Deutsche Bank - Director - Operation Manager - India Margin

Role Description:

The India Margin Operations Manager will form part of the Global Margin Operations organisation and will be responsible and accountable for the delivery of the day-to-day operations. She/he will lead the people development agenda in the team, optimize the process delivery through tactical and strategic initiative to reduce risks while ensuring that costs are managed, and benefits delivered. This role will report functionally to the India Head of Margin Operations.

Key responsibilities:

- India Margin Operations Manager will support the India Head of Margin Operations, covering the Bangalore & Jaipur locations which covers circa100 staff, providing Operations support primarily to the FIC business (Asia, EMEA, US)

- Advise relevant senior management and representatives in the Business, clients, audit and other Infrastructure functions on Operations Processes and respective risks

- Evaluate new transactions, products, and Business initiatives in close partnership with relevant stakeholders.

- Develop/maintain/enhance an effective control framework/environment

- Hire, develop and reward staff based on meritocracy and promote collaboration and diversity, identify, and develop high performers

- Support, develop and implement a multi-year strategy for Margin Operations in conjunction with Business, Technology and other Functional Global leads

- Strategically influence the Margin Operations roadmap to ensure DB are at or above competitor levels in terms of platforms and infrastructure

- Engage in client reviews to ensure best in class service is delivered, monitoring client satisfaction & service levels

- Management of budget and headcount to achieve agreed targets

- Maintain and cultivate a culture and environment where processes and control are continuously monitored, and risks escalated in timely manner Experience/skills

- A minimum 15 years of experience in Operations, Settlements and Payment processing

- Strong understanding of Margin and Fixed Income products and excellent understanding of their associated controls. Appreciation of the risks in the various processes in Margin processing for multiple products OTC, Cleared OTC, Repo and Listed Derivatives.

- A proven, considerable level of analytical, problem solving and resource planning skills

- Demonstration of excellent communication and influencing skills - Build a strong partnership with global teams across Operations, Business and Technology teams

- An ability to work independently to solve business problems, an inquisitive nature, a willingness to ask questions and challenge, ability to work in fast-paced environment and guide and mentor more junior team members

- Excellent communication skills with good proficiency with MS excel tools like MS Excel, MS Power Point