Technology Business Partner - Toronto, Canada - Instinet

Description

Job Title:

Technology Business Partner**:
Job Code: 2599- Country: CA- City: Toronto- Skill Category: IT\Technology- Description:

• 
  Company overview

Department overview:

The Technology function, under the guidance of the CTO, provides the firm with market leading technology solutions for the purpose of executing client orders in addition to a broker agnostic GUI for order routing and risk management purposes.

Within Technology, the Business Management function has been established in EMEA with the following core responsibilities.

We are now implementing a global model including a new position in NAM:

• Work with Internal Audit to assist in reviews and action findings for the Technology function. Ensure that audit findings are addressed on time, to quality and liaise with respective Technology partners or across other functions as necessary, such as COO, Operations, Compliance & Risk. Ensure that upcoming audits are properly prepared for to avoid occurrence of audit findings where possible. Ensure requirements are understood by technologists and remediation planned is in line with Audit's reasonable expectations
• Working with external audit teams to assist in reviews. E.g. Annual IT Audits
• Interaction with Risk function on risk identification, acceptance, root cause analysis and remediation
• Encourage a riskaware culture within Technology
• Interaction with Compliance and ensuring Technology is in adherence with local regulations
• Represent Technology for selfassessments and/or define regional selfassessment programme as necessary
• Provide Technology representation for governance committees. E.g. Algo, Technology Governance, Venues etc. Define and formulate governance model as necessary
• Act as a trusted partner and escalation point for the Technology organisation, working with local or global teams as required for resolution of issues
• Support vendor review process and supplier due diligence in conjunction with Vendor Management Business Analyst
• Support the global model for Cost Management, Business Continuity Planning, IT DR, Business Resiliency

Role description:

The Technology Business Partner will work within Technology and report directly to the Global Technology Business Manager, based in London


Individual responsibilities will include:
Audit Management

• Act as the internal and external Audit point of contact for Technology in the region. This will involve coordination with partners in Technology, to ensure preparedness for upcoming audits and remediation of inflight audit points to time and to quality at all times. E.g. Information Security, Annual IT Audits

Risk Management & Regulatory

• Determine applicable US and Canada regulations as they relate to Technology operating in an electronic and algorithmic trading environment and consider our level of adherence. The expectation is a partnership with Risk and Compliance in respect of FINRA and CSA regulations
• Rootcause analysis for technology incidents and near misses ensuring remediating actions avoid repeat of the same/similar issues from reoccurring
• Support IT DR testing and BCP/Business Resiliency for Technology in the region
• Support selfassessments to ensure that Technology delivers the required evidence and remediation plans on a timely basis, but also validate that the evidence provided is accurate
• Act as daytoday contact person for Technology for other local functions

Governance

• Facilitate applicable governance meetings such that materials, discussion points, decisions and actions are documented. E.g. Technology Governance, Toronto
• Attend applicable governance meetings as necessary and any applicable actions. E.g. Vendor Management

Reporting

• Work with Global Technology Business Manager, Architecture and Finance to implement reporting which facilitates improved cost discipline
• Assist in the provision of regular and relevant Technology Management Information including daily, weekly and monthly management information;
• Support the Global Technology Business Manager in the:
• Update of policies and procedures
• Production of reports
• Identification, tracking and monitoring of actions relevant to key control gaps and remediation
• Attendance and minuting of meetings

General

• Provide other services, functions and responsibilities reasonably necessary or incidental thereto; and
• Provide all other Services reasonably requested by Instinet

Skills, experience, qualifications and knowledge required:

• Strong analytical, people and organisational skills
• Excellent team player with the ability to use own initiative and provide prompt and practical service to stakeholders
• Knowledge of electronic trading processes and applicable regulations, such as FINRA and CSA
• Knowledge of risk management frameworks and previous experience with auditors or audits
• Proven analytical skills to decipher and analyse large amounts of data, whilst maintaining attention to detail
• Knowledge of Conflu