FX Confirmations & Settlements, Assistance Vice President
Mumbai, Maharashtra, India
Full Time
2 hours ago
Visa Sponsorship
Key skills
SQL
About this role
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