Senior Director, Derivatives Operations

<p><b><b>About us:</b></b></p><p>For over 50 years, we have worked closely with investment and asset managers to become the world’s leading provider of integrated investment management solutions. We are 3,000+ colleagues with a broad range of nationalities, educations, professional experiences, ages, and backgrounds.</p><p></p><p>SimCorp is an independent subsidiary of the Deutsche Börse Group. Following the recent merger with Axioma, we leverage the combined strength of our brands to provide an industry-leading, full, front-to-back offering for our clients.</p><p></p><p>SimCorp is an equal-opportunity employer. We are committed to building a culture where diverse perspectives and expertise are integrated into our everyday work. We believe in the continual growth and development of our employees, so that we can provide best-in-class solutions to our clients.</p><p></p><p><b><b>About the role:</b></b></p><p>The Head of Derivatives Operations will be a senior leader within the Investment Operations function, responsible for shaping and leading the derivatives operations team. This role involves building a highly effective team, delivering strategic initiatives, and overseeing the end-to-end lifecycle of derivatives across various asset classes. The ideal candidate will bring deep expertise in derivatives operations and a proven history of leadership to design and implement a best-in-class derivatives function that supports the broader goals of the investment management firm.</p><p></p><p>Expertise in running derivative operations on SimCorp Dimension is mandatory, and additional experience in building and developing derivatives operations teams around SimCorp Dimension is highly beneficial.</p><p></p><p><b><b>Your responsibilities:</b></b></p><p></p><p><b><b>Strategic &amp; Team Leadership:</b></b></p><ul><li>Develop and execute the derivatives operations strategy aligned with the overarching Business Service goals</li><li>Build and grow the derivatives team, including hiring, mentoring, and development.</li><li>Set the team’s roadmap, including technology and operational processes</li><li>Foster a team culture of collaboration, operational excellence, and continuous learning.</li></ul><p></p><p><b><b>Operational Oversight &amp; Risk Management:</b></b></p><ul><li>Oversee day-to-day derivatives operations, ensuring accurate processing, settlement, and lifecycle management of OTC and listed derivatives.</li><li>Establish and enforce controls, policies, and procedures to manage operational risk, ensure compliance with regulations (e.g., EMIR, Dodd-Frank, MiFID II), and prepare for audits.</li><li>Monitor performance metrics, collaborate with stakeholders, and drive continuous improvement in operational processes and systems.</li></ul><p></p><p><b><b>Stakeholder Management &amp; Transformation:</b></b></p><ul><li>Act as the primary contact for derivatives operations, engaging with front office, risk, compliance, and senior management.</li><li>Build relationships with external counterparties to resolve issues and improve service quality.</li><li>Lead transformation projects to improve efficiency, scalability, and automation, while implementing innovative solutions to stay ahead of industry trends and regulatory changes.</li></ul><p></p><p><b><b>Required Experience:</b></b></p><ul><li>10-15+ years of experience in derivatives operations, with a significant portion spent in leadership roles within asset management, hedge funds, or investment banking.</li><li>Proven expertise in running a derivative operations team on SimCorp Dimension is mandatory.</li><li>Extensive knowledge of derivative products (e.g., swaps, options, futures, forwards) across asset classes (equity, fixed income, commodities, FX).</li><li>Experience in building and leading high-performing derivatives teams around SimCorp Dimension is beneficial.</li><li>Experience in designing and optimizing trade lifecycle processes, including trade capture, margining, collateral management, and settlements.</li><li>Significant familiarity with industry-standard platforms (e.g. TriOptima, Cassini, MarkitWire, Acadia, FXall etc.), knowledge of automation technologies (RPA) is a plus.</li><li>In-depth understanding of regulatory frameworks (EMIR, Dodd-Frank, MiFID II) and operational risk management.</li><li>Demonstrated experience in making large-scale operational changes, including technology upgrades and process automation.</li></ul><p></p><p><b><b>Qualifications:</b></b></p><ul><li>Bachelor's degree in Finance, Business, or a related field; an advanced degree or professional certification (e.g., CFA, FRM) is highly desirable.</li><li>Comprehensive leadership and communication skills, with the ability to influence stakeholders at all levels.</li><li>Strategic thinker with a hands-on approach, capable of leading both day-to-day operations and long-term projects.</li></ul><p></p><p>This role calls for a strategic leader who can not only oversee current derivativ