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16/03 Stalin
Director at Nastech Consulting

Views:399 Applications:75 Rec. Actions:Recruiter Actions:1

Vice President - OTC Derivative - BFSI (9-13 yrs)

Pune Job Code: 808849

OTC Derivative (VP) - This role is for female candidates only


Job Description :

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.

- 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

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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