Job Description
Job Description:
Job Title – Operations Lead
Location – Mumbai, India
Job Description
• The Clearing and Settlement Analyst is accountable for managing the end-to-end clearing and settlement process; ensuring smooth and timely market settlement of securities and cash transfers between the bank and its counterparty. This includes clearing and settlement through primary and secondary markets, or direct payment to clients and banks.
The Clearing and Settlement Analyst supports interfaces with different internal and external stakeholders (front office, clients, brokers, nostro agents, exchanges and clearing houses) involved in the clearing and settlement process chain, according to the market standards. The role is responsible for trade date to settlement date processes (pre-matching and confirmation, trade processing, cash transfer, instruction routing, depot and inventory management, funding and settlement monitoring) and post-settlement date processes (fails management).
Additional Job Description
This specialized role entails day to day trade processing/settlements/FX/Cash processing of DB Securities & Custody Operations team which supports local and offshore clients of the GTB –Custody Services.
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 child care assistance benefit (gender neutral)
• Flexible working arrangements
• 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
This specialized role entails day to day trade processing and settlements of DB Securities & Custody Operations team which supports local and offshore clients of the GTB – Investor Services. This function requires adherence to local regulatory policies and changing regulatory frame work.
You will report to VP Head Securities & Custody Operations, in terms of guidance and authority and is guided by him/her in terms of strategic issues, compliance, etc. However you should be able to independently interact with Internal/External parties and is expected to be aware of the changes in the regulation.
With an experience in Indian capital market, coordination with brokers, depository and exchanges and handling BAU to process FX transactions of GC clients, your key responsibilities will be to:
• To co-ordinate various activities of the team related to trade processing and regulatory reporting, confirmation of trades, settlements, payin & payout of securities, processing Remittance of Custody clients and cash processing
• Ensure quality and quantity of processing is maintained as per the client SLA
• Monitor volume inflow and ensure sufficient resource and workflow allocation in a justifiable manner
• Serve as technical operational expert for queries from clients/team members etc.
• Building a strong mechanism to take care of volume peaks during peak season
• Ensuring closure of tasks within prescribed SLAs
• Ensure strict adherence to all internal and external process guidelines including compliance and legal so as to build and maintain robust control environment.
• Identifying operational risks proactively and mitigating appropriately.
• Ensure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc).
• Work very closely with the process owners/stakeholders and other internal clients for overall growth of the bank's business.
• People Management - Support the development of an environment where people management and development is the number one priority. Coach direct reports and others in the organisation, as appropriate
• Actively support the business strategy, plans and values, contributing to the achievement of a high performance culture
• Take ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution
• Act as a role model for new employees, providing help and support to facilitate early integration and assimilation of their new environment
• Support tough people decisions to ensure people performance is aligned with organisation imperatives and needs. Address individual performance issues, where necessary, to drive for high performance
Your skills and experience
• Exposure to the Indian capital markets, settlements or having custody background would be preferred
• Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills
• Proficient in written and verbal communication
Your Qualification
• Graduate (BA/ BS / B.Com, etc.) with 4 to 5 years experience in the relevant field
How we'll support you
• Training and development to help you excel in your career
• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
Job Title – Operations Lead
Location – Mumbai, India
Job Description
• The Clearing and Settlement Analyst is accountable for managing the end-to-end clearing and settlement process; ensuring smooth and timely market settlement of securities and cash transfers between the bank and its counterparty. This includes clearing and settlement through primary and secondary markets, or direct payment to clients and banks.
The Clearing and Settlement Analyst supports interfaces with different internal and external stakeholders (front office, clients, brokers, nostro agents, exchanges and clearing houses) involved in the clearing and settlement process chain, according to the market standards. The role is responsible for trade date to settlement date processes (pre-matching and confirmation, trade processing, cash transfer, instruction routing, depot and inventory management, funding and settlement monitoring) and post-settlement date processes (fails management).
Additional Job Description
This specialized role entails day to day trade processing/settlements/FX/Cash processing of DB Securities & Custody Operations team which supports local and offshore clients of the GTB –Custody Services.
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 child care assistance benefit (gender neutral)
• Flexible working arrangements
• 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
This specialized role entails day to day trade processing and settlements of DB Securities & Custody Operations team which supports local and offshore clients of the GTB – Investor Services. This function requires adherence to local regulatory policies and changing regulatory frame work.
You will report to VP Head Securities & Custody Operations, in terms of guidance and authority and is guided by him/her in terms of strategic issues, compliance, etc. However you should be able to independently interact with Internal/External parties and is expected to be aware of the changes in the regulation.
With an experience in Indian capital market, coordination with brokers, depository and exchanges and handling BAU to process FX transactions of GC clients, your key responsibilities will be to:
• To co-ordinate various activities of the team related to trade processing and regulatory reporting, confirmation of trades, settlements, payin & payout of securities, processing Remittance of Custody clients and cash processing
• Ensure quality and quantity of processing is maintained as per the client SLA
• Monitor volume inflow and ensure sufficient resource and workflow allocation in a justifiable manner
• Serve as technical operational expert for queries from clients/team members etc.
• Building a strong mechanism to take care of volume peaks during peak season
• Ensuring closure of tasks within prescribed SLAs
• Ensure strict adherence to all internal and external process guidelines including compliance and legal so as to build and maintain robust control environment.
• Identifying operational risks proactively and mitigating appropriately.
• Ensure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc).
• Work very closely with the process owners/stakeholders and other internal clients for overall growth of the bank's business.
• People Management - Support the development of an environment where people management and development is the number one priority. Coach direct reports and others in the organisation, as appropriate
• Actively support the business strategy, plans and values, contributing to the achievement of a high performance culture
• Take ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution
• Act as a role model for new employees, providing help and support to facilitate early integration and assimilation of their new environment
• Support tough people decisions to ensure people performance is aligned with organisation imperatives and needs. Address individual performance issues, where necessary, to drive for high performance
Your skills and experience
• Exposure to the Indian capital markets, settlements or having custody background would be preferred
• Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills
• Proficient in written and verbal communication
Your Qualification
• Graduate (BA/ BS / B.Com, etc.) with 4 to 5 years experience in the relevant field
How we'll support you
• Training and development to help you excel in your career
• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
💡 Quick Summary
Seeking a career-building opportunity? The Operations Lead position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai 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.
