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31/01 Nikita
Senior Recruiter at Credence HR Services

Views:1713 Applications:285 Rec. Actions:Recruiter Actions:18

Vice President - Custody Middle Office Operations - Investment Banking (9-15 yrs)

Bangalore/Hyderabad Job Code: 792515

Vice President - Middle office

We Are Hiring For Custody Middle office Role.

Role: Middle Office covers trade instruction capture, settlement; fail management, cash instruction capture, projections, overdrafts, asset servicing instruction capture, dividends, foreign exchange, collateral, derivatives lifecycle management, and bank loans

Role Description /Role Summary/Purpose:

Job description : 

The incumbent will be responsible for managing Custody Middle Office

- The Custody Middle Office is responsible for ensuring all aspects of operations for clients are completed, transactions are processed on time, exceptions are resolved proactively; provide a single point of contact team and subject matter expertise to the clients. Middle Office covers trade instruction capture, settlement; fail management, cash instruction capture, projections, overdrafts, asset servicing instruction capture, dividends, foreign exchange, collateral, derivatives lifecycle management and bank loans

Essential Responsibilities :

- Execution of daily business as usual (BAU) tasks/activities in the most efficient and highly control framework oriented environment

- Exhibit knowledge on Signature Validation for Trade/ Payment instructions received from Clients

- Clarity about beneficiary account details to verify during Callback for Outgoing payments

- Publishing / Review of Daily/weekly performance metrics pertaining to the function and to identify and track reasons for deviation from agreed levels or expected behavior

- Ensure follow up and escalate for all aging items.

- Ensure timely review and certification of Authentication function Procedures, Operating Service Agreements and Business Resiliency plans

- Review and improve on productivity benchmarks on an ongoing basis

- Active participation in multiple forums such as Product, Client Service, Strategy to analyze the impact basis market changes and to drive Tech Initiatives to meet client expectation and internal functional goals

- Create strong resiliency & backups within the team by active involvement in the day to day activities and training initiatives

- Work in partnership with Operations Control Management / Risk teams for performing QA testing, MIS and Internal and External Audits.

Core Abilities : 

- Excellent prior custody & fund services, markets or prime brokerage operational experience

- Ability to be flexible, follow tight deadlines, organize and prioritize work

- Strong analytical and problem-solving skills including taking the initiative to drive change and enhance controls

- Ability to manage through a changing business landscape

- Candidate must have a control focused agenda and a thorough understanding of program/project risk

- Anticipate issues and aggressively drive initiatives to ensure results

People and Communication : 

- Strong oral and written communication and presentation skills including the ability to communicate strategic messages clearly and consistently with the team, making linkages to individual goals and accomplishments

- Proactive in identifying and escalating issues

- Business and Subject Matter Knowledge

- Strong financial markets product knowledge and understanding of the transaction lifecycle in Custody

- Subject matter expertise in Equities, Fixed Income, FX, Collateral, Derivatives preferred

Education and Certifications : 

- Proficiency in MS Excel and an ability to clearly storyboard using PowerPoint is essential

Behavioral Competencies : 

- A logical, structured approach to planning, problem solving and decision-making

- Self-starter with an ability to manage workload and deliverables for the team.

Looking For Diversity Profiles only

Nikita Uchwani
Specialist BFSI
Credence HR Services
No: 7410033808
contact 7410033808

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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