Director - Derivatives Operations - APAC & India

Role: Derivative Operations (Director)

Team: Derivative Operations

Location: Mumbai

Reports to: Managing Director, Derivative Operations

Direct Reports: 3 (total team: 25-30)

Role Overview

On behalf of clients, Investment Operations is responsible for post execution support, and asset servicing, of products worldwide. Specifically, Investment Operations is responsible for trading operations, corporate actions and derivative operations, functionally. Our focus is on information integrity, leveraging global capacity and process, ensuring global operating consistency and the mitigation of risk. We service internal clients, in addition to working closely with external parties, such as custodians, prime brokers, dealers, fund administrators and other vendors.

As the head of Derivative Operations in the APAC region, this role will be responsible for the management and strategic direction of the Derivative Operations function within the APAC region and as part of the global function. This role will be a key contributor and leader within the Global Investment Operations senior leadership team.

The core Global Derivative Operations teams are currently located in Wilmington, Edinburgh, Gurgaon, and Mumbai with the Documentation functions located in New York, London and Mumbai. Additional APAC country specific teams are located in Sydney and Tokyo. Currently, core operational centres include Edinburgh, Wilmington and India.

Key Responsibilities

- Scope of responsibilities includes oversight of derivative servicing activity; i.e. exchange traded derivative marginalizing, OTC collateral management, periodic payments and trading agreement documentation across all 10,000+ client portfolios.

- Manage regional staff of approximately 30 individuals

- Implement a strategic derivative operations support model in APAC and India

- Support and implement platform changes resulting from regulatory rule changes.

- Represent in relevant regional industry forms

- Provide strategic direction for the development of the Aladdin Derivative support platform.This includes a robust risk monitoring environment to ensure all functions are performed routinely to minimize risk to clients.

- Collaborate with key constituents, internally and externally, to ensure a globally consistent and tightly controlled environment

- Institute effective monitoring and controls to mitigate risk

- Provide regular updates to Investment Operations senior management

Business Process & Control

- Maintain appropriate control procedures for gathering, analyzing and disclosing all derivative operations related activities

- Evaluate the internal control environment to develop and improve the firm's controls.

- Provide full transparency around service level requirements with both internal constituents and external service providers including custodians, accounting agents, and vendors.

- Understand and promote appropriate operating controls across the business.

- Train, mentor and develop a highly qualified and motivated team.

Qualifications:

- Bachelor's degree in Accounting, Finance or Economics.

- Minimum 15 years of derivative operations experience.

- Regional leadership and functional oversight

- Strong organizational and interpersonal skills.

- Advanced level of operational processes, with specific understanding of risk and operating controls

- Strong communication skills - both oral and written; ability to communicate effectively with senior management, clients and external Providers.

- Successful leadership skills and experience managing global teams, including integrating and executing processes and controls across multiple locations.

- Relationship management skills for partnerships with internal client constituents and external service providers.

- Significant experience effecting and managing change across a large organization.