Derivative Oversight Manager

Derivative Oversight ManagerApplylocations: London, UK - 1 Brewer's Green, The Caxtontime type: Full timeposted on: Posted 4 Days Agojob requisition id: JR745300As part of the application process, a candidate account is required to log in and view application(s). Please be sure to check email regularly for information regarding our employment process. Role Overview The Derivative Oversight Manager is responsible for ensuring the accuracy, integrity, and transparency of derivative valuations, risk reporting, and performance attribution. The role provides independent oversight of derivative positions by validating pricing, monitoring risk exposures, and analysing performance drivers. Working closely with trading, portfolio management, risk, operations, and external service providers, the role holder helps ensure derivative activity is measured, controlled, and clearly explained, supporting informed investment decisions and robust governance. Key Responsibilities Validate and oversee the valuation of derivative instruments (e.g. swaps, forwards, and options etc), ensuring pricing accuracy, consistency, and appropriate challenge. Investigate and resolve valuation discrepancies in partnership with internal stakeholders, counterparties, and external service providers. Monitor, analyse, and report key risk metrics associated with derivative positions, including sensitivities, exposures, and leverage. Perform hedge effectiveness and performance attribution analysis to explain profit and loss impacts arising from derivative strategies. Provide clear insight into the drivers of derivative performance, including market movements, carry, and execution effects. Partner with trading, portfolio managers, and risk teams to help ensure positions remain within defined risk limits, mandates, and governance standards. Support compliance with internal governance standards, accounting policies, and relevant regulatory requirements. Contribute to the development and enhancement of valuation models, methodologies, controls, and oversight frameworks. Support audit activity by maintaining clear documentation and delivering reporting related to derivative valuations and controls. Work closely with the Derivative Manager to ensure reporting is accurate Skills & Experience Essential Bachelor's degree in a quantitative or analytical discipline such as Mathematics, Economics, Engineering, Finance, or Data Science. Relevant experience in derivatives within insurance, asset management, investment banking, or a similar quantitative environment - Minimum 8+ years Strong understanding of derivatives and investment control frameworks, with practical experience across the design, execution, modelling, or oversight of derivative strategies. Strong analytical and modelling capability, including advanced Excel and experience with Python and/or SQL (or equivalent tools) to automate and scale analysis. Proficiency with market data platforms such as Bloomberg, with the ability to source, interpret, and validate market and security data. Working knowledge of investment management and/or modelling systems, for example Aladdin. Strong analytical, problem-solving, and stakeholder management skills, with the ability to manage deliverables end to end and prioritise effectively. Strong stakeholder influence, with the credibility to work constructively across investment, risk, operations, and external partners. Clear and concise communication skills, with the ability to explain technical issues to both specialist and non-specialist audiences. Sound judgement and professional integrity when handling sensitive issues, exceptions, and control matters. Strong sense of ownership and accountability, with the ability to manage priorities and deliver to deadlines. Continuous improvement mindset, with an interest in enhancing processes, controls, and analytical capability. Desirable Working knowledge of derivative management system (e.g. Murex / Numerix etc). CFA and/or actuarial qualification or equivalent, either completed or in progress. Critical Skills At Resolution Life, we have identified the following critical skills which are key to success in our culture: Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations. Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution. Team Mentality: Partnering effectively to drive our culture and execute on our common goals. Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions. Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage. About UsResolution Life was founded with a clear mission: to support the long-term growth of the primary life insurance industry and deliver on our commitments to our policyholders, for the benefit of society. We serve that mission by acting as a global custodian to the life insurance and annuity industry by providing capital for growth through reinsurance and acquiring and managing portfolios of life insurance companies.Our innovative approach ensures promises can be kept, the primary market can grow, and everyone involved can have a secure financial future. In fact, we pride ourselves on innovating fit-for-purpose solutions to our customers' challenges. We seek talented, ambitious people who dare to be different in their thinking, willingly collaborate, thrive in a dynamic, agile environment and share our desire to drive change for a better future.We will support you to drive your own career and achieve your full potential at Resolution Life. We've got big ambitions for the future and know we've got the best people to take us there.We hope to offer our people a career, not just a job. Check out our current employment openings and see if Resolution Life is right for you.