FX Confirmations & Settlements, Assistance Vice President

Role Overview

• Manage the end-to-end FX confirmation and Settlement process in line with market deadlines and internal SLAs
• Liaise with front office, compliance, finance, claims, and IT teams to support the full trade lifecycle
• Lead and drive the transformation initiative to deliver a global standardized operating model supported by new technology infrastructure
• Responsible for Markets participation in programs such as ISO 20022, TD+1, and other bank wide initiatives
• Responsible for the timely and accurate delivery of all cash (payments) and securities (collateral and investment) ensuring minimal operating losses for FX businesses
• Focus on the control environment to drive a strong risk & control culture across the global teams to ensure processes are robust & compliant
• Partner with Technology and the transformation lead for Markets Operations to deliver a best-in-class E2E workflow solution, removing manual touchpoints and increasing STP
• Support applicable Change the Bank and Run the Bank Projects impacting the team, from inception; providing SME support, testing and monitoring into Production
• Accountable for a strong governance to monitor and track BAU metrics, using data to identify issues to resolve and opportunities for improvement
• Ensure vendor oversight and hold them accountable to high standards of delivery
• Stay abreast of all regulatory and market changes and ensure adherence and no impact to service standards as a result of these changes
• Partner with ERM and compliance colleagues globally to ensure Markets Operations remains disciplined with respect to adherence to resiliency strategy, control assurance etc
• Support audits and ensure adherence to operational risk and compliance policies

Requirements

• 15+ years of experience in Financial Services industry
• Graduate and above preferably in Finance B.COM, BBM/BBA, MBA (Finance), M.COM or any degree related to Finance or Commerce
• Good knowledge in Back-office confirmations and settlement
• Knowledge of Global Markets, custody, cash management and payment systems
• Certification on NCFM / CISI (Chartered Institute for Securities & Investment)
• Knowledge on Macros, SQL & MS Access Database queries

Tech Stack

• SQL

Benefits

• Generous medical care
• Insurance and savings plans
• Flexible Work Programs
• Development programs
• Educational support