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Job Views:  
2331
Applications:  45
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Job Code

282115

Vice President - Derivatives Confirmations

10 - 18 Years.Chennai
Posted 8 years ago
Posted 8 years ago

- Leadership role in the migration of Derivative Confirmation functions from donor locations to the site in Mumbai/Chennai. Including:

- Oversight of recruitment, training and ongoing development of staff. Team size is expected to be 60 FTE by the end of Q4 2015 and additional functions from other Operational areas may also be incorporated into the proposed structure.

- Development and implementation of department wide policies and procedures, and responsibility for directing day-to-day operations

- Management oversight of all KRI's and KPIs

- 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 Mumbai/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.

Teams - Main Duties

- Trade affirmation

- Electronic trade confirmation

- Paper trade confirmation generation and execution

- Investigate and resolve all differences in a timely manner with clients.

- Liaise with the Desk, Sales team, Trade Support, Settlements and other departments to resolve client queries.

- Manage and effectively resolve all incoming queries from clients within a pre-agreed time-frame.

- Contribute to the specification and testing of improvements for all systems and processes.

- Uphold the controls and procedures for the team, review and update as necessary.

- Prepare Local and Global MIS

- Cross train on all functions performed within the team and across the department.

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Posted By

Job Views:  
2331
Applications:  45
Recruiter Actions:  8

Job Code

282115

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