Job Title: VP Head of Client Valuations Location: Chennai Description About Bank - This is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. Risk and Control Objective Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Bank Policies and Policy Standards. Working Flexibly We're committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers' and clients' needs. Whether you have family commitments or you're a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility then please discuss this with the hiring manager. Hybrid Working We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We're flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances These requests will be reviewed and agreed for a period of time i.e., will have a start and end date. Please discuss the detail of the working pattern options for the role with the hiring manager. Introduction: The role requires a strong understanding of the underlying products and an ability to liaise with all areas of the business including Sales, Trading, Middle Office and the clients to ensure issues are resolved in a timely manner. What will you be doing ? - Ensure all Margin calls have gone through required due diligence on data quality and margin policy and sent to client within agreed timeline - Optimize collateral portfolio view by consolidating collateral positions across iRepo - Perform controls to ensure all trades subject to margining is captured in the margin process - Agree tri-party and Stock Borrow of lending collateral requirements with clients and trading desk, answer booking queries from trade capture utility (TCU) teams - Management Reporting - consolidated reporting & escalation on daily volume and risk issues. - Provide oversight and escalation of settlement fails, Investigation and resolution of margin call disputes, involving interaction with various internal areas (Front Office, Legal, Credit Risk Management and Operations) - Responsible for procedure, checklist and process flow updates and is held accountable on governance meetings - Uphold the controls and procedures for the team and highlight any control gaps identified to management to ensure that these are reviewed and addressed as necessary. - Participation in key industry initiatives, constantly striving to push the team forward.. Drive process improvements within the team to drive efficiency and cost savings: - Strong analytical skills required to perform complex analysis on the volumes and process flow to identify the root cause. - Suggest innovative solutions to improve efficiency and provide the VP with a detailed breakdown to quantify the time/ headcount savings from the initiative. What we're looking for: - Degree educated with relevant years' experience preferably in an OTC Derivatives environment. - Relevant years of management experience with proven track record at managing diverse teams. Degree Educated - Extensive technical knowledge of the derivative products within remit - A high level of focus on strategic vision - Strong understanding of the end-to-end processes in the Confirmations and/or Settlements area - Experience gained in High Volume House and client service environment. - Strong knowledge of Microsoft Excel - Strong communication and negotiation skills in order to manage the relationship with Premier clients, fluent in English. - Highly numerate with analytical problem solving ability Result driven. Skills that will help you in the role: - Bachelor degree or equivalent experience (5 + years) in a securities financing function or other collateral management and margin process - Direct experience of the fixed income financing functions would be a significant advantage. Broad business and operational knowledge across markets and asset classes is valuable. - Strong approach to risk management and awareness of control across line functions. - Excellent interpersonal skills including relationship management, communication and teamwork. - Strong analytical and problem solving skills. Well organised with good time management skills and the ability to meet tight deadlines and prioritise tasks. - Proactive and positive attitude and desire to make a difference. - Detailed and meticulous, consistently delivering a high level of accuracy and attention to detail with high quality output. - Able to multi-task and prioritise accordingly in a highly pressurised environment. - Willing to take on responsibility. Where will you be working ? Chennai Purpose, Values and Mindset We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term. Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship. Respect We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution. Integrity We operate with honesty, transparency and fairness in all we do. Service We act with empathy and humility, putting the people and businesses we serve at the centre of what we do. Excellence We champion innovation, and use our energy, expertise and resources to make a positive difference. Stewardship We prize sustainability, and are passionate about leaving things better than we found them. Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive. Empower Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure. Challenge Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints. Drive Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.

Chennai

Vice President - Client Valuations Head - Bank 

Vice President - Client Valuations Head - Bank  ,Job Description for Vice President - Client Valuations Head - Bank  in Recruitment Firm in  Chennai for (10-25) years of experience. Apply Now!

Job Description for Vice President - Client Valuations Head - Bank  in Recruitment Firm in  Chennai for (10-25) years of experience. Apply Now!