Assistant Vice President/Vice President - OTC Derivatives - Investment Banking

IB experience is must

Only female prospect

Currently at AVP/ VP level.

VP- OTC Derivatives

Exp:10-14 yrs

Location: Pune

Shift: 5AM-1 PM

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 Company 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 Company's Operations as a differentiating factor from its peers