jobseeker Logo
Now Apply on the Go!
Download iimjobs Jobseeker App and get a seamless experience for your job-hunting
08/08 Richa
Manager at Black Turtle

Views:888 Applications:136 Rec. Actions:Recruiter Actions:89

Head - Equity Settlements - BFSI (14-23 yrs)

Mumbai Job Code: 1137292

- Should have extensive experience in Capital markets especially leading front to back Securities settlements across Equity Markets at Scale

- Should have led and managed Operations transformation projects and change at scale including RPA and data analytics etc and have good track record of driving productivity and efficiency

- Should have led a minimum of 100+ members with global exposure in stakeholder management

- Strong communication and negotiation

- The right candidate will be responsible for the day to day management of seven settlement teams covering a variety of Equities products across domestic European markets. They will have a thorough understanding of securities settlement and up to date technical knowledge of various domestic markets settlement such as

- Crest, Spain, Italy, Scandinavian and emerging markets like Russia etc.

- Buy-in regulations

- Exchange deliveries

- CASS/CMAR regulations and reporting

- Exchange Futures deliveries

- Corporate action trade

- Expertise in dealing with transaction and position level Reconciliations

- Knowledge of T2S and CSDR projects

- Exchange-Moves

- In addition, they will be capable of working independently and innovatively, and have experience of running multiple teams in a high volume environment with multiple market deadlines. Knowledge of Swift Alliance, Euclid and Intellimatch would be an advantage.

- Strong risk background /culture with ability to identify future risk

- Detailed oriented in order to avoid, eliminate and mitigate risk

- Experience of thorough contingency planning to ensure strong resiliency

- Demonstrate thorough understanding of operartional front to back procedures that support IB Securties business as well securities product

- Ability to define and implement excel risk metrics to ensure process is tracked and monitored successfully

- Overall responsible for a 100+ member team to ensure the Team is set up with the right pyramid, skillsets and diversity across Levels.

- Define key Objectives & KPIs for each of the Teams within the Equity Settlement group & provide the right guidance & leadership to enable the Teams to achieve these KPIs

- Set-up objectives and review performance of all team members(Directly for L7 and L8, guidance for others)

- Monitor Productivity for Level 7/8 and create a measurable action Plan

- Plan & design resourcing strategy to manage work volumes, Support design of succession plans for key team members.

- Ensure adherence to all risk and control functions(QPM)

Process:


- Build Efficiency & Innovation

- Run The Bank : Create an environment of very strong Governance with a clear direction of driving efficiency & managing client expectations & KPIs across various processes within Settlement. Review the way processes are conducted to come up with a plan of making the organization profitable by driving standardization, industrialization and automation.

- Change the Bank : Create and manage a Change & Innovation Roadmap for the Equity Settlement Team. Work very closely with Change the Bank Team and senior Bank stakeholders to drive efficiency within the group.

Women-friendly workplace:

Maternity and Paternity Benefits

Add a note
  • Apply
  • Assess Yourself
  • Save
  • Insights (Read more)
  • Follow-up
    (Read more)
Something suspicious? Report this job posting.