Executive Director - Security Services Operations - Fund Services

Executive Director - Security Services Operations - Fund Services

Job Summary As an Executive Director in Fund Accounting Trades operations, you will be managing day to dayoperations delivery including but not limited to trade validation activities ensuring the trades arecaptured accurately in Accounting Book of Records [ABOR] across suite of asset classes such as Equities,Bonds, TBAs, MBS, Repos etc. including complex assets like Exchange Traded Derivatives (ETDs) andForward FX (FFX) specifically focusing on investment instructions executed by the Fund Manager. You will be leading Change agenda across Ops and Tech driven programs for trade Validation functioninvolving automation of manual flows and activities to build scalable operating model in closepartnership with Product Development, Technology and Change teams. You will be responsible to maintain and continually enhance the control framework for day-to-dayoperations delivery, mitigating inherent risk with an objective of zero operational error in businessdelivery. You shall be collaborating with external parties like Fund Managers, Investment Advisors, InvestmentManagers and Clearing brokers for timely identification/ closure of discrepancies in ABOR and accuraterepresentation of multiple trade life cycle events including complex events like options exercise,assignment, and expiry. You will be based out of the Bengaluru office as part of Fund Services Operations, India CorporateCentre and working in the WHEM shift (Night shift) You will work closely with wider Trade Operations team, global partners, and cross functionalstakeholders across geographies

Job Responsibilities Responsible for managing end-to-end NAV critical Trade Lifecycle events impacting ABOR acrossnumerous asset classes such as Equities, Bonds, TBAs, MBS, Repos etc. including complex assets likeExchange Traded Derivatives and Forward FX as per pre agreed Service Level Agreements with theClient. Responsible for building optimum controls environment over daily operations delivery for all tradevalidations activities including but not limited to “Total Equity and Position Recon”, EMS, Alliance checks,completeness check along with production of Key Process Indicators [KPI] and Key Risk Indicators [KRI]to understand the health of the process. Design/Lead/Participate for implementing globally consistent Target Operating Model to facilitateoptimum straight through processing [STP] and accuracy by leveraging well defined system architecture. Lead / participate / collaborate in discussions with Product owners, Technology, Product Developmentand Change team to continuously upscale operating model to build scale and enhancing clientexperience. Close partnership with Ops Readiness and onboarding team to ensure seamless onboarding of newclients and/or fund launches including fund life cycle events to enhance client’s confidence. Escalateevery issue proactively for timely resolution to avoid adverse impact on overall timelines. Collaborate with external parties and internal stakeholders namely Clearing broker, Fund/InvestmentManagers, Custodians, Product, Client Service, Operations Service Delivery, Technology, ProductDevelopment, Operations Controls Management, Auditors, Reconciliations, Asset Servicing,Onboarding, to ensure seamless onboarding of new client mandates and fund launches and timelyresolution of business issues. Periodic review of Standard Operating Procedures, intraday and end of day control checklists to ensurethey are in line with introduction of new policies and ongoing risk management activities. Understand the changing group/regulatory requirements and conduct assessment on operations to ensurecompliance with the standards. Ensure department has viable business continuity and concentration plans in place, which are tested inaccordance with bank policy and that all staff are familiar with the plans. Act as a focal point for handlingresiliency situations. Maximize team capacity through effective resource planning and ensure team structure is robustthrough effective training and succession planning. Establish effective communications in and out of the Fund Accounting teams ensuring staff are awareof strategic, tactical, and regulatory changes in the organization. Recognize potential for greater process and reporting efficiencies and make recommendations forimprovements.

Required qualifications, capabilities, and skills. 15+ years of experience in managing global capital market operations for Trades with strong knowledgeof financial markets and products including equity, fixed income, money market instruments, TBA, MBS,Repos, Derivative products- Futures and Options, Foreign Exchange (Forwards and Spots) etc. Energetic and enthusiastic person with Change mindset – Ability to question the status quo and leadthe transformation agenda by automating the manual flows to build scalable operating model. 15+ years of strong people leadership experience with ability to lead and motivate team membersand inspire direct reports irrespective of cities/geographies. 12+ years of leadership experience in global environment with multiple stakeholders by adoptingcollaborative approach to drive business results. Ability to work in a fast-paced deadline driven environment with an emphasis on risk mitigation andefficiency. Strong written and verbal communication skills in a professional setting. Display high levels of integrity; operate based on open and honest interaction. Bachelor’s degree in finance or related field such as CA/ICWA. Management degree in Finance wouldbe preferred

Preferred qualifications, capabilities, and skills Operational subject matter expertise e.g., Fund Accounting, Trade Life cycle, Internal and StreetReconciliations, ETD products such as Futures and Options, Position and Total Equity Recon, etc. Strong ability to learn ongoing stream of new markets, products, and processes. Demonstrate ownership and accountability for operational and project deliverables with a proventrack record. Ability to effectively prioritize work allocation and work towards critical deadlines. End to end understanding of NAV building process and roles and responsibilities of key participantsengaged in managing ABOR.