Vice President Operations (Derivatives) with a MNC Securities Services

Riverforest Connections Private Limited

Job Location:

Mumbai - India

Monthly Salary: Not Disclosed

Posted on: 12 hours ago

Vacancies: 1 Vacancy

Job Summary

Position Purpose

The position will handle Derivatives execution & clearing Activities. It includes real-time risk management & collateral management besides various regulatory & client reporting

Responsibilities:

Knowledge of all risks & compliance aspects as a clearing member(TM-CM).
Placing & release of collaterals at the exchange.
Understand of the FNO (NSE & BSE) clearing & settlement mechanism.
Monitor real time positions limits & margins.
Ensure timely give-up of trades.
Coordinate with the exchange & brokers.
Understand clients requirements with respect to reports.
Maintain good rapport with clients
Knowledge of exchange settlement process.
Ensure seamless completion of day to day activities
Proactively suggest to systems vendors any new requirement & enhancement needed
Responsible for new clearing accounts on-boarding & set-up.
Ensure all daily reconciliations are performed and exceptions worked upon.
Generate various MIS to management and/or internal clients
Ensure operational risk is minimized including but not limited to internal guidelines & local regulations
Prepare & update the Procedure Manual on a regular basis.
Participate actively to any project as well as detailed testing requirements feedback etc.
Participate to BCP drills.
Interact actively with all internal counter parts when required including overseas teams.
Participate actively to various internal & external Audits.
Ensure cross training between both TM & CM activities.
Process Automation (new): Identify opportunities for automation (RPA workflow tools) to increase efficiency and reduce manual errors.
Cross Functional Interaction: Engage with internal counterparts including overseas teams to resolve issues and share best practices.
End to End System Flow for a Derivatives&Clearing Operations Team

Technical & Behavioral Competencies

Sound knowledge of Capital Market Operations (especially Institutional clients).

Experience: 10 yrs

Education:Bachelor Degree or equivalent

Required Skills:

Middle OfficeExchange Traded DerivativesClearingNSEBESCapital Market OperationsRisk ManagementIndian Capital Market

Position Purpose The position will handle Derivatives execution & clearing Activities. It includes real-time risk management & collateral management besides various regulatory & client reporting Responsibilities: Knowledge of all risks & compliance aspects as a clearing member(TM-CM). Placing & re...

Position Purpose

The position will handle Derivatives execution & clearing Activities. It includes real-time risk management & collateral management besides various regulatory & client reporting

Responsibilities:

Knowledge of all risks & compliance aspects as a clearing member(TM-CM).
Placing & release of collaterals at the exchange.
Understand of the FNO (NSE & BSE) clearing & settlement mechanism.
Monitor real time positions limits & margins.
Ensure timely give-up of trades.
Coordinate with the exchange & brokers.
Understand clients requirements with respect to reports.
Maintain good rapport with clients
Knowledge of exchange settlement process.
Ensure seamless completion of day to day activities
Proactively suggest to systems vendors any new requirement & enhancement needed
Responsible for new clearing accounts on-boarding & set-up.
Ensure all daily reconciliations are performed and exceptions worked upon.
Generate various MIS to management and/or internal clients
Ensure operational risk is minimized including but not limited to internal guidelines & local regulations
Prepare & update the Procedure Manual on a regular basis.
Participate actively to any project as well as detailed testing requirements feedback etc.
Participate to BCP drills.
Interact actively with all internal counter parts when required including overseas teams.
Participate actively to various internal & external Audits.
Ensure cross training between both TM & CM activities.
Process Automation (new): Identify opportunities for automation (RPA workflow tools) to increase efficiency and reduce manual errors.
Cross Functional Interaction: Engage with internal counterparts including overseas teams to resolve issues and share best practices.
End to End System Flow for a Derivatives&Clearing Operations Team