Embedded First Line Operational Risk Manager, Trading & Technology

Company Description

Tradeweb is a global leader in electronic trading for rates, credit, equities, and money markets. As financial markets become increasingly interconnected, our technology enables efficient, multi-asset trading on a global scale. We serve more than 3,000 clients in more than 85 countries, including many of the world?s largest banks, asset managers, hedge funds, insurers, corporations, and wealth managers.

Creative collaboration and sharp client focus have helped fuel our organic growth. We facilitated average daily trading volume (ADV) of more than $2.2 trillion over the past four fiscal quarters, topping $2.5 trillion in ADV for the first quarter of 2025.

Since our IPO in 2019, Tradeweb has completed four acquisitions and doubled our revenues ? and 2024 was our 25th consecutive year of record revenues.

Tradeweb is a great place to work, recognized in 2024 by Forbes as one of America?s Best Companies (2024) and by U.S. News & World Report as one of the Best Financial Services Companies to Work For.

Tradeweb Markets LLC ("Tradeweb") is proud to be an EEO Minorities/Females/Protected Veterans/Disabled/Affirmative Action Employer.

Mission: Move first and never stop. Collaborate with clients to create and build solutions that drive efficiency, connectivity, and transparency in electronic trading.

Group Details

Tradeweb is seeking a motivated and execution-focused Vice President to join the First Line Risk & Control function. Operating under the direction and guidance of the Global Head of Business Risk & Incident Management, this role will lead the execution of risk and control activities across key operational processes and trading workflows, with particular focus on the trade life cycle, operational resilience, and incident management. The individual will serve as a critical partner to business and technology teams to drive risk identification, assessment, and mitigation through well-designed and consistently executed controls.

Job Responsibilities

• Serve as the embedded operational risk advisor within trading and technology teams, acting as the first point of contact for day-to-day risk identification, control design, and remediation guidance.
• Coordinate and facilitate risk assessments (RCSAs) at the desk and process level, ensuring control mapping aligns with business workflows and regulatory obligations.
• Design and implement key business process controls (manual and automated), with ongoing performance testing and issue tracking in collaboration with control owners.
• Oversee first line control design and operating effectiveness across the trade life cycle, including order capture, execution, and post-trade processing.
• Perform real-time risk reviews of process or system changes, new product launches, and technology deployments to ensure embedded risk considerations.
• Monitor and review control evidence and attestations, ensuring completeness, accuracy, and timely escalation of control failures or near misses.
• Act as lead incident response liaison, coordinating initial triage, root cause analysis, and business remediation with tech and ops leads.
• Draft and socialize business continuity and operational resilience playbooks with relevant stakeholders; lead tabletop exercises for scenario readiness.
• Develop and monitor desk-level KRIs and KPIs that reflect operational risks in trading workflows (e.g., order mismatches, latency events, reconciliation breaks).
• Train and coach front office and infrastructure teams on risk ownership, control execution, and compliance with firm-wide risk frameworks.
• Maintain documentation of risk acceptance decisions, with clearly defined risk owner, rationale, and periodic review schedule.
• Prepare presentations and materials for senior stakeholders, risk committees, and internal governance forums, clearly articulating risk posture and control health.
• Collaborate with second line risk and compliance functions to maintain alignment of methodologies and remediation of findings.

Qualifications

• Minimum 7 years of experience in operational risk, business controls, or first line risk management, ideally within a FinTech or regulated financial services environment.
• Deep understanding of RCSA methodology, risk governance principles, and control lifecycle management.
• Working knowledge of trade processing workflows and operational risks associated with trading technology and infrastructure.
• Demonstrated experience in incident management, root cause analysis, and driving remediation.
• Familiarity with regulatory and industry frameworks (e.g., Reg SCI, CFTC SEF requirements, NIST) related to operational resilience and technology risk in U.S. financial markets.
• Proficiency in Microsoft Excel, PowerPoint and Word; experience using GRC platforms (e.g., Archer) and data visualization/reporting tools (e.g., Power BI, Tableau).
• Strong interpersonal and communication skills, with the ability to influence and collaborate effectively across business and technical functions.
• Professional certifications (e.g., CRISC, CISA, PMP) are preferred.

Additional Information

This role provides a unique opportunity to build and enhance first line risk capabilities within a dynamic, regulated trading environment. The ideal candidate will combine risk expertise with operational fluency and a collaborative mindset to deliver sustained control improvements.

Tradeweb is committed to providing valuable and competitive benefits. In addition to working in our culture of innovation and collaboration, we offer:

• Health Insurance: Highly competitive medical, dental, and vision programs
• Hybrid Environment: Our employees have the flexibility of working in the office and from home.
• Health Care and Dependent Care Flexible Spending Accounts: You may elect to set aside pre-tax earnings to pay for eligible health care and dependent day care expenses for you and your eligible family members.
• Maven Family Building Benefit: Maven offers support for fertility and preconception; pregnancy and post-partum; adoption; surrogacy and pediatrics for children up to age 10. Tradeweb provide a $10,000 lifetime reimbursement towards fertility, egg freezing, adoption and surrogacy expenses.
• Building Wealth - 401(k) Savings Plan: Employees are immediately eligible for the 401(k) plan. Participants may contribute up to 75% of eligible compensation into a traditional 401(k) and/or Roth 401(k). Tradeweb will match 100% of the first 4% of compensation that you contribute.
• The current pay range for this role if performed in the city of New York is currently $100,000 to $250,000 per year, based on a regular, full-time schedule. The amount of pay offered will be determined by a number of factors, including but not limited to qualifications, market data, geographic location, and internal guidelines.

Other Benefit Programs

• Pre-Tax Commuter Benefits Program
• ARAG Legal Services
• Employee Assistance Program
• Tuition Reimbursement
• Financial Wellness Tools
• Travel Assistance Benefits
• Pet Insurance
• Corporate Gym Subsidies
• Wellness Perks
• Paid Time Off and Parental Leave