VP Collateral, Margin & Valuations Services (CMVS) / Middle Office Settlements

Job Description

VP Collateral, Margin & Valuations Services (CMVS) / Middle Office Settlements

Glasgow, United Kingdom Posted on 31/07/2026

• Work Experience Collateral, Margin & Valuations Services, Middle Office, Settlements, Market Ops
• City Glasgow
• Province Glasgow City
• Country United Kingdom
• Postal Code G2

Job Description

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

• Ownand oversee delivery of CMVS (Collateral, Margin & Valuations Services) processesacross margin calculation, reconciliation, and collateral settlement, ensuringoutputs are complete, accurate, and controlled
• Provideoversight of controls within core margin platform, ensuring issues areidentified, assessed, and appropriately actioned.
• Reviewand challenge exceptions, breaks, and disputes, ensuring appropriate resolutionstrategies and escalation where required.
• Actas primary escalation point for complex issues, coordinating across eg. Business,Risk, and Technology to drive resolution
• Maintainaccountability for control execution within the function, including ensuringcontrols are appropriately designed, embedded, and evidenced.
• Leadand deliver process improvement and control enhancement initiatives, includingautomation, standardisation, and reduction in manual intervention.
• Drivedelivery of strategic change programmes, translating business requirements intoimplementable solutions.
• Provideoversight of MI and reporting, ensuring themes, risks, and trends are clearlyarticulated and e escalated to seniorstakeholders.
• Engagewith Audit, Operational Risk, and Control functions, providing cleararticulation of process design, control operation, and remediation activity.
• Supportresource planning, prioritisation, and oversight of junior team members toensure consistent delivery against BAU and change objectives.

BasicQualifications:

• Strongexperience in collateral management / margin operations, with demonstratedunderstanding of end-to-end margin lifecycle and associated risks.
• Provenability to oversee and challenge operational processes, controls, and outputsin a complex environment.
• Experiencein managing or leading process improvement and change initiatives, includingcontrol uplift and automation.
  Strongunderstanding of control frameworks and governance expectations, includingaudit and risk interaction.
• Marginexperienceideallyorgeneralmiddleofficeexperiencewithsettlements
• Abilityto assess and articulate operational risk, control effectiveness (in terms ofexecution), and required remediation actions.
• Advancedanalytical capability, with ability to interpret complex data and identify rootcauses and themes.
• Strongstakeholder management skills, with experience engaging senior business, risk,and technology partners.
• Demonstratedability to prioritise across BAU delivery and change activity while maintainingcontrol discipline
• Change/ BA and / or project management experience within a Mkts Ops setting wouldalso be considered

PreferredQualifications:

• Strongknowledge of control architecture (input, calculation, movement, output) withincore margin platforms
• Experienceleading control uplift, transformation, or strategic programmes
• Abilityto leverage data, analytics, and emerging AI tooling to enhance controlvisibility, MI, and process efficiency.
• Trackrecord of engagement with stakeholders and governance forums, includingownership of remediation outcomes.