Operations Team Leader, AS
Position Overview
Job Title : Operations Team Leader
Location : Bangalore, India
Corporate Title : AS
Role Description
- The Associate is a First Level Manager who will be required to manage the day-to-day activities of the Reconciliation process. Would serve as a People Manager with a very strong Subject Matter Expertise to resolve queries from team members and resolving parties alike. Aided by a Process Supervisor, the Team Manager helps address the process issues faced by the team.
- Candidate would work very closely with the team members, AVP / VP, resolving parties and external custodians to keep the number and value of ageing Cash & Position breaks under control.
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 policyGender neutral parental leaves100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationEmployee Assistance Program for you and your family membersComprehensive Hospitalization Insurance for you and your dependentsAccident and Term life InsuranceComplementary Health screening for 35 yrs. and aboveYour key responsibilities
Have deep knowledge of the Reconciliation process and the associated Investment and Accounting Book of Records.An associated understanding of Swifts / internal feeds that enable the above.Ability to relate the Reconciliation to upstream and downstream functions.Appreciation of the impact of open Cash & Position breaks and ability to Investigate & Identify the Root Cause and henceforth assign the Cash & Positions break to the correct resolving party for further investigation & resolution.Analytical mindset to reduce the number and value of open breaks so as to minimize risk exposureWork effectively with internal functions such as Trade Processing, Reference Data, Corporate actions, Bookings, Tax etc. and with external Custodians for resolution of breaks.Support with small to medium sized process & functional change initiatives to improve efficiency & reduce risk.Your skills and experience
Help the team members perform primary investigation on the Cash and Position breaks and manage their queries and escalations from the Front Office and Resolving PartiesBe the first point of contact for process & functional issues faced by the team members and front office colleagues.Ensure proper back-ups created and assist other teams during contingencies (Staff shortage, high volumes etc) . Driving Process Improvement through innovationManage performance of the team members with a focus on their skill development.Perform regular performance reviews of staff as per Organizational guidelines. For internal use only For internal use only Your skills and experienceMinimum work experience of 8 years with the last 4 years in a managerial role.Prior experience in Reconciliation of Cash & Positions across Investment and Accounting Book of Records against CustodiansPreferably with an Asset Manager, Fund Accountant and / or a CustodianGood understanding of Aladdin and market data platforms like Bloomberg is a plus.Knowledge of Security and Trade Life Cycle of various financial products is a prerequisite.A quality mindset with a Six Sigma / Lean background would be a plusFluency in Microsoft Office skills specifically MS Excel & MS PowerPointShould demonstrate solution drive approach & innovative thinking.Should be open to work in the required shiftStrong people manager with proven track record of working with & developing people. Education / CertificationGraduates / Masters with good academic records.Excellent communication & collaboration skills. How we'll support youTraining 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.How we'll support you
Training and development to help you excel in your careerCoaching and support from experts in your teamA culture of continuous learning to aid progressionA range of flexible benefits that you can tailor to suit your needsAbout us and our teams
Please visit our company website for further information :
We strive for a in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Skills Required
Bloomberg, Lean, Tax, Reference Data, Six Sigma, Corporate Actions, bookings , Trade Processing