Job Title: ASL

Corporate Title: AVP

Location: Bangalore, India

Role Description

• Operations is responsible for driving the planning and the day-to-day management of the business to align with the bank's mission and strategic goals.
• Operations set the direction and manage performance to bank targets with a focus on continual performance improvement.

Work includes

• Identifying and prioritizing product and service improvement opportunities and creating plans for implementation
• Utilising comprehensive knowledge of the company's internal operations to develop forward-looking focus for business
• Supporting bank strategy, proactively identifying and managing areas of risk
• Maintaining relationships with relevant internal and external stakeholders including regulators, market vendors and internal divisions
• Communicating changes to operational requirements and their impact on relevant processes and controls

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• 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

Your key responsibilities

• Determine cost of operations by establishing standard costs; collecting operational data.
• Identify financial status by comparing and analyzing actual results with plans and forecasts.
• Guide cost analysis process by establishing and enforcing policies and procedures; providing trends and forecasts; explaining processes and techniques; recommending actions.
• Improve financial status by analyzing results; monitoring variances; identifying trends; recommending actions to management.
• Reconcile transactions/invoices by comparing and correcting data.
• Protect operations by keeping financial information confidential.
• Contribute to team effort by accomplishing related results as needed.
• Conduct reviews and evaluation for Cost Reduction Opportunities
• Produce accurate financial and Head Count forecasting reports within specified deadlines
• Manage budget including regular health-check reporting to GMO Management
• Gather, analyze and interpret external and internal data and write reports
• Work extensively (front to back) on Vendor Risk Management (VRM) workflows within stipulated deadlines
• Create Senior Management presentations as well as Management Summary reports/dashboards and deliver within stipulated time
• Close collaboration with UK & US teams
• MIS reporting and analysis of statistical data, inclusive search for new data source for evaluations and control of data.

Your skills and experience

• The successful individual will have diverse experience of the financial sector in any of the following areas; Operations, risk/controls, quality assurance, compliance or audit and have experience managing deliverables & maintaining effective relationships with global senior management.
• Substantial and relevant experience in a global banking environment.
• Stock Lending, Collateral management or similar functions is preferred
• Experience in trade capture, settlements, and reconciliations across different products preferred as candidate will be required to know the full trade life cycle process
• Strong communication and interpersonal skills.
• Strong analytical and problem-solving skills.

Essential

• Overall at least 10+ years of experience in the financial / banking sector including 4-5 years proven experience in Agency Lending/ Securities / Settlement functions.
• Profound knowledge and expertise on Agency Lending Operation & Business Management techniques
• Proven experience as business manager or relevant role
• Outstanding communication and interpersonal abilities
• Thorough understanding of diverse business processes and strategy development
• Ability to learn and understand new technologies
• Ability to resolve issues creatively and in a timely manner
• Excellent knowledge of MS Office (Word/Excel/Powerpoint), databases (e.g. MS Access, Excel Macro) and information systems
• Good understanding of research methods and data analysis techniques
• Experience in Global Banking industry
• Experience in people management preferable
• Ability to work in fast paced environment, keep pace with technical innovation and maintain a broad understanding of the business offering
• Open minded, able to share information, transfer knowledge and expertise to team members

Functional skills

• Strong knowledge of Agency Service lending process
• Assisting the team in decision making and taking complete ownership of the situation
• Supervision on daily BAU which includes daily exposure management for equity trades for both underlying clients and counterparts. Booking cash collateral in and out from counterparties. Monitoring of same day equity trades ensuring settlement, releasing instructions for same day trades into the market, amending trades as per desk requests, processing of crest loans.
• Supervision on the aged equity trades to ensure settlement, amending trades as per desk requests, performing reconciliations tasks, processing of crest returns.
• Monitoring International trades settlement for New York Entity, settling cash on new loans for collateral team to cover exposures.
• Monitor all collateral bookings made by Fixed Income and Equity collateral through to settlement. Bond settlements only
• Supervision on Agreement and settlement deals booked by the Fixed Income trading desk. Also manages the funding generated by these deals. Reconciles the reference linking between Broker system
• Daily exposure management for equity trades for both underlying clients and counterparts. Booking collateral in and out from counterparties. Re-allocating between ASL clients
• Collateral management vs all Triparty Non Cash deals. This includes monitoring the settlement of collateral where we have new deals booked on VD pending release.
• Collateral management vs all Bi-Lat deals (Cash and NC) on a T+1 basis. Agreeing re-prices with counterparty and ensuring all ASL clients are fully covered.
• Monitoring the team performing the Calculation eod funding and, making payments.
• Manage staff on a daily basis, distribute work, assign responsibilities, ensure appropriate staff motivation levels and continuous learning.
• Conduct regular operational performance reviews and participate in monthly self-assessments.
• Effectively manage risk and foster an environment where team is fully aware of Operational Risk management.
• Cross train available resources to ensure 100% backup within the areas under control
• Escalate all issues properly, in time, to the appropriate level, to avoid any adverse impact on the business.

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.

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.