Derivatives & Fixed Income Operations Team Lead - Multiple Teams

Lead a team responsible for safe, accurate, and compliant markets operations in India. You will oversee trade lifecycle delivery, manage regulatory obligations, and work with business and control partners to resolve issues and improve processes. This role suits an experienced operations leader with strong India market knowledge, sound judgement, and the ability to bring teams together.

As a Vice President in Currencies and Emerging Market Operations, you will lead operations for foreign exchange, derivatives, fixed income, and money market activity in India. Reporting to the Indian Branch Head of Market Operations, you will oversee settlements, confirmations, reconciliations, regulatory reporting, and controls. You will lead and develop the team, work with internal and external partners, and drive improvements that support business needs while meeting regulatory requirements.

Job responsibilities

• Lead trade lifecycle operations across foreign exchange, derivatives, fixed income, and money markets, ensuring accurate and timely processing.
• Oversee settlements, confirmations, reconciliations, and exception resolution, including nostro and wash accounts.
• Ensure operations comply with applicable India regulatory and industry requirements, including requirements from The Clearing Corporation of India Limited and The Foreign Exchange Dealers Association of India.
• Oversee regulatory reporting, goods and services tax calculations, and monitoring of prudential and regulatory limits.
• Manage corporate client regulatory documentation and assess the operational impact of regulatory changes.
• Lead, coach, and develop the operations team, setting clear expectations and promoting accountability.
• Partner with clients and teams across business, finance, compliance, legal, and audit to resolve issues and deliver effective operations.
• Drive process and automation improvements that strengthen controls and improve efficiency.
• Support business growth by adapting operating processes to changing market and regulatory needs.
   

Required qualifications, capabilities, and skills

• Bachelor’s degree in Finance, Accounting, Business, or a related field.
• Minimum 15 years of experience in banking or financial markets operations.
• Strong markets operations experience across one or more of foreign exchange, derivatives, fixed income, or money markets, with the ability to oversee related workflows.
• Mandatory srong knowledge of India regulatory and market requirements, including relevant Clearing Corporation of India Limited and Foreign Exchange Dealers Association of India processes.
• Experience leading settlements, confirmations, reconciliations, and exception management, including nostro operations.
• Experience managing regulatory reporting and corporate client regulatory documentation.
• People leadership experience, including coaching, performance management, and team development.
• Strong stakeholder management and communication skills, with the ability to explain complex operational issues clearly.
• Strong risk and controls mindset, with a track record of resolving issues and improving processes.
   

Preferred qualifications, capabilities, and skills

• Chartered Accountant qualification and/or Master of Business Administration degree.
• Experience leading process improvement or automation initiatives.
• Experience working across multiple markets products and adapting to changing regulatory requirements in India Branch