We are looking for a Senior Resource with hands on experience in Global Market Operations (FX Settlement) at VP Grade in Pune.

Grade - Vice President - GMO (Global Market Operations)

Job Description.

Overall purpose of role

Lead, manage and provide functional supervision settlements team/s in the Fx and Derivative products. The primary focus is to ensure that all activities are met according to pre-defined SLA, monitor and escalate key issues to the appropriate representatives The role holder will be required to partner the Business Engagement lead on DFX queries and escalations and drive pro-active partnership with the IB business and external parties through product and process expertise aligned with collaboration with functional leads.

Key Accountabilities

- Ownership and accountability of the Derivative and FX trade settlement and or confirmations.

- Will be responsible in ensuring timely settlement of time critical payments which may include vendor, internal and external payments

- Build and maintain appropriate BCP and Operational Transference programs.

- To review and own key risk and control issues, driving continuous process improvement and technical understanding of a high risk operational process.

- To interact with senior management to ensure transparency and smooth delivery of business requirements

- Will be responsible for supervising the overall service delivered to the business and manage both the risk and strategy to maintain an effective business delivery

- Will be responsible to ensure KRIs are monitored, managed and escalated appropriately

- Will be the key DFX point of escalation and engagement relating to Controls and governance, change strategies and Tech automation.

- Development and implementation of department wide policies and procedures, and responsibility for directing day-to-day operations

- Ensure all applicable governance, compliance, risk policies and procedures are adhered to and a mechanism exists to promote escalation by staff where appropriate.

- The role holder will interact with key senior management inclusive of operations and the business.

- The role holder will also be required to interact globally with senior stakeholders to ensure engagement and agreement on global executions.

- The role holder will engage with various infrastructure leads ranging from finance, IT and front office.

- The role holder will also need to interact with junior staff to help mentor, develop, train and retain.

Essential Skills/Basic Qualifications:

- Relevant years of experience in a banking operations

- Relevant experience in a Senior Operations Manager role

- The candidate should have a history of cross operational expertise with detailed knowledge of trade processing and settlement process.

- Strong understanding of the end-to-end processes in the Confirmations and/or Settlements

- Proven track record at managing diverse teams

- Ability to run and manage large teams

- Strong Risk and Control focus

- Strong understanding of relevant and up-to-date technical knowledge, applications and techniques.

- Strong understanding of the changing regulatory environment and its impact on Operations.

- Excellent project management skills and a proven track record of implementing change

- Ability to liaise effectively with internal and external clients.

- Insight into external market developments and initiatives

Preferred Skills/Experience:

- Understanding of CLS, Exchange & related Market Regulations

- FX, Derivatives and OTC Equities Product experience.

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