AVP/VP - Derivatives & FX Settlements - Investment Banking

Job Description :

- Individual manages multiple teams in global markets operations supporting Derivatives & FX in one or more functional areas (Settlements, Reconciliation, and Investigations etc.).

- Manages operations functions that typically have a high level of regulatory risk, client servicing, monetary exposure and reputation/financial loss due to transaction nature and daily production windows, which can impact client relationships.

- Manages daily activities ensuring adherence to deadlines and quality standards and adherence to procedures and regulatory requirements. Develops and implements new processes and procedures to improve operating efficiency, timeliness and workflow coordination. May have responsibility for or provide input on budget/expense management, reporting and forecasting. Requires full working knowledge of Derivatives and FX operations functions. Leads and directs the work of others and ensures staffing levels and capacity are appropriate to meet production requirements.

- Interacts with business partners and their support groups (Compliance, Audit, Finance, etc.), as well as external clients. To be responsible for working with Sales, Front office and product teams in designing new products and implementation of same including technology development.

- Employees in this role typically have prior line management experience and/or have prior operations management experience in the specific functional/product area managed. Directly manages 4-8 associates and has a department of 40 - 100 associates and may cover multiple shifts/sites.

Responsibilities :

This is a very dynamic and evolving function with a significant transformational element. This person will lead the Derivatives and FX settlement teams providing coverage for global functions.

Key responsibilities include :

- E2E of Derivatives and FX settlements

- Be the go-to person for all matters pertaining to the function like settlements, reconciliation, investigations

- Good understanding of SWIFT, exotic currencies flow (CNY, KRW, TWD, BRL, COP etc)

- Breaks management and control oversight

- Partner with the other regional teams to help move this team into a true global service model

- Pro-actively challenge the status quo, identify and drive change to improve upon the current model

- Inject governance, reporting and transparency into the day to day activities

- Negotiate delicate decision points around the function using a commercial, control and pragmatic mind-set

Requirements :

- Previous FX and/or payment operations experience covering multiple functions

- Familiarity with markets products and offering related to Retail FX and Payments

- Previous client facing skills ideally with an operational context

- Proven track record (5+ years) of multi-tasking, able to juggle multiple priorities

- Relationship management skills

- Stakeholder management

- Structured and logical thinker

- Delivery focussed, driven to improve

- Partnership and communication skills

- Presentation skills, able to summarise messages

- Strong assertiveness, listening, influencing and diplomacy skills.

- Ability to run effective meetings

- Self-motivated.

- Competent with MS products: Word, Excel, PowerPoint, Project and Visio

Interested Candidate Can Apply

Renita Frank