Vice President - Derivative & FX Trade Settlement - Investment Bank

Lead, manage and provide functional supervision settlements team/s in the Fx and Derivative products.

- The primary focus is to ensure that all activities are met according to pre-defined SLA, monitor and escalate key issues to the appropriate representatives.

- The role holder will be required to partner the Business Engagement lead on DFX queries and escalations and drive pro-active partnership with the IB business and external parties through product and process expertise aligned with collaboration with functional leads.

Skills that will help you in the role :

- Understanding of CLS, Exchange & related Market Regulations

- FX, Derivatives and OTC Equities Product experience.

What will you be doing?

- Ownership and accountability of the Derivative and FX trade settlement and or confirmations.

- Will be responsible in ensuring timely settlement of time critical payments which may include vendor, internal and external payments

- To review and own key risk and control issues, driving continuous process improvement and technical understanding of a high risk operational process.

- Will be responsible for supervising the overall service delivered to the business and manage both the risk and strategy to maintain an effective business delivery

- Will be responsible to ensure KRIs are monitored, managed and escalated appropriately

- Will be the key DFX point of escalation and engagement relating to Controls and governance, change strategies and Tech automation.

- Development and implementation of department wide policies and procedures, and responsibility for directing day-to-day operations

- Ensure all applicable governance, compliance, risk policies and procedures are adhered to and a mechanism exists to promote escalation by staff where appropriate.

- Full participation in discussions regarding the global footprint, and the strategic direction of the group as a whole.

- Active participation in external market developments and initiatives.

- Detailed understanding of changes within the regulatory environment and the expected impact on the functions under management.