Job: Vice President- OTC Derivative(Only FEMALE) - PUNE, 10-12Yrs, 40-50LPA. Job Code: 3CBBERC4LAY4/OTCDerivativeVP101250L/4422120

Dear Consultant,

 

We have received excellent requirements from one of our old -long-serving clients who have given excellent bulk projects/ business for last 7 yrs.

 

Hiring  Vice President- OTC Derivative(Only FEMALE) - PUNE, 10-12Yrs, 40-50LPA. (3 Post), (APAC Shift)

 

Job Code: 3CBBERC4LAY4/OTCDerivativeVP101250L/4422120

 

3 Openings

Industry: Banking/Financial Services/Insurance

Location: PUNE, Maharashtra, India

 

 

About Co

One of the best Pvt Bank. Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. Our values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.

 

Sourcing guidelines (for sourcing partner reference only)

Diversity: This role is for female candidates only 

Target designations: She should currently be at VP designation or 3 years + tenured AVP.
Target companies: Investment banks.
Hierarchy: She will report to Senior VP.
Experience: Mandatory 10-12+ years of relevant experience

Relevant experience:

·         FX(Forex)

·         Investment Banking Operations

·         end-to-end processes in the Confirmations and/or securities and cash Settlements

·         settlement of trades for products such as OTC 

·         Equity. Bonds, Repo, Exchange Trade Funds, Stock loans, 

·         Trade processing and settlement 

·         Understanding of Continuous Linked Statements, Exchange & related Market Regulations

Job stability: 

There shouldn't be more than 3-4 job hops in span of 10 years. If there are, please specify why.
Location: Pune
Regions: Pune and Chennai. 
Travel: She must travel to Chennai as well according to the projects as she will oversee both locations
Shift: APAC (5AM – 1PM). Yes or No?
Technicalities: Should have strong product knowledge with up-to-date technical knowledge, applications and techniques.

STRICT NO to manager or senior manager level candidates.

Current CTC MUST be greater that 35LPA..don't share candidate if CTC<30LPA

 

Job Description

 

What we're looking for:

 

•                     Relevant years of experience in a banking operations

•                     Relevant 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.

 

 

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 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