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 underpin everything that we do at CLS and define our working environment:

Pivotal purpose
Trusted guardian
Targeted innovation
Facilitate connections
Delivering excellence
Inclusive culture

Job information:

Functional title – Vice President, Strategy & Innovation Public Policy
Department – Office of CEO
Corporate level – Vice President
Report to – Executive Director, Strategy & Innovation
Location – London

What you will be doing:

The CEO Office supports the evolution and maintenance of the company’s strategy and owns the performance metrics. In this context, it monitors business and technology trends which may impact the company’s business, and steers innovation research and experimentation efforts. The CEO Office is responsible for determining and implementing the global communications marketing strategy across all external audiences and leads public policy efforts. It provides the secretariat function for CLS-internal governance bodies and facilitates the company’s decision-making processes. The CEO Office also coordinates the firm’s public policy activities.

The Vice-President of Public Policy assists the Executive Director, Strategy & Innovation, the Managing Director, Office of the CEO, and the CEO in proactively supporting and facilitating the organization’s engagement with the global public policy agenda for financial market infrastructure. The role ensures that the organization contributes substantively to global policy discussions, develops well-evidenced public policy positions, and supports senior management in their interactions with public policymakers. Concrete activities include:

Supporting the CEO and the Head of the CEO Office in expanding CLS's network of industry and public policy stakeholders; facilitating stakeholder management with policymakers and senior executives of CLS shareholders; preparing agendas, meeting materials and minutes for related meetings
Supporting the firm’s activities around the FSB’s G20 cross-border roadmap with a focus on membership in the CPMI Payment Interoperability and Extension Task Force; preparing and contributing to papers and participating in related meetings
Coordinating and contributing to analysis around the BIS Triennial Survey of foreign exchange and over-the-counter derivatives markets and the regular surveys conducted at jurisdictional FX Committee level
Coordinating CLS engagement with the Global Foreign Exchange Committee (GFXC) and local FX Committees; coordinating the development of positions on FX Global Code reviews
Tracking policy developments and consultations affecting CLS’s strategic direction of its services and innovation agenda; coordinating the preparation of consultation responses and drafting of consultation response letters
Authoring white papers and speeches which focus on strengthening the firm’s institutional image; coordinating with Communications and Marketing to align events and media activities with CLS's public policy objectives

What we are looking for:

5+ years’ experience in business development, policy or regulatory affairs, particularly in financial services, insurance or highly regulated environments