Vice President - Operations - OTC Derivatives Confirmations - Bank

Division Overview:

The Division is responsible for the management and processing of OTC derivatives confirmations transactions on a daily basis. This role supports Trade Affirmations, Drafting, Chasing and matching for the cross asset OTC derivatives products. In partnership with Trading, Middle Office, Regional Stake Holders, Information Technology and other teams from across the Bank, we apply a continual focus on improving productivity and efficiency, while seeking new and innovative ways to support our clients / desks changing needs.

Position Specifications:

Corporate Title: Vice President

Functional Title: Vice President

Experience: 12+ years

Qualification Any graduate (Preferable MBA)

Role & Responsibilities:

- The OTC Derivatives Confirmations group is responsible for the Affirmation, Drafting, Chasing, Indexing and Execution of Confirmations arising from the OTC trading of financial derivatives, in line with International Swaps and Derivatives Association (ISDA) regulations. The group aims to execute confirmations in line with the FED Targets, CFTC, EMIR, etc. to minimise firm operational risk for all open trades. Any trade booking errors are highlighted and rectified on priority. The group covers both Structured and Vanilla trading volumes across Equities, Fixed Income and Credit for Europe and Japan.

Scope of Role

- Directly responsible for managing the OTC Derivatives Confirmations team

- Efficiently manages assignments and prioritizes work load to ensure goals are met

- Collaborate across teams / functions / regions

Proven track record in the below skills is expected for this role.

People / Process

- Executes firms strategy by effectively translates the division's vision into practical plans, team objectives and individual performance goals

- Provides direction and motivation to the team to exceed functional goals

- Actively partakes in recruitment and development activities

- Coaches and mentors juniors and provides timely and appropriate feedback

- Effectively manage upwards

- Effectively delegates appropriate tasks in order to deliver functional goals

Change:

- Responds resourcefully to new demands and challenges

- Proactively deals with setbacks and assist the team to remain focused during time of change and ambiguity

- Approaches problems with curiosity and open-mindedness

- Generates and assists in implementation of alternative solutions and create value

- Is proactively tracking any industry changes, analyzes the impact to the firm, draws action plan for timely execution

Connect:

- Communicates in clear and confident manner to team and individuals

- Works effectively and willingly across business lines divisions and regions

- Communicates and appropriately shares information across teams and functions and encourages others to do so.

Business Focus:

- Demonstrates a clear understanding of needs of the business and consistently meets / exceeds expectations

- Actively manages relationships with all stake holders

- Understands and operates according to compliance guidelines relevant for his / her role

Risk Management:

- Demonstrates a high level of understanding of risk.

If you find it is suitable then please send me your updated CV with below detail or provide me a reference .

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Tejashree Waradkar
Team Leader
Dir No: +91 22 66848548|Mob No .8454843560