Operations Lead

4 - 8 years

10 - 15 Lacs

Posted:1 month ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 
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Job Title
Operations Team Leader
Corporate TitleAssociate
LocationBangalore, India
Role Description
  • The Associate is a First Level Manager who will be required to manage the day to day activities of the Reconciliation process. Would serve as a People Manager with a very strong Subject Matter Expertise to resolve queries from team members and resolving parties alike. Aided by a Process Supervisor, the Team Manager helps address the process issues faced by the team.
  • Candidate would work very closely with the team members, AVP/VP, resolving parties and external custodians to keep the number and value of ageing Cash & Position breaks under control.

  • What well offer you
    ,
  • 100% reimbursement under childcare assistance benefit (gender neutral)
  • Sponsorship for Industry relevant certifications and education
  • Accident and Term life Insurance

  • Your key responsibilities
    Functional Responsibilities
  • Have deep knowledge of the Reconciliation process and the associated Investment and Accounting Book of Records.
  • An associated understanding of Swifts / internal feeds that enable the above.
  • Ability to relate the Reconciliation to upstream and downstream functions.
  • Appreciation of the impact of open Cash & Position breaks and ability to Investigate & Identify the Root Cause and henceforth assign the Cash & Positions break to the correct resolving party for further investigation & resolution.
  • Analytical mindset to reduce the number and value of open breaks so as to minimize risk exposure
  • Work effectively with internal functions such as Trade Processing , Reference Data, Corporate actions, Bookings, Tax etc. and with external Custodians for resolution of breaks.
  • Support with small to medium sized process & functional change initiatives to improve efficiency & reduce risk.

  • Other Responsibilities / Tasks
  • Help the team members perform primary investigation on the Cash and Position breaks and manage their queries and escalations from the Front Office and Resolving Parties
  • Be the first point of contact for process & functional issues faced by the team members and front office colleagues.
  • Ensure proper back-ups created and assist other teams during contingencies (Staff shortage, high volumes etc)
  • Driving Process Improvement through innovation
  • Manage performance of the team members with a focus on their skill development.
  • Perform regular performance reviews of staff as per Organizational guidelines.

  • Your skills and experience
  • Minimum work experience of 8 years with the last 4 years in a managerial role.
  • Prior experience in Reconciliation of Cash & Positions across Investment and Accounting Book of Records against Custodians
  • Preferably with an Asset Manager, Fund Accountant and / or a Custodian
  • Good understanding of Aladdin and market data platforms like Bloomberg is a plus.
  • Knowledge of Security and Trade Life Cycle of various financial products is a pre-requisite.
  • A quality mindset with a Six Sigma / Lean background would be a plus
  • Fluency in Microsoft Office skills specifically MS Excel & MS PowerPoint
  • Should demonstrate solution drive approach & innovative thinking.
  • Should be open to work in the required shift
  • Strong people manager with proven track record of working with & developing people.

  • Education / Certification
  • Graduates/Masters with good academic records.
  • Excellent communication & collaboration skills.

  • How well support you
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  • About us and our teams
    Please visit our company website for further information:https://www.db.com/company/company.htm

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