Operations Manager
- Deutsche Bank
- 15 - 18 Years
- Pune
- 4 years ago
- Email to a friend
- Report this job
Job Description
Position Overview
About Asset Services Utility (ASU)
Asset Services Utility (ASU) is responsible for processing both Mandatory and Voluntary Corporate actions to its internal and external clients. This team is responsible for the front to back processing the corporate action for our clients
- Instruction processing of Proxy voting on behalf of our clients
- Announcement Notification of the corporate action on all corporate action events
- Reconciling and sending Instruction to the CSD's / Agents on the back of client participation in Voluntary corporate actions
- Entitlement reconciliation basis the announcement and processing the entitlement to the clients account taking into account the tax applicability, Collateral trades and Stock lending and borrowing trades
- Collection and payment of entitlement from our counterparties whereby the entitlement has not been paid to the correct recipient due to market nuances
Role Overview
Head of Asset Services utility and has the ultimate responsibility and accountability for the delivery of the day to day operations. They will lead the people development in the team, optimize their process delivery through tactical and strategic initiative to reduce risks while ensuring that costs are managed and benefits delivered. The Leader of this team functionally reports to Global Head of Securities Services and regional reporting to the India Business head
- Develop and implement a multiyear strategy for Asset Survives in conjunction with business and technology
- Strategically influence the asset services road map to ensure DB are at or above competitor levels in terms of platforms and infrastructure
- Hire, develop and reward staff based on meritocracy and promote collaboration and diversity, identify and develop high performers
- Engage in client reviews to ensure best in class service is delivered , monitoring client satisfaction & service levels
- Management of budget and headcount to hit relevant targets
- Develop/maintain/enhance an effective control framework/environment
- Maintain a culture and environment where processes and control are continuously monitored and risks escalated in timely manner
Experience/skills
- A minimum 15 years of experience in Middle Office, Sales/Trading Support, Risk Management, Product Control, or Front Office with good product understanding of Asset Services
- Strong understanding of Fixed Income/Equity products and excellent understanding of the controls. Appreciation of the risks in the various processes in Asset Services and systems.
- A proven, considerable level of analytical, problem solving and resource planning skills
- Demonstration of excellent communication and influencing skills
- Build a strong partnership with global teams across Operations , Business and Technology teams
- An ability to work independently to solve business problems, an inquisitive nature, a willingness to ask questions and challenge, ability to work in fast-paced environment and guide and mentor more junior team members
- Excellent communication skills with good proficiency with MS excel tools like MS Excel, MS Power Point
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click to find out more about diversity and inclusion at Deutsche Bank.
Employement Category:
Employement Type: Full timeIndustry: BankingFunctional Area: ManufacturingRole Category: Director on BoardRole/Responsibilies: Operations ManagerContact Details:
Company: Deutsche BankLocation(s): Pune+ View Contact
Fraud Alert to job seekers!
₹ Not Specified
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in