eTrading & Operational Risk

Manager – Multi‐Asset eTrading & Operational Risk Consulting

London Office

Base up to £80k + bonus

Our client is a leading capital markets technology consultancy, working with tier‐one and tier‐two investment banks and broker‐dealers on front‐to‐back trading, risk and regulatory change.

They are seeking a manager‐level consultant with 5–7+ years’ experience in eTrading risk and/or operational. The role combines hands‐on delivery with ownership of a defined service offering, leadership of small teams (2–4 consultants), and active involvement in pre‐sales and client development.

Key Responsibilities

• Lead multi‐asset eTrading / op‐risk change projects for global investment banks and broker‐dealers, managing teams of 2–4 consultants.
• Own and evolve a service offering spanning eTrading risk frameworks, algo governance, electronic market access, and front‐office supervisory controls.
• Act as workstream lead: define scope, structure analysis, manage plans and RAID, and report into senior Markets, Risk and COO stakeholders.
• Support pre‐sales: shape propositions and methodologies, contribute to RFP responses, build pitch material, and join client meetings
• Perform hands‐on analysis across multiple asset classes: map front‐to‐back flows, identify risks and control gaps, review policies and MI.
• Design and implement target‐state frameworks (risk taxonomies, control libraries, RCSA enhancements, KRIs/KPIs, FO supervision models).
• Coordinate with trading, quants, technology and risk to ensure designs are practical, automated where possible, and regulator‐ready.
• Coach junior consultants, review deliverables, and contribute to internal training and thought leadership in the multi‐asset risk space.

Experience

• 5–7+ years in capital markets, with exposure to at least two of: cash equities, listed derivatives, FX, fixed income or rates.
• Time spent in 1LOD (eTrading risk, business risk, FO supervision) and/or 2LOD (operational / non‐financial risk) and/or consulting roles delivering Markets risk / eTrading change.
• Track record delivering projects in eTrading risk frameworks, algo controls, electronic market access, market abuse / surveillance, or broader Markets op‐risk.
• Evidence of leading workstreams or small teams, even without the formal “Manager” title.

Skills & Knowledge

• Good understanding of the front‐to‐back trade lifecycle for key asset classes and common eTrading architectures (OMS/EMS, gateways, vendor platforms).
• Strong grasp of non‐financial risk concepts (RCSA, KRIs, incident / issue management, control testing) applied in Markets environments.
• Awareness of regulatory expectations around algorithmic trading, best execution, market conduct and operational resilience.
• Strong analytical and problem‐solving skills; able to structure ambiguous problems and produce clear, client‐ready deliverables.
• Excellent communication and stakeholder‐management skills with front‐office, risk and technology audiences.

Personal Attributes

• Ready to step from Senior Consultant / AVP into a visible Manager role with P&L and proposition responsibility.
• Commercial, curious and comfortable in an entrepreneurial consulting environment.
• Enjoys multi‐asset work and can switch between products and client types without losing depth.