Outsourcing and Deputy Technology Supervisory Officer, Associate, Instinet Germany

Job description:

Job Title:                 Outsourcing and Deputy Technology Supervisory Officer

Corporate Title:       Associate

Department:              General Management Office, Instinet Germany GmbH (IGG)

Location:                     Frankfurt, Germany

ABOUT INSTINET

As the agency-model execution services arm of the Nomura Group, Instinet Incorporated subsidiaries provide brokerage services to clients in over 65 markets around the world. Through its advanced suite of electronic trading strategies, experienced high-touch trading group, top-ranked Commission Management services, award-winning desktop trading platform, and unparalleled access to insightful analytics, content and unique liquidity, Instinet helps institutions lower overall trading costs and ultimately improve investment performance. In the US, Instinet also offers a boutique-model Equity Research offering to assist their clients in the pursuit of alpha generation in a changing landscape. Over the course of its 50+ year history, Instinet has introduced a range of now industry-standard trading technologies, and has been an innovator at the forefront of the market's evolution. For more information, please visit www.instinet.com.

PURPOSE AND SUMMARY

The IGG Outsourcing Officer and Deputy Technology Supervisory Officer has a dual role directly reporting to the entity’s COO with a secondary line into the firm’s Technology Supervisory Officer.

The person is responsible for the end-to-end management, oversight and governance of all outsourced and sub-outsourced arrangements for Instinet Germany GmbH. Acting as the firm’s primary subject-matter expert for outsourcing, the role ensures that all outsourcing activities comply with applicable regulatory requirements, including MaRisk, the EBA Outsourcing Guidelines MiFID II and other relevant supervisory expectations.

The incumbent will establish, maintain and continually enhance the firm’s Outsourcing Management Framework, ensuring clear documentation, robust oversight, effective monitoring and timely reporting to senior management and relevant governance bodies. The Outsourcing Officer will support all departments in implementing and adhering to outsourcing standards, act as the central coordination point for outsourcing-related regulatory matters and contribute to a strong culture of governance and accountability across the organisation.

In addition, the position plays a key role in supporting external and internal audits related to outsourced services, ensuring efficient coordination of requests, transparent communication and effective follow-up of findings through to closure.

As Deputy Technology Supervisory Officer, the incumbent will support the TSO in providing day to day oversight of the provision of the Firm’s technology operations, which are provided to the Firm from the Group’s servicing entity, Instinet Global Services Limited in the UK.

The role covers the day to day, tactical and strategic operations to meet Instinet Germany GmbH’s (IGG) technology delivery, as well as its technology regulatory and compliance obligations including (but not limited to) as defined under DORA (reference to former BAIT) and MaRisk. The scope covers all technology operations within Instinet Germany GmbH (Paris and Frankfurt), including oversight of all outsourced technology activities as the Technology Outsourcing Supervisory Officer, and any Technology aspects in relation to the proposed MTF, BlockMatch DEU.

The role also includes responsibility of Deputy Information Security Officer for the entity, which requires provision and oversight of the Group’s information security framework including internal and external reporting obligations whilst making use of the Group Information Security function as per the service agreement with the UK servicing