Connecting Talent with Opportunity

Job Detail

GMO-VP (12-15 Yrs)

Salary 40-45 Lpa

  • Chennai
  • 04 Feb 2020


JobRef BFSI04022020001

Job Description :-

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 key settlements 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 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. 
  • 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 organization  Operations as a differentiating factor from its peers

What we’re looking for:

  • Relevant years of experience in a 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 

Contact Person – Manju

Contact No. - 9717702129


Get in Touch

  • 101 & 101 A, 1st floor, D-Mall, Netaji Subhash Place, Pitampura, Delhi-34
  • 011- 41036660, 47075709