Overview
VP – Trade Settlements
Looking for Tenured VP from Investment Banks
Trade Settlements/Confirmations is Must
– Supervise a team of employees towards achieving all the above objectives – train / guide / coach team members.
– Effective communication: deliver transparent, concise, and consistent messaging while influencing and leading – drive change across teams.
– Partner with individual contributors and onshore partners regarding capacity planning, performance & development, skill sets, learning opportunities.
– MIS, reporting of operational and trading exposures to management.
– Accountable for understanding, interpreting, and communicating regulatory reporting requirements as well as for ensuring that all report submissions conform to regulator instructions.
– Responsible for establishing an adequate control environment to assess accuracy and completeness of reports.
– Establish priorities to ensure timely and accurate completion and escalate and resolve issues.
– Working across lines of business, participate in process risk assessments and the rollout of standard Risk Framework on controls and processes, and determine gaps and exposure.
– Design and publish appropriate metrics for operations control.
– Working closely with clients/margin management teams in setting up client valuation reporting.
– Address client demands and questions on portfolio valuations.
– Generate and publish daily control reports including MTM Swings, cash/security fails, zero MTM, Stale prices, open aged calls, etc.
– Setting up agreements for margin management
– Take responsibility for front-ending the relationships with the Line of Business Teams and Leaders, and further build / expand the capabilities.
Requirements
– Education : UG/PG
– Certifications if any : NA
– Experience Range : 15+ years
Foundational Skills:
– Minimum 5 or more years of previous management/supervisory experience
– Ability to work effectively and collaboratively with peers and multiple levels of management.
– Excellent communication skills (both verbal and written)
– Strong knowledge of investment banking, capital markets & Derivatives
– logical and analytical skills
– Excellent organizational skills are required with the ability to prioritize daily workload, work accurately and efficiently under pressure
– To be flexible in their attitude and approach, and be willing to work extra hours during the week with overflow of volume and to provide cover for holidays planned and unplanned.
– To be able to communicate effectively, and clearly escalate queries to clients and Onshore Team verbally and written.
– Maintain established productivity levels as per SLA
Desired Skills:
– Experience in Reporting, ISDA/CSA agreement setups, client valuation, OTC/Repo/F&O Derivative Collateral Management/Portfolio Reconciliations/Margin Management
– Knowledge of regulations such as Dodd Frank, EMIR, CFTC, etc would be and added advantage
– Market knowledge on Derivatives & Fixed income, recent trends and global changes
Work Timings : 01:30 PM IST – 12:30 AM IST (any 9 hours window)
Job Location : Gurugram