Team Lead - FX & Derivatives Operations - Treasury Back Office

Operations Management & Vendor Management :

- Hands on experience of Processing of derivative & FX transactions

- Knowledge of all complex and exotic derivative products

- Well versed with all prevalent RBI guidelines on Derivative/ FX business

- Thorough with the accounting schema of all FX Products

- Ensures that all transactions are processed as per agreed SLA/approved procedures and guidelines

- Ensures nil operational losses/revenue leakages.

- Accepts responsibility and accountability for execution of all operational processes.

- Ensures timely review & renewal that all process notes, flowcharts, checklist etc that is referred to by the unit

- Reports to the business head on any changes in the process followed or deviation from the standard process & if need be make relevant changes & obtain approvals

- Plans & conduct periodic meetings with stake holders & ensure corrective & preventive actions are in place based on the feedback

- Ensures tracking of open items related to the department and their logical closures

- Ensures proper due diligence of new products & processes and every inherent risk is documented with mitigants are put in place

Performance Dashboards :

- To ensure performance review mechanisms are in place and practically translated into action within the area of responsibility to achieve strategies, objectives and team plans

- Identify training, development needs of the team, conduct training at frequent intervals to meet the training requirements

Audit & Compliance :

- Ensure satisfactory audit rating (internal and regulatory) for the business.

- Take corrective action and ensure compliance with audit findings.

- Ensure tracking of open audit items related to the department and their logical closures.

- Process Improvement & Automation

- Encourage, Drive & formulate process improvement ideas/projects in the unit resulting in cost saves or productivity improvements

- Assist in new Product and Process Implementation

- Ensure detailed UAT of new products and identifying automation projects for faster and robust processes