The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

Founded in London in 1866, the Group operates from more than 60 offices in 27 countries.  We are 5,200 people strong.  We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

Role Overview

A new role, the Global Process Owner (GPO) is responsible for the governance, development and enhancement of the end-to-end Regulatory Capital global process. The GPO must collaborate with process stakeholders across the organisation, to ensure effective and efficient process operations and identification and leverage of cross-process synergies. The GPO also monitors process performance and prioritises and drives process-related investment decisions and implementation. Additionally, the GPO is accountable for ensuring process compliance with all relevant legislation and company procedures.

We are seeking an experienced Global Process Owner (GPO) for Regulatory Capital to lead, design, and govern the end-to-end Regulatory Capital process across the Group. This role is critical in ensuring accurate, timely, and compliant capital calculations, reporting, and forecasting aligned with evolving regulatory requirements. The GPO will drive standardisation, automation, and control across jurisdictions, working closely with Risk, Finance, and Compliance teams to ensure consistent frameworks, robust capital adequacy monitoring, and effective engagement with regulatory stakeholders.

Role Responsibilities

Oversight of the timely, accurate preparation and submission of all global regulatory information and returns

Responsible for the preparation of all board level reporting in respect of capital resources (Global and Local). Attendance at smaller Board meetings as a Finance delegate will also be a required

Oversight of the Finance Submissions into the ICARA process and challenge of Risk models

Ownership of the Global wind down plan

Leadership & Strategy

Manage a Global Team of ~10 SMEs

Lead training and communication on capital policy changes, system enhancements, and regulatory developments

Mentor and guide subject matter experts, ensuring strong governance, risk awareness, and promote accountability and high-performance culture within the capital and reporting teams

Succession planning within the team

Assume the role as a technical regulatory advisor to the firm across all material jurisdictions

Assess the capital impact of new Business Initiatives and supporting Group-wide strategic decision-making

Deploy periodic horizon scanning to assess impact of new regulatory consultations

Drive the capital aspects of the Finance Target Operating Model and lead transformation initiatives impacting the regulatory capital process:

Lead the design and implementation of a global regulatory capital framework

Oversee the transition from existing regional Capital frameworks & functions into a new globally standardised operational Capital function

Ensuring consistency, compliance, and integration with business strategy and risk appetite

Define and take ownership of the end-to-end global regulatory capital processes, including capital forecasting, ICAAP/ICARA submissions, capital adequacy monitoring, and wind-down planning

Stakeholder Forums and Engagement

Act as the central liaison for capital-related matters between Group Finance, Risk, Compliance, Legal, and external regulators

Build and maintain strategic relationships with external auditors and regulators across the EMEA region

Represent Finance at industry forums and consultations on regulatory capital topics, providing insights to internal stakeholders

Membership of the EMEA Assets Liability Committee (ALCO) and Attendee of Global Treasury Committee

Compliance & Controls

Monitor forecast performance against capital plans and regulatory buffers, providing insight to senior leadership through advisory MI reporting

Define and track KPIs (Key Performance Indicators) and metrics related to capital adequacy, utilisation, and reporting timeliness

Ensure full compliance with applicable capital regulations (e.g. CRR, Basel III/IV), internal risk frameworks, and Group policies

Maintain robust governance around capital adequacy and regulatory reporting accuracy

Lead Finance contributions to the ICAAP/ICARA process and challenge associated risk models, assumptions, and capital buffers

Manage documentation and evidence packs for audits and supervisory reviews related to capital and financial performance

Supporting the CFO in the oversight of the Client Monies framework (CASS)

Process Optimisation & Standardisation

Partner with IT, Finance Systems, and Risk to define and deliver system requirements for capital forecasting, reporting, and ICAAP/ICARA tooling

Oversee the automation of regulatory capital inputs including GL feeds, risk data integration, and dashboarding

Support the implementation and integration of regulatory reporting solutions, enhancing data lineage, control, and auditability

Experience / Competences

Essential

Extensive years of progressive experience in finance, regulatory reporting, or capital management within a multinational financial services or banking environment

Experience with the FCA MIFIDPRU prudential regime

Exposure to global regulations with a continued drive to expand regulatory knowledge and expertise

Qualified Accountant (ACA, CIMA) with extensive post-qualification experience in leading diverse, high-performing teams in financial control roles

Proven leadership skills with an inclusive, engaging style that motivates and mobilises teams effectively

Ability to produce and present detailed Board papers at the executive level with clarity and confidence

Experience with Oracle Financials and Hyperion (HFM, Essbase, and Enterprise) preferred

Proficiency in Onestream Financials and Power BI applications

Operational Excellence & Continuous Improvement

Cross-Cultural Leadership

Must have experience in dealing with C-Suite stakeholders and demonstrable experience of working at pace

Proven experience leading global process ownership, transformation, or standardisation initiatives in a complex, international environment

Demonstrated understanding of financial controls, and cost allocation models across global entities

This role is based in London but may require occasional travel as needed

Desired

Exposure to French (ACPR), Dubai (DFSA), Singapore (MAS), Hong Kong (SEC) and USA (NFA & FINRA) prudential reporting requirements

Bachelor’s degree in Finance, Accounting, or related field; CPA preferred

Experienced in identifying and simplifying complex processes, collaborating with subject matter experts (SMEs) to document process flows, and driving a more transparent and efficient operational framework

Adaptable to change, with the ability to adjust processes and approaches to meet evolving requirements

Effective change leader with a demonstrated ability to deliver results in dynamic and challenging environments

Excellent communication skills, both written and oral, across all organisational levels

Demonstrated organisational skills, with the ability to manage and prioritise multiple tasks, ensuring the team meets deadlines

Collaborative mindset, with a history of building strong relationships across functional areas and teams

Committed to team development, with a track record of nurturing and maximising the potential of team members

Client service-oriented, with excellent interpersonal skills

Detail-oriented, ensuring quality and control, while maintaining an appreciation of the broader strategic objectives

Analytical thinker, capable of identifying problems, proposing solutions, and implementing effective remedies

Hands-on approach, with the flexibility to support other areas of the organisation as needed.

Job Band & Level

Function Head / 8

#LI-MID #LI-Hybrid

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement. 

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