We are
At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechron’s progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more. Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. With top clients to boast about, Synechron has a global workforce of 17,000+, and has 58 offices in 22 countries within key global markets.
Our challenge
We need a senior Program/Project Manager with hands-on Equity Prime Brokerage experience to lead delivery globally. Building a largely new client-facing platform and upgrading shared enterprise services. The role must reduce the load on internal teams from day one.
Additional Information*
The base salary for this position will vary based on geography and other factors. In accordance with law, the base salary for this role if filled within New York, NY is $150k - $160k/year & benefits (see below).
The Role
Responsibilities:
Plan and run delivery across several workstreams and pods, owning scope, milestones, dependencies, risks and budget.
Act as the client's day-to-day delivery counterpart, working with technology, business and operations stakeholders.
Drive delivery across core Prime Brokerage capabilities:
Trade management and trade lifecycle processing, including STP
Swap lifecycle management for Synthetic Prime
Risk, margin, exposure management and collateral (including inventory and collateral mobility)
Prime Brokerage corporate actions
Integrated client reporting
Coordinate integration with enterprise functions: treasury, liquidity, finance, product control and operations.
Work with architects to embed modular design, integration frameworks, scalability, resilience and multi-entity, multi-jurisdiction support from the start.
Support the current-state technology assessment, gap analysis and build, buy or modernize decisions.
Manage vendor and third-party dependencies, including product selection and onboarding.
Set up program governance: status reporting, RAID logs, steering committee packs and release planning.
Run parallel workstreams to protect the go-live date, and escalate blockers early.
Requirements:
12+ years in capital markets technology, including 8+ years managing large programs or projects globally.
Direct delivery experience in Prime Brokerage (Cash and/or Synthetic) at a global bank or major broker-dealer. Adjacent experience in Securities Finance, securities lending or equity swaps counts toward this.
Working knowledge of the Prime Brokerage front-to-back flow: trade capture, financing, margin, collateral, settlement, corporate actions and client reporting.
A track record of leading greenfield builds or large platform modernizations through go-live.
Experience managing multiple delivery teams, including distributed and offshore models.
Ability to work with senior stakeholders and translate business priorities into delivery plans.
Hands-on with Agile and hybrid delivery, program governance and financial tracking.
Preferred, but not required:
Has launched or scaled a Prime Brokerage business, not only maintained an existing one.
Experience with Prime Brokerage or Securities Finance vendor platforms, such as swap lifecycle, collateral, margin or portfolio accounting systems (for example, SS&C Geneva).
Exposure to multi-entity, multi-jurisdiction setups across the US, Europe, Canada or Asia.
Familiarity with relevant regulation, such as SEC Rule…