20 Mar

Operations Manager - Bangalore - Deutsche Bank

Position
Operations Manager
Company
Deutsche Bank
Location
Bangalore KA
Opening
20 Mar, 2017 6 days ago

Deutsche Bank as the company that open the jobs vacancy, have some qualification and spesification especially for the Operations Manager jobs vacancy. To find out more information and about qualification and spesification details, walkin interview schedule, the address of the company, the company contact info (email/phone number) of Deutsche Bank company, please start to apply for the job vacancy with fill the jobs application with click the 'Apply This Job' button below.

Job ID: 3145526

Full/Part-Time: Full-time

Regular/Temporary: Temporary

Listed: 2017-03-20

Location: Bangalore, India

Deutsche Bank Operations International (DBOI) Global Services, a subsidiary of Deutsche Bank, is the bank's global processing arm. Established with the purpose of building a world-class operating infrastructure for Deutsche Bank's global businesses, DBOI Global Services is an integrated network of six processing centers of excellence in the UK, USA, India and Philippines, delivering 24/7 support for the bank and its clients.

Position Overview

Deutsche Bank is committed to being the best financial services provider in the world, balancing passion with precision to deliver superior solutions for our clients. This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape. As you’ll discover, our culture supports this. Diverse, international and shaped by a variety of different perspectives, we’re driven by a shared sense of purpose. At every level agile thinking is nurtured. At every level agile minds are rewarded with competitive pay, support and opportunities to excel.

Job Title: Vice President CMV Operations

Department: Chief Operating Office (COO); Global Markets Operations; Clearing, Collateral and Relationship Management (CCRM); Collateral Management and Valuations (CMV)

Location: Bangalore

Products: Global Markets Derivatives Cross Product (FX, Equities, Rates, Credit)

Overview:
Collateral Management is a First Line of Defence function responsible for minimizing Deutsche Bank’s counterparty credit risk on its collateralized derivatives portfolio. The global function aggregates the Bank’s exposure across this trade population and administers the margin terms dictated in bilateral ISDA and CSA (Credit Support Annex) Agreements. Permissible collateral (cash or securities) is then exchanged with our clients or central clearing counterparties to complete the process. Specific functions in the collateral management value chain performed by the India team are New Business agreement set up and maintenance, Margin Management, Asset Management bookings of acceptable collateral, Margin Disputes, regulatory Portfolio Reconciliation and Data Control flowing into the margining systems. The European business and the Americas business (supported thru extended UK shift timings) are predominantly supported by the India team.

The Valuation Client Services team (VCS) within CMV is responsible for the quality and timely distribution of its cross product valuation client statements. It oversees the entire valuations statement compilation and distribution from the dbValuations II platform, as well as the continuing VCS development and Book of Work. Product valuations distributed include all un-cleared derivatives, Foreign Exchange (FX), Equity, Loan and security products that have been traded by DB to clients. The India VCS team supports the APAC, European and Americas regions, with the Americas region supported thru extended UK shift timings.

Key Responsibilities:
Manage regional team delivering Valuations Client Services, Margin Disputes, regulatory Portfolio Reconciliation and Data Control. Team size will be approximately 50 employees at AVP level and below and represent a sizable global footprint for processes performed.

Accountable for effective organizational design that enhances process stability thru high quality job content and proper supervision.

Set priorities, goals and team objectives that advance global priorities and incorporates regional opportunities for process optimization and team development. Ensure daily, weekly, monthly and quarterly team habits and expectations are aligned with priorities set.

Drives an effective people agenda, in collaboration with peers on CCRM India regional management team. Consistent and transparent in approach. Engagement across all corporate titles to ensure effective two way flow of communication.

Create a culture of superior service to internal and external stakeholders, in particular client and front office facing functions. Imbibe in the team the importance of timely and accurate communication in a manner that is appropriate for that particular audience.

Sets the standards for a strong operating control environment that is constantly evolving and proactive in identifying trends/weaknesses before an error or loss is incurred. Key messages are reinforced at regular intervals to keep protecting the Bank and our clients at the forefront of the team’s daily processes. Escalation is encouraged and met with management support to ensure the issue impact is fully understand and quickly resolved.

Accountable for process design to ensure procedures performed by team are efficient, controlled, regulatory compliant and risk of error is minimized. Advocate for innovation as well as process automation.

Supervision of daily business processes, complete with adherence to standard tools and minimum requirements (eg. Daily team huddles, end of day dashboards, daily supervisory checklists). Ensures performance visualization via metrics /KPI’s to evidence quality of team’s performance and to meet internal or external governance requirements.

Performs critical controls that require senior level of authority (eg. high value payments, P&L adjustments).

Senior point of contact for Global Operations and Front Office management for day to day production elements as well as strategic initiatives.

Regional contact for internal or external audit, risk & control and regulatory reviews. Proactively engaged in the management of these review to ensure information is properly understood by the independent reviewer and report findings are limited to appropriate and value added items.

Lead organizational change initiatives (people or process; regional or global product; regulatory, tactical or strategic) that deliver better value from the team or the global function. Collaborate with colleagues in other locations for maximum impact.

Active, contributing and collaborative member of the CCRM India leadership team and member of the CMV Extended global leadership team.

Advocate in global forums for the needs as well as the accomplishments of the team. Is transparent regarding obstacles and challenges faced so input can be solicited from regional and global management towards resolution.

Be accessible, visible and impactful with global stakeholders as well as regional management. Develop effective working relationship across the front to back processes in multiple locations to enhance operating effectiveness.

You will have:
Strong Management and Leadership skills that motivates the team to deliver their best.

Strong organisational skills; ability to identify and prioritise multiple tasks based on criticality, impact and franchise importance.

Strong client relationship and influencing skills.

Demonstrated ability to create and implement a strategic vision for team development and process evolution.

Value the importance of investing in people. Track record of attracting, developing and retaining top talent.

Exceptional communication skills – verbal , written and presentation.

Independent problem solver who demonstrates accountability as well as execution capability.

Proactive thinker who pre-empts and resolves issues to avoid operational incidents occurring.

Mindset of change and influence to overcome obstacles impacting team performance, whether directly or indirectly related to the process.

Background in either Valuations/Collateral, Rates, Credit, FX, Securities, Treasury or Liquidity Management.

Ability to independently coordinate and manage work requirements across multiple business areas and functions.

Ability to work in a fast-paced, highly regulated environment.

Ability to connect with people as well as desire to learn process flows.

Dedication to servicing a demanding internal and external client base.

Intermediate PowerPoint skills as the role will require you to present data and proposals from time to time to regional and global audiences.

Microsoft Excel skills to a good standard.

You will be:
Degree educated in Finance, Commerce or related field, or have a minimum of 3 years of work experience in a Banking/Finance environment.

Experience working in a global, cross matrix reporting organization.

3+ years experience in team management and organizational leadership.

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.


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