AVP - Brokerage Operations - Investment Bank

One of our leading Investment Banking clients in Gurugram is looking for AVP role who has strong work experience in Brokerage and Investment banking Operations.

Designation: AVP (Supervisory)

Education: MBA or Excellent graduate level education

Experience: 13 - 16 Years

Skillset: Experience in Brokerage operations, Securities, equity Products, and strong in people Management.

Shift: US Shift

Location: Gurugram

Process details:

Payables: The Brokerage team processes invoices received from Brokers for trading. The process involves reconciliation of trades in trade records and investigating the discrepancies. Verify commission rates against rates schedules, and liaise with the sales/trade desks and Brokers if there are any discrepancies. The process covers brokerage payable for products like Foreign Exchange, Credit Derivatives, Rates Derivatives, Fixed Income, Commodities and Futures.

Receivables: Consists of receivables in which we charge a commission and generate invoices to institutional clients. Other key activities include forecasting, tracking, follow ups and reporting.

Job Description: This is a people manager role. Apart from team and delivery management, the incumbent will be expected to be able to:

1. Formulate Strategies and Policies

2. Arrangement and Allocation of Team Funds

3. Translates business strategy into work programs and processes

4. Directs lower-level managers or team leaders or directly manages a specialty function

Responsibilities:

- Familiarity with markets products ideally in more than one asset class.

- Proven track to Execute and Deliver

- Risk and internal controls experience

- Manage teams across time zones and regions - APAC / EMEA / AMRS

- Ability to cope with delivery within very tight deadlines under high pressure.

- Ability to manage large teams and work with across teams/locations to accomplish goals in a timely manner.

- Excellent verbal and written communication skills and effective interpersonal skills.

- Proven track record of interpersonal, leadership, and communication (both written and oral) skills

- Build out management information suite to track progress of role objectives

- Demonstrable ability to cultivate and nurture credibility-based relationships with stakeholders and partners across all levels and functional areas

- Escalation of critical risks & non-compliance with policies, standards, and limits

- Assessment of high risk processes, issues and emerging risks

- Strong analytic, logical reasoning, and problem solving, risk vs. reward skills

- Mandatory skills: Successful track record in the capital markets industry

- Good appreciation of current market trends in Capital Markets

- Good (in depth at Manager Level) understanding of one or more capital markets product areas (including OTC and exchange traded / listed derivatives, equity and fixed income securities, repo / stock lending, commodities and FX)

- Ability to develop and deliver high quality output against stated project objectives and meet tight deadlines