Job Description
Job Title- FMI-Operations Recovery and Resolution Planning Specialist
Corporate Title : Assistant Vice President / Associate
Location- Bangalore
Role Description
In order to meet DB’s global Recovery and Resolution Planning (RRP) obligations, FMI-Operations under Regulatory Cross-Product Operations, has set up a BAU process to ensure the DB Group makes applicable assessments and documents appropriate contingency strategies that can be used in a stress or recovery scenario.
What we’ll offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your key responsibilities
FMI Risk Management & Operational Continuity
• Author and refresh Recovery and Resolution Planning (a.k.a., Living Wills) contingency strategies for Financial Markets Infrastructures (FMIs) and Agent Banks
• Analyze and interpret global regulatory guidance and enhance existing contingency strategies to meet the requirements
• Engage with Business, Operations, Treasury, Legal, and Risk Management functions to gather input on applicable contingency strategies
• Perform quality and consistency reviews of contingency strategies
• Maintain FMI (Financial Market Infrastructure) PCS static database
• Perform mock drills as required by local regulators
Your skills and experience
• Strong written, analytical and communications skills, including ability to conduct and drive workshops across multiple stakeholder groups
• Excellent organizational, time management, and project management skills
• Excellent research skills including experience with online search tools
• Advanced proficiency in Microsoft Word, Excel, and Power Point
• Strong attention to detail
• Able to multitask and complete projects on time
• Deep understanding of the operations and functions of clearinghouses, central securities depositories, and payment systems
• Ability to understand and comprehend complex financial instruments across asset classes equities, fixed income, cash equivalent, derivatives, etc.
• Ability to understand, interpret and draw conclusions from research conducted on regulatory guidance and regulations
• Understanding of Living Wills / Recovery and Resolution Planning and other applicable regulations
Qualification
Degree or relevant industry experience. Legal, Regulatory or Compliance background preferred Previous operational (settlement and clearing) industry experience
How we’ll support you
• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
💡 Quick Summary
Seeking a career-building opportunity? The Financial Markets Infrastructure Ops| AVP position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
