Job
Description
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Job Title
Operations Reconciliation Lead
Corporate TitleAssistant Vice President
LocationBangalore, India
Role Description
FIC Middle Office provides Trade Services coverage to various Business globally and the team covers a vast range of products and platforms which includes Foreign Exchange, Rates, Credit Derivatives, Commodities, Bonds and Equity Derivatives.Operational services cover both the ("Run the Bank") as well as transformation ("Change the Bank") for these functions. You will also have regional franchise responsibilities outside the core derivatives area, in either building a capability/competency, employee engagement, industry forums etc. There is also potential to expand to a global role for this function, based on performance.You will be responsible to lead the India Operation for Reconciliation functions supporting Foreign Exchange, Rates, Credit Derivatives, Commodities, Bonds and Equity Derivatives for EMEA, US & Asia regions. You will be based in Bangalore location, will report to the India Head of FIC MO Operations and will be a member of the regional Operations management team. You will be required to liaise with Traders, Structuring Team, Sales, Business Management, Legal, as well as other Deutsche Bank Middle Offices and Back Offices daily.
What well offer you
100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationAccident and Term life Insurance
Your key responsibilities
Provide operational (Run the Bank) services to the wider FIC business that includes include and not restricted to Inter-System Reconciliation, External/ CCP Reconciliation and various T0/ T1 control reports.Provide support to the Front Office, Operations, and other teams with daily issues, which may include troubleshooting problems arising on an ad-hoc basis or reacting to market driven demands.Partner with multiple stakeholders across Business, Finance, other areas in Operations and technology teams to drive the strategic transformation programs ensuring all the breaks resolution, clean ups, and other key deliveries.Managing key metrics in line with agreed targets and risk tolerances, Partner with regional and other delivery hubs to execute the business strategy and escalate issues on time.Collaborate with Technology partners, Platform Vendors to identify and deliver reconciliation and or platform enhancement opportunities to derive operational efficiencies & strengthening our control framework.Manage the risk and control governance for KRIs, ensure periodic recertification is carried out of BRDs, KODs, Reconciliation Inventory, etc.Provide People leadership, including the development of key talent and the overall needs of the staff.Set clear direction for the team in line with overall business strategy and evolving regulatory expectations.Proactively manage performance and people issues to ensure alignment with the Bank's goals, values, and code of conduct.Act as an escalation channel for the Group's benefit by ensuring matters are referred to the appropriate function within the Bank (i.e. HR, Compliance, AFC, Legal).
Your skills and experience
Broad and deep knowledge of Derivatives product, market, and regulatory practices. Prior Middle Office Operations experience is required.Deep knowledge of Middle office roles and responsibilities, controls and process are required.Proven track record of delivering operational excellence and in driving collaboration across multi-product and functional teams, in context of varied local regulations, market practices, technologies and processes.Experienced senior professional with global investment bank exposure, with proven success in managing matrixed and virtual management structures, managing across varied functions within a regional management team structure.Experienced leader with proven ability in managing stakeholder relationships across Front Office, Mid and Back Office teams.Leadership skills which enable the candidate to successfully influence simultaneously across multiple stakeholders, peers, direct and indirect reports.History of leading complex multi-year strategies impacting product, function, process and technology, balancing revenue goals with client service and regulatory adherence.Proven track record in successfully leading complex and critical transitions.
How well support you
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