Chat

iimjobs

jobseeker Logo
Now Apply on the Go!
Download iimjobs Jobseeker App and get a seamless experience for your job-hunting
15/01 Shraddha Mehta
Principal Consultant at Seventh Edge Consulting Pvt Ltd

Views:1211 Applications:177 Rec. Actions:Recruiter Actions:6

Vice President - FX/Derivatives - Investment Bank (10-20 yrs)

Mumbai Job Code: 785862

Job Description : Vice President

Primary Location : IN-Pune

Job Title : Vice President

Location : Pune

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.

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

- Build and maintain approprirate BCP and Operational Transferrance programs.

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

- To interact with senior management to ensure transparency and smooth delivery of business requirements

- 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.

- Continual review of existing processes to ensure exceptional performance, efficiency and risk management. Carry out complex analysis to identify innovative ways to improve straight-through processing, client experience, performance against regulatory targets and the firm's standing against its peers.

- Active member of the DFX management team. Full participation in discussions regarding the global footprint, and the strategic direction of the group as a whole. Leadership and involvement in firm wide people initiatives, with particular focus on the development and replication of these initiatives in Chennai.

- 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. Firm representation at relative industry forums; ensure Barclays is viewed as the leader amongst its peers and driving change within the industry.

- Effective management of operational costs to ensure the function is performed within budget. Proactively identify opportunities to lower operating costs, whilst maintaining performance.

- Foster strong working relationships with both internal (i.e. FO, Audit, Compliance, Legal and Finance) and external counterparts (i.e. Regulators, External Audit and Vendors). Confident communication (written, verbal / presentations). Effective management of key client relationships and promotion of Barclays Operations as a differentiating factor from its peers

What we are looking for:

- Relevant years of experience in a banking operations

- Relevant experience in a Senior Operations Manager role

- Degree educated

- The candidate should have a history of cross operational expertise with detailed knowledge of trade processing and settlement process.

- Strong understanding of the end-to-end processes in the Confirmations and/or Settlements

- Proven track record at managing diverse teams

- Strong communication skills, fluent in English

- Ability to run and manage large teams

- Ability to lead from front and also act as key team player

- Strong people management skills

- Strong Risk and Control focus

- A high level of focus on strategic vision

- Strong understanding of relevant and up-to-date technical knowledge, applications and techniques.

- Strong understanding of the changing regulatory environment and its impact on Operations.

- Excellent project management skills and a proven track record of implementing change

- Ability to liaise effectively with internal and external clients.

- Insight into external market developments and initiatives

- Highly numerate with analytical problem solving ability.

- Results driven.

- Self Starter / Ambitious

Skills that will help you in the role:

- Understanding of CLS, Exchange & related Market Regulations

- FX, Derivatives and OTC Equities Product experience.

Where will you be working?

Pune

Candidates who are currently at VP designation can only apply for this role

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

Add a note
  • Apply
  • Assess Yourself
  • Save
  • Insights
  • Follow-up
Something suspicious? Report this job posting.