Vice President - Security Settlements - BFSI

Lead, manage and provide functional supervision to 20-22 member settlements team primarily Asia EMEA trade settlement and confirmation processing and exception management of time-critical payments i.e. CLS. 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 settlements 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 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 appropriate BCP and Operational Transference 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 point of the key settlement 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 settlements 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

What we- re looking for:

- Relevant years of experience in banking operations

- Relevant years of 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.

- Strong understanding of the changing regulatory environment and its impact on Operations.

- Excellent project management skills and a proven track record of implementing change

- Ability to liaise effectively with internal and external clients.

- Insight into external market developments and initiatives

- Highly numerate with analytical problem-solving ability.

- Results-driven.

- Self Starter / Ambitious

Skills that will help you in the role:

- Each bullet to be no longer than two lines

- Expertise, knowledge, and experience in securities settlements with management experience

Where will you be working? Chennai