AVP - OTC Confirmation - Investment Banking

JOB DESCRIPTION

POSITION SPECIFICATIONS :

Division : Core Operations

Function : OTC Confirmations (FID/ Equity & Inbound/ Outbound)

Job Title : Asst. Vice President

Reporting To : Vice President

Experience : 8-12 years relevant experience

Qualification : Graduate/ Post Graduate/ MBA (Finance)

JOB ATTRIBUTES :

Role and Responsibilities :

- Managing the OTC Confirmations (FID/ Equity & Inbound/ Outbound) supporting the Onshore locations businesses across EMEA, North America & ASIA

- Monitor Verbal Affirmation, Chasing, DTCC, Matching, Queries, Indexing and Execution of trade confirmation

- Monitor Drafting, Reviewing, Verification of trade queues and Validation of daily trade feeds

- Demonstrates ownership and takes accountability for end-to-end processing

- Identifying and driving key initiatives to improve process efficiencies, strengthening controls and delivering productivity for the processes managed out of Powai and Globally

- Delivering productivity saves to the business

- Driving an active people’s agenda to ensure that all staff are effectively engaged

- Building relationships with businesses and counterparties to ensure that there is effective escalation

- Maintaining Green KPIs/ Regulatory targets

- Ensuring timely escalations within the Operations groups and Middle Offices to ensure prompt resolution of exceptions

- Understand needs and sensitivities of internal and external clients and proactively ensures these are met

- Drive for client satisfaction & quality of service

- Ensure iCheck List is updated for all daily tasks performed

Essential Skills and Experience Required :

Product Knowledge:

- The candidate should have a good working knowledge of:-

- Rates & Credit: Swaps/FRA’s, Swaptions, Cap & Floor, CDS, CDO and Structured products

- Equity: Swaps, Options, Variance, Dividend and other Structured products

- He/ She should also have proven risk management experience

- Strong knowledge around derivatives products and market terminologies

- Conversant with ISDA standards & definitions

- He/ She should be familiar with DTCC, Swapswire functionality

Personal Skills:

- Leadership skills

- Excellent relationship-building and time management skills

- Ability to Identify and drive change

- Well-developed problem solving and decision-making aptitudes

- Results-orientated

- Control focused

- Demonstrate prioritisation and ability to work under pressure

- Ability to present key issues to senior management

- Structured and logical thought process with sound analytical skills

- Self motivated with the ability to motivate others

Essential Qualification and Experience Required :

- Graduate/Post Graduate/ MBA (Finance) with minimum 7-9 yrs experience in Investment Banking Operations (FID/ Equity & Inbound/ Outbound), preferably in Global Market Operations

Hours of Work / Shift Work :

- Open to work extended UK as well as US Shift