Vice President - Fixed Income Operation & Money Market - BFSI

JOB DESCRIPTION

Job Title: Vice President Department: Operation Fixed Income &

Money Market

Reports to: Sr. Vice President Experience:

At least around 20 years in the front office / back office of the domestic treasury preferably in a bank. Preferably having handled deposit, advances and loan documentations.

Required Qualification: Post Graduate

Preferred Qualification: MBA (Finance), CAIIB, Profession qualifications such as CA

Skill, Knowledge & Trainings:

- Leadership skills

- Team building

- Good communication and presentation skills

- Proactive and solutions oriented, able to think outside the box and make connections through lateral-thinking

- Should demonstrate good planning & organisational skill, sound analytical and decisionmaking capabilities.

- Able to maintain confidentiality, tact and discretion when dealing with people.

- Excellent oral and written communication skills

Core Competencies:

- Understanding of PFMI guidelines, CCP functions

- Complete awareness of Regulatory guidelines, pertaining Fixed Income & Money Market

- Domain skill sets about, G.Sec, Money market and investments;

- A team leader, with abilities to mould the staff into to a unit synchronising their goals with organisational goals

- Self-starter with strong organizational skills and attention to detail

- Ability to prioritise, multi task to manage concurrent projects, work independently and exercise good judgment

Functional Competencies:

- Market structure for Primary Auctions and secondary market trading in G.Sec;

- Conceptual clarity on Triparty Repos and relevant regulatory guidelines;

- Full knowledge of all secondary market settlement (Fixed Income, Money Market, Forex and Rupee derivatives), operations and accounting, regulations, etc

- Broad understand of RBI systems such as eKuber, NG RTGS, SFMS etc

- A working knowledge of the regulatory issues affecting the securities market

- Good knowledge of Information Technology and Information Security.

Job Purpose:

The incumbent will have primary responsibility for managing a team , leading all operations and developments in the area.

Area of Operation/Key Responsibility:

- Lead, coordinate and oversee all operations for clearing and settlement of Government Securities (Outright, market repo and Tri party Repo, USD-INR investments, Collateral and funds management including funds and securities Lines of credit)

- Oversee all operations for TREPS Trading Platform(Tri party Repo) and lead enhancements to TREPS,

- Conceptualise the business requirements, lead the team through User Acceptance Test and plan for successful migration;

- Be conversant with applicable laws pertaining to Payment Systems, and be able to finalise the Regulations.

- Interaction with the Regulators and making presentations to them, wherever necessary, and follow up for obtaining requisite approvals.

- Conduct User Group meetings, interact with member banks and respond to all queries

- Review Standard Operating Procedures and ensure all activities are performed in terms of SOPs put in place.

- Ensure timely LOC renewals;

- Build/maintain relationships with members, regulators, etc;

- Coordinate with other departments where necessary

- Interaction with senior executives/ Directors of the Board etc; in a formal environment