Vice President - Head of Exchange Traded Derivatives Clearing

The Securities & Derivatives Sr Manager is a senior management level position responsible for accomplishing results through the management of a team or department. The overall objective of this role is to ensure the seamless delivery of securities and derivatives transactions.

Responsibilities / Requirements:

• The role would be at a senior level to support CGM India’s Exchange Traded Derivatives (ETD) clearing and execution business across equity derivatives and currency derivatives
• Clearing, Settlement and Risk Management activities of client’s exchange traded derivatives transactions
• Dealing with latest regulations by exchanges and other regulatory bodies like SEBI, RBI etc.
• Leadership agility, strong decision making skills and ability to manage and lead a team
• Actively drive various developments and automation initiatives
• Margin monitoring, Position limit monitoring and Trade confirmations, Cash and non-cash collateral management
• Support the traders / execution desk with queries relating to client account setup, commissions, MISs and addressing ad-hoc queries
• Treasury management / funding arrangements. Maintaining relationship with Banks to support this function.
• Senior management MIS reporting, P&L reporting
• Sanctions screening related activities
• Stakeholder management
• Develop and implement business initiatives, client solutions, or projects affiliated with securities and derivatives settlement
• Solve complex inquiries, conduct discovery and complete due diligence activities for client requests
• Provide detailed analysis of escalated issues when necessary and recommend actions for resolution
• Contribute to processing standards and expectations for securities and derivatives processing teams
• Develop and implement business plans, policies, and procedures that offer solutions and cost saving opportunities
• Manage daily performance related to securities and derivatives post-settlement activities of operations processes
• Propose solutions to implement settlement process improvements, client service enhancements, or overall technology enhancements
• Coordinate with internal and external clients to assess service quality and identify areas for improvement
• Act as an advisor to new/junior staff
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

• 8-10 years of relevant experience
• NISM Certification
• People management experience
• Consistently demonstrates clear and concise written and verbal communication skills

Education:

• Bachelor’s Degree/University degree or equivalent experience
• Master’s degree preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.


 

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Job Family Group:

Operations - Transaction Services

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Job Family:

Securities and Derivatives Processing

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

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