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Executive Director Investment Banking Operations
Eligibility: UG - Any Graduate - Any Specialization,PG - CA;MBA/PGDM - Finance
Location: Mumbai
Company Name: A Leading Investment Banking BPO in Mumbai
Job Title: Executive Director Investment Banking Operations
Number of candidate:
Location: Mumbai
It is a leading global financial services firm. It serves the interests of clients with complex financial needs, from the worlds most prominent corporate, institutional and government clients to charities and private individuals.
This role has significant management responsibility leading a large team size of 350+ employees and requires Operations leadership/expertise managing matrix reporting relationship. The incumbent should have strong relationship skills to manage relationship with Middle Offices and Front Offices. Processes included would be:
Forex Ops
Processing forex transactions for Interbank Customers and Retail Clients
Corporate Investigations, Retail Investigations & Inter-bank Investigations
Compensation & Ops Loss Monitoring
Ensure the accurate and timely capture, confirmation/ settlement & reconciliation of money market transactions
FX-Credit Data set up for clients and set up of Standard Settlement Instructions
Treasury Operations
Cash Management
Support Global Treasury in the process of predicting and funding the banks cash positions.-Asia/EMEA (USD)
Provide Treasury with consolidated currency positions and advise funding requirements.
Issue Compensation charges to relevant Line of Business viz. Value Date Memos and Recovery Charges
Collate Nostro Charges and allocate cost at month end to relevant LOB
Collation of Transfer Pricing cost/ benefit to the Nostro Pool
Money Market Operations (migrated Feb 2003)
Fixed Deposit Deals Evidence checking , Liasoning with Middle Office / Traders
Confirmation & Settlements of trades
End-to-end Investigations & Reconciliations
Global Reference Data Services
Supporting Client, Trading Counterparty & Instrument Reference Data functions across multiple lines of business in NA, EMEA and Asia
Products supported include - Bonds, Money Market, Mortgage Backed Securities, Derivatives, Equity & Foreign Exchange
Areas of oversight include
Manage the business from end to end to minimize disruptions, errors, and losses
Effectively manage operational risk and create a strong control environment by having a thorough understanding of the purpose & scope of IB control.
Consistently assist/ advise the business through proactive assessment of key risks, control reviews, and 'deep dives' to prevent major issues
Raise control awareness by providing training, influencing policy, and sharing best practices with the business
Take a disciplined, fact-based approach to all dealings in order to mitigate risks for the firm
Build a culture of meritocracy and transparency.
Advance the inclusive leadership agenda through: diversity, training, performance management, networking, redeployment, job mobility, mentoring, etc.
Engage, motivate and influence direct reports, teams, peers,
Articulate & communicate a coherent strategy and project vision consistent with business objectives
Continually communicate to broader team to ensure understanding and engagement in strategic vision of business/firm especially during change or challenging situations
Select and build a strong team; develop and coaches staff
Takes a leadership role in IBO and IBSOAM -wide activities
Managing new migrations
Build and leverages partnerships across businesses locally as well as with global business partners (Middle Offices)
Financial Performance
Manage impact of expenses and facilitate ways to reduce them to support business growth in a cost-effective manner
Successfully driving broad change agendas during challenging situations
Convert knowledge of industry, business into competitive advantage
Proactively identify areas of process improvement and focus on the productivity agenda /efficiencies
Desired Candidate Profile
Should possesses expert knowledge of the industry
Product/function knowledge
Knowledge of products and functions within current area of expertise and a capability to frame this knowledge in the context of related activities and identify implications and impact.
Knowledge of multiple products/functions and experience of different roles will be an advantage.
Experience in different markets and locations can serve to broaden expertise.
Managerial experience incumbent is expected to demonstrate
Managerial expertise and the capacity to direct the work of others either in terms of holding a line management position supervising a number of staff or in terms of project work where the candidates are responsible for the delivery of a project utilizing resources that are not direct reports.
The ability to engage, influence and direct individuals to successfully complete projects will be key
Should be creative and innovative; challenges status quo; generates strategic advice/product/client solutions
Have a track record of formulating innovative ideas and gaining buy-in from senior management in addition to a track record of execution/delivery/process improvement/leadership in a challenging environment
Education/Professional Qualifications:
Degree in Business Administration or Chartered Accountancy with 15+ years of relevant work experience
Language requirement
Fluent English (Verbal and Written)
Brief about the company:
It is a leading global financial services firm.It serves the interests of clients with complex financial needs, from the worlds most prominent corporate, institutional and government clients to charities and private individuals.
Salary (p.a) : Not specified
Company URL : N/A
Last Date : 2008-01-16
Address: Gauri 321/A/3,Vardhaman Building, Gr.Floor,Shankarsheth Road Corner M.Phule Peth Pune - Maharash
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