Assistant Vice President/Vice President - Hedge Funds

Impact on the Business/Function

- Typically Managing - 40-60 FTEs

- USD1m-1.75m, dependent on local site costs

- Alternative clients, supporting product / sub products at a regional level as follows:

- Single Product :Fund Services

- Multiple Sub Products: Pricing, Reconciliations and or GAV/NAV.

- Manage costs in line with ROP

- Improve operational efficiency on year to year basis to minimize overall cost and marginal cost of new business

- Ensure service delivery quality and timeliness meet/exceed agreed threshold.

- Support Global Operating Model/Workflow/ Platform Change initiatives

Customers / Stakeholders :

- Supporting single product and multiple sub product, multiple region, multiple jurisdiction as follows:

- Multiple Region: (Europe / APAC)

- Multiple Jurisdictions : (Ireland/Edinburg /Middle East/Hong Kong / Singapore )

- Engage with the stakeholders to ensure team is aware of the changing expectations and challenges

- Ensure understanding of the various requirement for various jurisdictions and thereby end client

- Ensure regular business calls are held and actionable are completed within timelines

Leadership & Teamwork :

- Typically managing 40- 60 FTE, dependent on current BAU footprint and projected growth

- Typically managing from 4 - 6 directs, dependent on current BAU footprint and projected growth

- Will be responsible for leading the team in Kolkata for Pricing and Reconciliations and or GAV/NAV for various jurisdictions

- Attrition rate maintained within annual performance target

- Recruitment/training of teams managed

- Develop a culture of meritocracy, high performance standards and high achievement

- Manage Succession planning for Key resources.

- Create best place to work as evidenced through future GPS scores

Operational Effectiveness & Control :

- Overall volume at Sub Product Level:

45k-50k Reconciliations Packs and or approx. 8k to 10k GAV/NAV packs on annual basis.

- Multiple Product / Sub Product. Multiple Region / Multiple Jurisdiction - Significant complexity/risk and engagement with business partners and external market / client/Auditors. New funds are being on-boarded directly in the SSO, with expectation of BAU delivery from day 1.

- Migration of more complex activities from multiple jurisdictions to HSSO.

- Operational risk threshold through 'single event' control failure identified to USD10m based on 3-5 year data.

- Large variation and the manual nature of processes required by Product / System / Country / Client

- Service Delivery quality/timeliness is within/exceeding agreed limits and regularly reported to stakeholders

- Ensure effective production management capacity is in place for the process.

- Work towards minimizing business variance across jurisdictions/regions through standardization No Repeat high risk finding in Internal audits

- Manage migrations within project agreed timelines and risk parameters

- Reduce Operational Losses on year-on-year basis and contain within agreed risk limits.

- Establish effective BCP for the processes.