About CLS:
CLS is the trusted party at the centre of the global FX ecosystem. Utilized by thousands of counterparties, CLS makes FX safer, smoother and more cost effective. Trillions of dollars’ worth of currency flows through our systems each day.
Created by the market for the market, our unrivalled global settlement infrastructure reduces systemic risk and provides standardization for participants in many of the world’s most actively traded currencies. We deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so clients can put their capital and resources to better use.
CLS products are designed to enable clients to manage risk most effectively across the full FX lifecycle – whether through more efficient processing tools or market intelligence derived from the largest single source of FX executed data available to the market.
Our ambition to make a positive difference starts with our people. Our values – Protect, Improve, Grow – underpin everything that we do at CLS and define and shape a supportive and inclusive working environment in which everyone is encouraged to be open and forward-thinking.
Job purpose - major duties and responsibilities of the job
An experienced Process Engineer/ Analyst is required to support a firm-wide process mapping initiative with a focus on process risk management and control enhancement.
The Process Engineer will lead the scoping and mapping of processes for a number of functional areas within CLS, creating maps to an agreed standard (e.g. BPMN 2.0).
They will coordinate cross-functional workshops to review process risks and identify process related controls as well as opportunities for control enhancements.
The Process Engineer will liaise with and facilitate collaboration between 1st and 2nd lines of defense.
They will manage their own workload and manage delivery against agreed plans.
The Process Engineer will also be responsible for knowledge transfer to functional areas, enabling them to maintain their function’s process related documentation.
Operational
§ Map multiple cross-functional processes based on a defined standard (BPMN 2.0), producing high-quality materials with an attention to detail.
§ Lead workshops and meetings with a diverse set of stakeholders, including 1st and 2nd line colleagues, functional experts (e.g. IT Security, Data Protection), etc. to: map process steps; review process risks; identify and document controls and control enhancements.
§ Plan and manage own workload ensuring timely delivery of quality-focused work packages.
§ Ensure progress updates are communicated effectively to Senior Management at regular intervals.
Strategic
§ Help improve the overall Business Process Management programme of work and embed it into the fabric of CLS.
§ Promote a culture of good practice Process Management within CLS advocating for the same to a diverse set of stakeholders including senior management.
§ Build industry best practices into the programme of work.
Leadership
§ Ability to obtain buy-in from all team members, including Senior Management to drive the programme of work forward.
§ Take responsibility for leading virtual teams on mapping initiatives and improvement initiatives, clearly articulating the requirement for the performance of all tasks.
Knowledge, skills and abilities - competencies required for successful job performance
Experience
§ Significant experience in mapping processes using Microsoft Visio is a must. Experience using other process modelling tools beneficial.
§ Knowledge and experience of risks and controls is important. Experience in technology related controls beneficial.
§ Experience in working in Financial Services or Consultancy is essential.
§ Previous ownership of process focused initiatives.
§ Circa 5 years in Financial Services or Consultancy.
Competencies
§ Strong MS Office skills including Visio. Experience with other process mapping software is desirable.
§ Strong communication skills: ability to articulate and adapt approach to Senior Management, being comfortable addressing and standing up to challenge
§ Strong team player: demonstrates success with working with individuals at all levels within an organization. Collaborative in style and approach
§ Strong organizational skills: disciplined with an ability to multi-task across departments while articulating a consistent message regarding the programme of work
§ Quality minded with attention to detail
§ Can self-manage and self-motivate
§ Ability to ‘win hearts and minds’ and create excitement about the programme of work balanced with being results orientated
§ Demonstrate the courage of your convictions, sticking to the path that you believe to be correct, even if it is the path less travelled
§ Maintain integrity in all interactions, recognizing that change can sometimes disrupt the established norms
Qualifications / certifications
§ Process focused qualifications or demonstrated experience
§ Risk and Control focused qualifications or demonstrated experience
#LI-DNP
Our commitment to employees:
At CLS, we celebrate diversity and consider this to be one of our strongest assets. We are committed to fostering an environment in which everyone feels comfortable to be who they are, and inclusion is valued. All employees have access to our inclusive benefits, including:
- Holiday - UK/Asia: 25 holiday days and 3 ‘life days’ (in addition to bank holidays). US: 23 holiday days.
- 2 paid volunteer days so that you can actively support causes within your community that are important to you.
- Generous parental leave policies to ensure you can enjoy valuable time with your family.
- Parental transition coaching programmes and support services.
- Wellbeing and mental health support resources to ensure you are looking after yourself, and able to support others.
- Affinity Groups (including our Women’s Forum, Black Employee Network and Pride Network) in support of our organisational commitment to embrace and always be learning more about DE&I.
- Hybrid working to promote a healthy work/life balance, enabling employees to work collaboratively in the office when needed and work from home when they don’t.
- Active support of flexible working for all employees where possible.
- Monthly ‘Heads Down Days’ with no meetings across the whole company.
- Generous non-contributory pension provision for UK/Asia employees, and 401K match from CLS for US employees.
- Private medical insurance and dental coverage.
- Social events that give you opportunities to meet new people and broaden your network across the organisation.
- Annual flu vaccinations.
- Discounts and savings and cashback across a wide range of categories including health and retail for UK employees.
- Discounted Gym membership – Complete Body Gym Discount/Sweat equity program for US employees.
- All employees have access to Discover – our comprehensive learning platform with 1000+ courses from LinkedIn Learning.
- Access to frequent development sessions on a number of topics to help you be successful and develop your career at CLS.
What We Do
In 2022, we celebrate 20 years of delivering unprecedented levels of risk mitigation, liquidity optimization and operational efficiencies.
Trusted by thousands of counterparties within the global FX ecosystem, CLS makes FX safer, smoother and more cost effective. Trillions of dollars worth of currency flows through our systems each day.
Created by the market for the market, our unrivaled global settlement infrastructure reduces systemic risk and provides standardization for participants in many of the world’s most actively traded currencies. We deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so you can put your capital and resources to better use.
Our complementary products are designed to enable you to manage your risk most effectively across the full FX lifecycle – whether through more efficient processing tools or market intelligence derived from the largest single source of FX executed data available to the market.
