VP - Derivatives Confirmation

Ikya Human Capital Solutions Pvt Ltd
  • Chennai
  • Confidential
  • 10-18 years
  • Views
  • 15 Sep 2016

  • Senior Management-Operation

  • Financial Services/ Capital Markets
Job Description

The Derivatives PTS Confirmations VP role is responsible for managing all Derivative Confirmation functions across the various teams. The primary focus of the team will be to ensure the firm is fully compliant with the Confirmation Timeliness rules for EMIR and CFTC.

VPs Main Duties
Leadership role in the migration of Derivative Confirmation functions from donor locations to the site in Mumbai/Chennai. Including:

- Oversight of recruitment, training and ongoing development of staff. Team size is expected to be 60 FTE by the end of Q4 2015 and additional functions from other Operational areas may also be incorporated into the proposed structure.
- Development and implementation of department wide policies and procedures, and responsibility for directing day-to-day operations
- Management oversight of all KRIs and KPIs
- Ensure all applicable governance, compliance, risk policies and procedures are adhered to and a mechanism exists to promote escalation by staff where appropriate.

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.

Teams Main Duties
Trade affirmation
Electronic trade confirmation
Paper trade confirmation generation and execution
Investigate and resolve all differences in a timely manner with clients.
Liaise with the Desk, Sales team, Trade Support, Settlements and other departments to resolve client queries.
Manage and effectively resolve all incoming queries from clients within a pre-agreed time-frame.

Skills:

10-15 years experience in a banking operations with 4+ years in confirmation.


Competencies/Skill sets for this job

Derivatives Management Trade Trade Confirmation Leadership Migration Kpis

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