Manager, BPS Derivatives Operations

• Manage the delivery of the daily collateral management activities as per the Service Level Agreements (SLAs)

• Ensure daily collateral requirement with clearing houses and exchange met on time using the payments systems and ensure that these gets processed without any issues.
• Ensure the end client collateral figures are agreed on time and settled on time as per the respective currency cut offs.
• Recording the daily collateral moves in respective back office systems like GMI.
• Ensure daily reporting are submitted on timely basis to internal and external stakeholder on various aspects like outstanding margin calls/disputed margin calls/ rolled over call for client, daily exchange/broker movements.
• Lead and participate in projects with regards to systemic upgrades, regulatory change, client mandated change.
• Identify, resolve and escalate issues in a timely manner in order to meet the required service standards

• Change Management/process improvements

• Proactively identify areas for performance and control improvements
• Understand the changes/amendments required in existing process functions or static for Reconciliations due to new client onboarding, market or broker changes or brokers onboarded, test the changes and ensure their implementation without any issues.
• Articulate business cases to management/change/IT to execute and deliver on suggested improvements

• Client Service

• Build strong relationships with all client stakeholders, end clients, client representatives, finance teams.
• Co-ordinate with different teams like reconciliation, clearing and static for timely response and resolution of all queries.
• Ensure accuracy and clarity in all deliverables to client stakeholders.

• Risk Management

• Monitor controls and checks associated with tasks in SOPs. Document these change in timely manner.
• Constantly analyze all activities to close potential risks, gaps and implement preventative/detective controls
• Ensure timely escalations in the event of a risk incident or whenever management attention is needed on a potential issue
• People management

• Evey team members has been provided the right set of goals and objective in line with Firm overall objective to be achieved every quarter and at the year end.
• Ensure that the goals and objectives are recorded the performance management system at Start of year and revised throughout the year basis the requirements of the role.
• Ensure that the supervisors and team leads have right set of structure to record the performance level of everyone in the team basis the goals and objective been shared.
• Ensure that constant feedback is provided in terms of performance of each team member by regular 1 -2-1 session so that they are aware of their performance levels.
• Ensure that performance management process is completed as per agreed time lines without any delays. Any issues occurred are dealt with right sort of channels.
• Complete all admin related work for resources like leave management, Planview approvals etc. on time.
• Ensure that the relevant professional disciplined in maintained as per established standard of the firm like work from office days and other basic expectation from resources. Any deviation should be addressed on time through proper channels.
• Extended roles and responsibilities.

• As part of management group, ensure that the extended scope of deliverables are met as per the agreed timelines.
• Represent the firm as FIS management lead in all possible scenarios facing the client irrespective it’s in purview of functional limits.
• Wok constantly towards building better client services through better processes and contribute for such initiative for the firm.

• Minimum of 10+ years of work experience in in Futures/Options & OTC collateral management/ bilateral collateral management process.
• Good understanding of systems like GMI.
• Good knowledge of Clearing Houses like ASX, LCH, EUREX, ICE Clear, CME, HKEX, SGX etc.
• Good understanding of the trade life cycle, collateral management, upstream dependencies and how it impacts processes downstream around reconciliations so that complex queries can be addressed accurately and in a timely manner.
• Good understanding of exchange traded derivatives like rates, CDS, Futures and options concepts like initial margins, variation margins, options premium etc.
• High attention to detail and quality of outputs delivered
• Analytical and can solve problems quickly and innovatively
• Dynamic outlook, with the ability to adapt and change plans on the fly
• Delivery focused; results driven
• Excellent communication and time management

• MBA Degree or equivalent

• Skill in project management, organization, communications, analytical and people skills
• Skill in leading, supervising and managing effectively under pressure
• Ability to be comfortable interacting and maintain positive working relationship with other stakeholders
• Ability to analyze business needs and determine related information services support
• Ability to manage activities and problem areas
• Ability to delegate tasks to qualified subordinates as appropriate
• Ability to lead, direct and manage effectively
• Ability to operate independently
• Ability to exhibit solid decision-making and problem-solving skills
• Ability to communicate effectively verbally and in writing
• Ability to build strategic roadmap for the function and further expansion of scope of functions
• Ability to contribute towards budget saving automation ideas
• Ability to meet conflicting priorities by ensuring effective prioritization and meeting the business demands

• Experience dealing with large financial services clients.
• Experience of Front to Back Trade & Cash Settlement flows
• Experience in Cash & Nostro Reconciliations for ETD & OTC Derivatives

• Extensive Health Benefits Program along with the Family Protection Plan
• Best-in-class career mobility options across the globe
• Award-winning learning offerings for career development
• Adaptable home - office work model
• Opportunity to work with global teams and clients

• Collateral and cash management.
• FX and settlements
• Bilateral collateral management
• Portfolio reconciliation
• Exchange Trades derivatives
• People management
• Project management
• Risk management
• Innovative and Agile way working.

FIS