Job Description
Job Description:
Job Title: ORDS Operations Lead
Corporate Title: Vice President
Location: Jaipur
About Operations Reference Data Services (ORDS)
ORDS is responsible for provision of operational support and management of Party (Client), Product, Organization (Book), Instrument and Trading Agreement Reference data to facilitate Know Your Client (KYC) and enable client business and trading relationships and associated downstream processes including Regulatory and Tax obligations and settlement as well as provision of reference data to Infrastructure functions, Risk, Finance, Treasury, Anti Financial Crime and Compliance, to support their critical processes.
Role Description
The Operations Reference Data Regulatory & Tax teams support global Client Onboarding process with adherence to respective regulations. The Regulatory & Tax teams work with the respective regional Client On-Boarding team ensuring the proper documentation and/or classifications are derived correctly, monitoring non-compliant Clients to meet the expected regulatory requirement, as well as supporting UAT Testing for technical changes and new implementations. The Tax team, upon receipt of Regulatory documents from the relevant team or Clients via the relevant system service provider, will process tax document such as Tax Forms and self-certifications for new Clients/ products as per FATCA and CRS. You will be tasked to support the team's strategic direction, as well as global change projects. Our team of experts will be there to coach and support your development to ensure you excel in this role. Enhance your career prospects through exposure to various regulations and global projects.
Responsibilities and Tasks
• Understanding of the end-to-end regulations' requirement for Regulatory & Tax across multiple Locations and Clients
• Provide SME guidance on interpretation and application of banks internal KYC policies and global regulations related to Regulatory & Tax
• Liaise with key internal stakeholders across the bank - Anti Financial Crime (AFC), Compliance, Business, Onshore counterparts, Operations and Technology
• Effectively manage risk and foster an environment where team is fully aware of Operational Risk management. Participate and represent the team on Audit, Risk and Control and Quality Assurance meetings
• Actively participate in Policies and Procedures forum related to Tax function
• Work as the process owner and ensure end to end management of all activities associated with the process
• Transition processes from onshore to build 'Centre of Excellence' across Regulatory & Tax process
• Monitor process service delivery and ensure accomplishment of targets in adherence to SLAs
• Monitor daily checklists and MIS required for management decision making
• Serve as a point of contact for internal and external escalations
• Support change management at the organizational level Organizing programs and activities in accordance with the mission and goals of the organization
• Deliver on agreed expectations in line with agreed scope, objectives, and outcomes
• Direct and matrix management of Regulatory & Tax team
• Producing accurate and timely reporting of process and data remediation tasks.
• Vendor governance management for Regulatory & Tax team
• Participate and lead franchise level activities when required
Experience/skills
• Minimum 14+ years' experience in Investment Banking / Financial services industry
• A proven track record track record in Operations Management, Change Management, Vendor Governance and displays ability to work in virtual global teams and a matrix organization.
• KYC skills with regulatory knowledge related to FATCA, CRS, Dodd Frank, EMIR, MIFID etc.
• Relevant experience in Change Management, Data Analysis and driving large transformation projects.
• A proven, considerable level of analytical, problem solving and resource planning skills
• Experience in Data Management, Data Analytics, Business Analysis and Financial Services
• Strong and well-developed relationship / stakeholder management skills
• Basic knowledge and awareness of (related) business solutions in the marketplace
• Open minded, able to share information, knowledge, and expertise with peers & team members.
• Demonstration of excellent communication and influencing skills
• Experience in managing Client relationships and Stakeholder management to drive change.
• Highly motivated to fix gaps and issues for seamless process delivery.
• Production of Executive level reporting to ensure progress is understood and key risks/issue updates are communicated effectively.
• Experience with Program Management tool and associated reporting standards
• Understanding of Agile ways of working and methods to enable effective partnership with Technology.
What we'll offer you
• 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
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
Job Title: ORDS Operations Lead
Corporate Title: Vice President
Location: Jaipur
About Operations Reference Data Services (ORDS)
ORDS is responsible for provision of operational support and management of Party (Client), Product, Organization (Book), Instrument and Trading Agreement Reference data to facilitate Know Your Client (KYC) and enable client business and trading relationships and associated downstream processes including Regulatory and Tax obligations and settlement as well as provision of reference data to Infrastructure functions, Risk, Finance, Treasury, Anti Financial Crime and Compliance, to support their critical processes.
Role Description
The Operations Reference Data Regulatory & Tax teams support global Client Onboarding process with adherence to respective regulations. The Regulatory & Tax teams work with the respective regional Client On-Boarding team ensuring the proper documentation and/or classifications are derived correctly, monitoring non-compliant Clients to meet the expected regulatory requirement, as well as supporting UAT Testing for technical changes and new implementations. The Tax team, upon receipt of Regulatory documents from the relevant team or Clients via the relevant system service provider, will process tax document such as Tax Forms and self-certifications for new Clients/ products as per FATCA and CRS. You will be tasked to support the team's strategic direction, as well as global change projects. Our team of experts will be there to coach and support your development to ensure you excel in this role. Enhance your career prospects through exposure to various regulations and global projects.
Responsibilities and Tasks
• Understanding of the end-to-end regulations' requirement for Regulatory & Tax across multiple Locations and Clients
• Provide SME guidance on interpretation and application of banks internal KYC policies and global regulations related to Regulatory & Tax
• Liaise with key internal stakeholders across the bank - Anti Financial Crime (AFC), Compliance, Business, Onshore counterparts, Operations and Technology
• Effectively manage risk and foster an environment where team is fully aware of Operational Risk management. Participate and represent the team on Audit, Risk and Control and Quality Assurance meetings
• Actively participate in Policies and Procedures forum related to Tax function
• Work as the process owner and ensure end to end management of all activities associated with the process
• Transition processes from onshore to build 'Centre of Excellence' across Regulatory & Tax process
• Monitor process service delivery and ensure accomplishment of targets in adherence to SLAs
• Monitor daily checklists and MIS required for management decision making
• Serve as a point of contact for internal and external escalations
• Support change management at the organizational level Organizing programs and activities in accordance with the mission and goals of the organization
• Deliver on agreed expectations in line with agreed scope, objectives, and outcomes
• Direct and matrix management of Regulatory & Tax team
• Producing accurate and timely reporting of process and data remediation tasks.
• Vendor governance management for Regulatory & Tax team
• Participate and lead franchise level activities when required
Experience/skills
• Minimum 14+ years' experience in Investment Banking / Financial services industry
• A proven track record track record in Operations Management, Change Management, Vendor Governance and displays ability to work in virtual global teams and a matrix organization.
• KYC skills with regulatory knowledge related to FATCA, CRS, Dodd Frank, EMIR, MIFID etc.
• Relevant experience in Change Management, Data Analysis and driving large transformation projects.
• A proven, considerable level of analytical, problem solving and resource planning skills
• Experience in Data Management, Data Analytics, Business Analysis and Financial Services
• Strong and well-developed relationship / stakeholder management skills
• Basic knowledge and awareness of (related) business solutions in the marketplace
• Open minded, able to share information, knowledge, and expertise with peers & team members.
• Demonstration of excellent communication and influencing skills
• Experience in managing Client relationships and Stakeholder management to drive change.
• Highly motivated to fix gaps and issues for seamless process delivery.
• Production of Executive level reporting to ensure progress is understood and key risks/issue updates are communicated effectively.
• Experience with Program Management tool and associated reporting standards
• Understanding of Agile ways of working and methods to enable effective partnership with Technology.
What we'll offer you
• 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
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 Operations Manager| VP position is now open for candidates interested in the Bank Jobs sector. This role in Jaipur 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.
