OTC Derivatives India Lead-AVP

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Job Overview

The Sec & Derivatives Sup is an intermediate management level position responsible for providing full leadership and direction to a team of employees in an effort to process orders and transactions originating from trading desks and branch offices in coordination with the Operations - Transaction Services team. The overall objective of this role is to facilitate the clearance, settlement, and investigation of securities and derivatives transactions.

This is a senior management level position responsible for accomplishing results through the management of a team or department in an effort to process orders and transactions originating from the Markets Front office trading desks in coordination with various internal and external stakeholders..

Key Responsibilities

• Managing OTC Derivatives Deal life cycle i.e Trade Processing, Verification, Settlement and Reporting
• Identify and resolve Deal settlement issues and make process improvement recommendations to leadership.
• Analyze moderately complex reports to satisfy management requirements, aid in control activities, and contribute to the launch of product services.
• Monitor and suggest solutions to errors to minimize risk to the bank, through an intermediate knowledge of procedural requirements.
• Escalate transaction processing issues to the appropriate department and collaborate on a solution.
• Design and analyze moderately complex reports, in coordination with standards set by direct leadership
• Assist with control activities to existing as well as the launch of new products and services. Also, to cater various audit like Regulatory, Statutory and Concurrent auditors
• Resolve escalated issues and provide appropriate closure to those problems
• Identify opportunities for process improvements, including service or technology enhancements and train staff on all changes
• Analyze data to identify control deficiencies and resolve discovered issues through implementing appropriate procedures
• Identify control deficiencies and implement appropriate procedures
• Engagement with regional / global functional chain towards alignment of strategic priorities and initiatives, sharing of best practices, collaboration with support teams - risk & control / technology / compliance etc.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

• Fundamental understanding of Treasury products, accounting, and regulatory policies.
• Experience in management with Banking and Financial Institutions preferred
• Proven ability to perform various concurrent activities/projects in a high-risk environment.
• Ability to work in a fast-paced environment.
• 7-8 years of relevant experience
• Required licensing/Registration: FEDAI Certification.

Education:

• Bachelor’s Degree/University degree or equivalent experience in Business, Accounting, or Finance, Chartered Accountant Preferred

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Job Family Group:

Operations - Transaction Services

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Job Family:

Securities and Derivatives Processing

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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