Senior Operations Expert

Job Title: Operations Senior Expert, AVP

Location: Jaipur, India

Role Description

• Operations provides support for all of Deutsche Bank's Investment Bank businesses to enable them to deliver transactions and processes to clients. Our people work in established global financial center such as London, New York, Frankfurt, and Singapore, as well as specialist development and service center in locations including India, the US and Philippines. We manage trade lifecycle events and related controls across the Investment Bank's platforms and support global trading desks.
• A dynamic and diverse division, our objective is to make sure that all our services are executed in a timely and professional manner, that risk is minimized and that the client experience is positive. We are proud of the passion and professionalism of our people, and the work they do. In return, we offer excellent career development opportunities to foster skills and talent.
• You will be responsible for the India FIC Middle Office functions supporting the Investment Bank Trading activities for EMEA, US & Asia regions. You will be based in Pune or Bangalore, will report to the Global Head of Middle Office and will be a member of the regional Operations management team.
• The FIC Middle office teams are responsible for the delivery of operational services to Investment Bank businesses which include trading in Foreign exchange, Rates, Credit Derivatives, Commodities and Equity Derivatives products.
• Operational services cover both the ("Run The Bank") as well as transformation ("Change the Bank") for these functions. You will also have regional franchise responsibilities outside the core derivatives area, in either building a capability/competency, employee engagement, industry forums etc. There is also potential to expand to a global role for this function, based on performance.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Provide a quality service to the Investment Banking division, especially within Core Middle Office  in an efficient and cost effective way whilst maintaining appropriate control and risk management.
• Managing to key metrics in line with agreed targets and risk tolerances, notably cost and control
• Ensuring regulatory compliance from a country and regional perspective.
• Drive the development of strategic goals for FIC Operations India
• Partner with Technology teams to drive strategic and tactical transformation programs. to enhance processing efficiency and controls
• Provide People leadership, including the development of key talent and the overall needs of the staff
• Set clear direction for the team in line with overall business strategy and evolving regulatory expectations
• Manage performance systemically by setting qualitative and quantitative goals, promoting individual accountability and removing impediments to success.
• Communicate specific and measurable business driven objectives at the beginning of the year, ensuring every team member has regular, continuous and constructive performance discussions.
• Partner with regional leads across other delivery hubs to execute the global Middle Office strategy
• Empower, manage, coach and mentor direct reports and others in the organization and hold teams accountable for strong people, system and control management practices.
• Ensure each direct report has sufficient time and skills to perform the correspondent role and proactively manages and mitigates potential conflicts of interests.
• Proactively manage performance and people issues to ensure alignment with the Bank's goals, values and code of conduct.
• Build capability for competitive advantage by driving succession planning, prioritizing continuous development of people and fast tracking the mobility of high potentials within the team.
• Bring diverse teams together to collaborate on topics in order to achieve optimal ideas and recommendations
• Create an open and inclusive culture where team members are encouraged to offer and challenge ideas and practices.
• Act as an escalation channel for the Group's benefit by ensuring matters are referred to the appropriate function within the Bank (i.e. HR, Compliance, AFC, Legal).
   

Your skills and experience

• Broad and deep knowledge of banking products, market and regulatory practices and client requirements in India. Prior Middle Office Operations experience is required. Broad experience of multiple asset classes across Fixed Income and Equity Derivatives is required.
• Deep knowledge of Middle office roles and responsibilities, controls and process is required. Operational knowledge on intersystem reconciliations is preferred.
• Proven track record of delivering operational excellence and in driving collaboration across multi-product and functional teams, in context of varied local regulations, market practices, technologies and processes
• Experienced senior professional with global investment bank exposure, with proven success in managing matrixed and virtual management structures, managing across varied functions within a regional management team structure
• Experienced leader with proven ability in managing stakeholder relationships across Front Office, Mid and BackOffice teams
• Leadership skills which enable the candidate to successfully influence simultaneously across multiple stakeholders, peers, direct and indirect reports
• History of leading complex multi-year strategies impacting product, function, process and technology, balancing revenue goals with client service and regulatory adherence. Proven track record in successfully leading complex and critical transitions.
   

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.