Operations Manager - Capital Markets - BFSI

INVESTMENT OPERATIONS OUTSOURCING : Operations Manager - Market Operations, BANGALORE

ROLE:

Looking for a Ops Manager - Market Operations in India to manage the continued growth and responsibilities being carried out to support the service and operational delivery needs for the Investment Operations Outsourcing (IOO) clients globally.

- The role requires an in-depth understanding of the capital market, different financial instruments and their processing requirements. Should have a good understanding of financial markets, the regulations that govern them. Should have proven leadership experience in motivating, leading and managing large teams. Knowledge of business strategy development is necessary to provide long term planning and to manage the profitability/performance of a major business segment

Qualifications - External

PRINCIPAL RESPONSIBILITIES:

- Effective communication to key relationship stakeholders;

- Lead, and take staffing decisions, including performance management and administration

- Take a lead role in transition planning and execution - Participate in and understand IOO's long term global strategy to effectively support the growth

- Oversee the financial and staff resources, including developing and managing expense budgets, and ensuring that resources are available to accomplish the objectives set for the area;

- Assume full accountability for the performance/profitability of the area as compared to the plan;

- To bring in best practice into the team in all areas and leverage external relationships

- Act as a subject area expert, develop and maintain specific subject expertise within the team.

- Understand in-depth the inherent risk within key procedures, and partner with Risk Management, Control and Audit team, in assessing and managing the efficacy of the control structure.

- Display a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity

SKILLS / EXPERIENCE :

- Relevant experience of about 12-15 years in the financial securities industry of which, operations experience of at least 6-8 years in supervising teams with managerial responsibilities. Trade Support, Confirmations and Settlements experience would be an added advantage

- High level of understanding of different financial products, financial markets and regulations that govern them.

- Relevant computer literacy ( and especially Excel and Powerpoint ).

- Excellent communication skills.

- Effective coaching/ training skills.

- Client service orientation, quality focus, organisation and planning skills 

- Resiliency and effective change management skills