Vice President Trade Support- Global Delivery Centre

Product Control is part of COCE (Client Operating Centre of Excellence) performing multiple Middle Office functions. Product Control have 6 verticals P&L and Valuation Controls OTC Trade Validation Securities Trade Validation & Documentation OTC Documentation Trading & Portfolio Control and Position Management. Team works very closely with Trading Sales Business Managers and various FtB teams like Back Office Regional Finance and COO community.

The US Trade Validation is accountable for the delivery of the Trade Validation Activities within the OTC& Securities Trade Validation team which processes any OTC LD &Securities Transaction for which terms & conditions are negotiated with the mandate to ensure that it is correctly represented in the booking system consistent with the sale and allocated if necessary.

TRADE SUPPORT MAIN FUNCTIONS :

• Ensure the Operating framework for OTC TV & SEC TV is efficient; provide quality and timely processing for Securities Business.
• To work in partnership with our clients sales and trading to ensure that trades are allocated confirmed and processed in a timely manner.
• Provide support to our front office Equities trading desks and also act as a point of contact for internal front/back office enquiries.
• Ensure that all trade validation activities are known controlled and monitored to face regulators expectations.
• Ensure deliverables procedures are designed according to regulatory requirements and areas of risk escalated to Risk owners and management.
• Contribute towards the OTC TV & SEC TV budget following specific guidelines and manage teams effectively in terms of cost and resource.
• Manage new transitions and movement of functions from other locations into India
• Management of all spill queues within the platform.
• Responding to client queries & Front office queries
• Liaison with trading desk and related stakeholders to escalate any trade or booking issues.
• Liaison with Associated teams within the Service Control utility to help resolve trade related Fobo breaks.
• Ability to apply problem solving and investigative techniques to trade booking / flow issues.
• Help with project and CTB development where required
• Manage all queries related to instrument static data.
• Good Client Service and timely delivery on our confirmation commitments
• Manage and monitor business continuity for the OTC TV & SEC TVTeam
• Operations Process Framing around Quality & Timely delivery & Operational Risk Excellence
• Provide operational expertise to define solution that meets / exceeds the operations & regulatory needs Assess the feasibility & identify the setup along with the appropriate level of controls from an ITO perspective to support exceptional transaction or new activities
• Minimize operational failure including but not exclusively the risk of fraud by implementing sufficient regular controls by measuring operational risk & taking actions to maintain it at an acceptable level.
• Ensure appropriate escalation to management & /or Permanent Control (or compliance as appropriate) as soon as an issue remains unsolved beyond & above what can be reasonably handled within the considered remit.Capacity planning and management of deliverables and risk based prioritization

Change Management & Continuous Improvement

• Drive continuous improvement to review & streamline operations processes to converge towards better STP Rate to improve TurnAround Time & to minimize error rates
• while not interfering on OPC & Risk ORC mandate challenge existing controls plan with the aim of continuously minimizing residual risks
• Propose / Contribute to new systems/features deployment & coordinate with IT & regional
• management teams.

Transitions / Projects

• Actively contribute / lead in projects / initiatives driven by central and/or regional Global Market & ALMT Operations and/or Business
• Manage key transformation projects (Transition Dual Office etc.) bringing them to a successful conclusion (quality/cost/delay) by a close coordination of ITO departments & other functions involved to achieve the objectives initially set.
• Manage the move towards Smart ways of working with a combination of flexible work arrangements and hybrid work from home scenarios
• Active contribution or participation to relevant TAC/NAC impacting Company OTC TV & SEC TV Operations processes.
• Provide leadership and direction to OTC TV & SEC TV Team set conditions and manage its resources in order to optimize the services to our key (internal and external) client needs within determined strategy and budget.
• Develop OTC TV & SEC TV team towards production excellence
• Work with business stakeholders to develop a strong expertise & knowledge on end to end process /delivery.
• Create a credible succession for key roles within the remit
• Promote within India Product Control a mindset around accountability continuous improvement client focus change management & innovation

Candidate Profile

• • Strong understanding of OTC & Securities transactions and related trade validation processes.
  • Excellent problemsolving and analytical skills with the ability to manage complex trade booking/flow issues.
  • Proficiency in relevant trading and booking systems.
  • Strong communication and interpersonal skills with the ability to manage multiple stakeholders.
  • Knowledge of regulatory requirements and operational risk management.
  • Proven ability to drive continuous improvement initiatives.

Preferred Qualifications:

• Experience in a leadership role within a Trade Support or Middle Office team.
• Familiarity with change management and project management methodologies.
• Experience working in a global or regional financial institution.

Additional Information:

• Work Environment: This role may involve a combination of inoffice and hybrid working arrangements.

Trade support,Trade Validation,Trade Documentation