Assistant Manager/Manager - Regulatory Compliance - OMRC - Investment Bank

We have an requirement with Leading Investment Bank for AM / Manager

Role Title: AM/Manager

Location: Bangalore, India

Qualified Chartered Accountant/CPA /CFA/MBA from Tier I/II institute with at least 5+ years of experience in Product Control or Global Markets environment and organization of similar scale with US GAAP, IFRS, IAS reporting framework

Role Purpose (overall high level summary of the role):

- The specific role is to ensure timely and accurate production of Off-Market Rate Checking and Best Ex Monitoring processes which is a key control in mitigating operational risks of inappropriate trader activity and reputational risk.

Principal Accountabilities : Key activities and decision making areasTypical KPIs and Targets

- Support in establishing Best Execution framework for businesses in Global Markets (Cash Equities, Cash FX, FI Bonds and Derivatives) by ensuring delivery of project as per plan

- Ensure service delivery, as per standards agreed, for Off Market and Best Execution processes, i.e. investigating off market exceptions, challenging traders on Best Ex exception reasons. Documenting and assessing for reasonableness of explanation. Escalating unreasonable rationale or pattern of suspicious activity to management.

- Escalate, highlight and resolves issues and bottlenecks with swift efficiency and minimal to no impact on BAU

- Perform effective UAT and provide for any adhoctasks along with key involvement in GFC wide initiatives

- Initiate and implementhigh-impact quality projects leading to operational efficiency and encouraging team efforts towards productivity gains

- Continuous review of processes with the objective of identifying control gaps & mitigating risks, improving the service delivery timeframes and identify areas of improvement

- Acting as an individual contributorsupport team and management in better team administration,act as lead in managing contingencies, time & expectations, ensuring back-up plan and contributing to hiring & attrition management

- Exercise high degree of governance and control mechanism

- Delivery of project as per the agreed timelines

- Performance Standards as defined in PLA are met or exceeded

- Minimal errors Six Sigma approach

- Re-engineering opportunities identified and implemented

- Timely and accurate MI produced

Customers / Stakeholders : 

- Feedback on service delivery received from Business Area

- All queries acknowledged and resolved in a timely manner

- Maintain effective relationship with business areas and identify areas of service improvements by implementing regular calls and feedback

- Influence and escalate key customer issues in an effective way to ensure timely resolution

- Provide for strong support to BRCM, internal & external audit reviews

Leadership & Teamwork : 

- Feedback from peers and other colleagues

- Ability to communicate at all levels

- Feedback from peers and other colleagues

- Effectively communicate with the team members on organization strategy and goals required for the respective roles and responsibilities

- Constructive feedback of team members to manager, achieve efficiency in operations and maintain work-life balance.

- Assist in creating an environment within the team which fosters free sharing of knowledge & ideas Operational Effectiveness, Control and Management of Risk

- Zero control issues

- Internal Audit Review will determine whether the team is in full compliance with the Global Markets FIM

- Adherence to Group values, policies, audit, controls, and compliance requirements including but not limited to Declaration of secrecy, data protection act, health, safety and security, clear desk policy

- Act with high levels of integrity, conduct and performance against ethical standards. All employees should exemplify

a) The highest personal standards of integrity at all levels

b) Commitment to the truth and fair dealing

c) Openly esteemed commitment to quality and competence

d) Adherence to the Bank code of conduct

- Continually assess operational risks inherent in the processes, taking account of changing procedures, staff movements, legal and regulatory requirements, management restructures, and impact of new technology.

- Effectively drive and manage change, plan business contingency and achieve cross-training

- Ensuring BCP plan is documented, agreed with business partner and tested as per agreed timelines

- Ensure that there is full compliance with the Global Markets FIM, Internal Control Objectives

- Documented knowledge of current role

Knowledge & Experience / Qualifications (For the role not the role holder. Minimum requirements of the role.)

- Qualified Chartered Accountant/CPA /CFA/MBA from Tier I/II institute with at least 5+ years of experience in Product Control or Global Markets environment and organization of similar scale with US GAAP, IFRS, IAS reporting framework

- Knowledge of Product Control functions in a banking environment with exposure to Traded markets products is mandatory.

- Knowledge of various Global Market products like Equities, Foreign Exchange, fixed income, Derivatives - Options, Interest rate swaps, Equity Derivatives, Credit Derivatives etc.

- Proven ability to manage migrations of finance processes and exposure to diverse/multi-culture work environments with strong organization, time management and prioritization skills

- Excellent communication skills and presentation skills are mandatory, as are good tact and diplomacy, as the role requires relationship management with other individuals and teams within the Bank Group

- Interpersonal skills: persistent, ability to work effectively with senior & junior staff, ability to challenge inputs from senior colleagues in a constructive manner, ability to give feedback positively, co-ordinate work across multiple teams, multi-task.

- Orientation towards Quality (Six Sigma/Lean methodology) and technical bent of mind

- Proficiency in MS Office Suite; Exposure to Project Management Software and experience in working on MS Access databases

- Ideally, experience of leading and managing teams of between 3-5 members or experience of being a senior/deputy within a team.

- Global Exposure and experience in multi-tasking

If Interested apply with following details:

Name:
Current Organization:-
Total and relevant exp (Mention both):-
Current role profile (briefly in candidate- 's words):-
Fixed and Variable CTC (Mention both):-
Expected CTC:-
When is your appraisal due:-
Notice period:-
Flexible with 6:30 AM - 3:30 PM or 3:30 PM - 12:30 AM shifts:-
Currently in IC or Team management role:-
Current Location:-