COO

Key Responsibilities

Asset servicing / Investment operations

• Responsibility for FNZ‘s outsourced asset servicing functions that it provides to all its ZA customers, which includes asset custody, trading & settlement services;
• Delivery of services at least in line with contractual customer KPIs;
• Delivery of operations service excellence via measurable continuous improvement programme;
• Implementation and maintenance of financial and operational controls to reduce errors and mitigate potential for fraud;
• Compliance with legislation and regulation, including FCA regulations

Service and Support (Production Support, Client Services, Investor Services)

Ensuring that processes, controls, operating risk framework in relation to these business services are standardised and consistently applied. As FNZ’s scale increases it also involves extracting cross‐market synergies and other cost efficiencies. FNZ’s customers should receive the benefit of a global scale provider of industrial strength operations.

• Manage regional operations and regional leadership teams;
• Implement the following on a standardised basis globally for areas of responsibility:
• Processes;
• Control framework;
• Operating risk management framework;
• Develop consistent global metrics to assess relative cost efficiency, controls, risk, service quality;
• Identify and implement improvements in customer service, cost, controls and risk through global collaboration and synergies.
• Ownership of production support (including operations & technology);
• Provide world class production support function in respect of FNZ globally; technology and operations delivery; and
• Includes issue management and resolution (although resolution involving software change will occur within shared solution centres).

System and task Monitoring

• Oversee the Service and Support team that carries out the morning health check of each platform. The health check results are distributed each morning by email to the organization. Daily failed task checks are automated and critical tasks are alerted where necessary.

Financial Crime

• Responsibility for ensuring robust control frameworks are implemented and embedded across FNZ ZA to limit the risk of financial crime.

Business Continuity

• Responsible for the effective management of the ZA Business Continuity Plan to minimise disruption and adverse impact for ZA customers, employees and ZA offices.

Pensions Administration

• Responsibility for FNZ‘s outsourced pension administration function
• Delivery of services at least in line with contractual customer KPIs;
• Delivery of service excellence via measurable continuous improvement programme
• Implementation and maintenance of financial and operational controls to reduce errors and mitigate potential for fraud
• Compliance with relevant legislation and regulation

The COO Will Also Be Responsible For

• Financial Performance;
• Strategy;
• Leadership & Collaboration;
• Customer Interface; and
• Operating Risk.

Financial performance

• Work with regional ZA CFO and ZA CEO to define annual budget;
• Manage cost structure within budget;
• Balance service quality, risk management and control framework with the need to optimise cost structure;
• Maintain process‐driven cost model to accurately forecast cost variation with volume;

Strategy

• Define and agree (with ZA CEO) a strategic plan for relevant functions through annual and semi‐annual strategic planning process; and
• Input to regional strategy.

Leadership & collaboration

• Provide strong leadership within the ZA COO function to promote and obtain collective buy‐in to service excellence, risk management and controls
• Collaborate with ZA & global leadership team to deliver group objectives.

Customer Interface

• Actively engage and build relationships with all ZA customers;
• Take ownership with customers for FNZ’s service delivery

Operating Risk and Monitoring

• Own the operating risk model that identify and quantifies key operating risks
• Oversight of operational monitoring. FNZ Operational teams carry out day to day tracking of their processes and escalate where appropriate for problems identified. Spearhead the creation of a more robust form of monitoring.

Change Governance

• Gatekeeper responsibility for change releases to ensure they are fit for purpose and that appropriate due diligence has been carried out prior to launch. The following are considered change releases:
• New Platforms or new Propositions;
• Upgrades, amendments or enhancements to Existing Platforms or material changes to existing Propositions that involve a code release;
• Emergency Releases; and
• Addition of New Clients onto Existing platforms, e.g. Multi-tenant platforms.

Production Services

• Collaborate with regional leadership teams and implement the following on a standardised basis globally for areas of responsibility:
  • Processes;
  • Control framework;
  • Operating risk management framework;
• Develop consistent global metrics to assess relative cost efficiency, controls, risk, service quality;
• Identify and implement improvements in customer service, cost, controls and risk through global collaboration and synergies.

Qualification & Requirements

No Information Available

Benefits

Our comprehensive total benefits package includes a transformational global family leave program, pension plan, health insurance, life & income protection, and other perks and benefits…