VP Collateral, Margin & Valuations Services (CMVS) / Middle Office Settlements
Summary
Oversee margin calculation, reconciliation, and collateral settlement processes for a fintech firm, ensuring accuracy and control while leading process improvements and strategic change programs.
Role: VP Collateral, Margin & Valuations Services (CMVS) / Middle Office Settlements
Location: Glasgow, Hybrid, 4 days per week on site, 1 day working from home
Start Date: ASAP, until end of Jan 2027 initially
Daily Rate: Competitive, Inside IR35
Payroll provider – Rockford Payroll Info for Contingent Workers – Rockford Pay
Main Duties and Responsibilities
- Own
and oversee delivery of CMVS (Collateral, Margin & Valuations Services) processes
across margin calculation, reconciliation, and collateral settlement, ensuring
outputs are complete, accurate, and controlled
- Provide
oversight of controls within core margin platform, ensuring issues are
identified, assessed, and appropriately actioned.
- Review
and challenge exceptions, breaks, and disputes, ensuring appropriate resolution
strategies and escalation where required.
- Act
as primary escalation point for complex issues, coordinating across eg. Business,
Risk, and Technology to drive resolution
- Maintain
accountability for control execution within the function, including ensuring
controls are appropriately designed, embedded, and evidenced.
- Lead
and deliver process improvement and control enhancement initiatives, including
automation, standardisation, and reduction in manual intervention.
- Drive
delivery of strategic change programmes, translating business requirements into
implementable solutions.
- Provide
oversight of MI and reporting, ensuring themes, risks, and trends are clearly
articulated and e escalated to senior
stakeholders.
- Engage
with Audit, Operational Risk, and Control functions, providing clear
articulation of process design, control operation, and remediation activity.
- Support
resource planning, prioritisation, and oversight of junior team members to
ensure consistent delivery against BAU and change objectives.
Basic
Qualifications:
- Strong
experience in collateral management / margin operations, with demonstrated
understanding of end-to-end margin lifecycle and associated risks.
- Proven
ability to oversee and challenge operational processes, controls, and outputs
in a complex environment.
- Experience
in managing or leading process improvement and change initiatives, including
control uplift and automation.
Strong understanding of control frameworks and governance expectations, including audit and risk interaction. - Margin experience ideally or general middle office experience with settlements
- Ability
to assess and articulate operational risk, control effectiveness (in terms of
execution), and required remediation actions.
- Advanced
analytical capability, with ability to interpret complex data and identify root
causes and themes.
- Strong
stakeholder management skills, with experience engaging senior business, risk,
and technology partners.
- Demonstrated
ability to prioritise across BAU delivery and change activity while maintaining
control discipline
- Change
/ BA and / or project management experience within a Mkts Ops setting would
also be considered
Preferred
Qualifications:
- Strong
knowledge of control architecture (input, calculation, movement, output) within
core margin platforms
- Experience
leading control uplift, transformation, or strategic programmes
- Ability
to leverage data, analytics, and emerging AI tooling to enhance control
visibility, MI, and process efficiency.
- Track
record of engagement with stakeholders and governance forums, including
ownership of remediation outcomes.
#Li-Hybrid