintain awareness of Business Continuity responsibilities for the complete Trading & Trade Management function.
• Provide senior oversight of daily trading activity, settlement performance, post-trade risks, failed trades and surveillance outcomes, with delivery led by the functional teams.
• Ensure all areas maintain accurate processes, operational discipline and strong control environments supported by effective monitoring.
• Review and challenge key team and process performance indicators and ensure appropriate actions are taken.
• Ensure that the end-to-end trade lifecycle delivers consistent good customer outcomes.
• Lead and develop the managers responsible for Trading, Settlements and Trade Surveillance.
• Build capability across the function through coaching, development, objective setting and ongoing performance management.
• Ensure all colleagues meet Training & Competence requirements and maintain the technical knowledge required to perform their roles effectively.
• Foster a culture of continuous improvement, accountability and strong operational standards.
• Act as the senior point of expertise for execution, settlement operations and trade surveillance across ii.
• Work collaboratively with Compliance, Risk, IT, CASS, Operational areas and external partners (venues, brokers,…