Citco India | Assistant Vice President - Middle Office Operations

Responsibilities

• Oversee the successful roll out of Uncleared Margin Rules (UMR) service offering from an MOS perspective.
• Reconciliation in terms of in-house reconciliation and use of 3rd party Tri Optima, be an active participant in both daily reconciliation and Dev efforts to improve the product offering.
• Establish, alongside AVP, direct report goals, prepare performance evaluations and succession plans.
• Work with and develop strong relationships with multiple departments across the firm including our Center Of Excellence (COE), clients and counterparties to drive results and deliverables.
• Work with clients in a professional manner to resolve any open issues.
• Lead the roll out of new operational processes.
• Ensure strong succession plans in place within the team.
• Supporting the conversion/launches of any new clients.
• Participate and organize operational due diligence reviews and client visits.
• Participate in client pitches and demos as needed.
• Provide both internal and external system training where required.
• Ensure adherence to Global Best Practice Policy and provide ongoing leadership in all matters related to operational risk including incident resolution.
• Manage a team whose role is ensuring that MOS deliverables are produced accurately and in accordance with risk management best practices, monitoring client collateral margin requirements and reviews of static data regarding ISDA CSA Master Documentation.
• Be the point of contact for your location and function, collaborating with respective leaders across the business to achieve collective goals.
• Marketing experience an advantage and presentation skills essential.
• Partners with internal and external clients to understand needs, develop solutions and deliver an excellent client experience.
• Takes proactive steps using sound judgement to support safe and effective decision making.
• Values and promotes a strong risk culture.
• Develops forward-looking strategies for growth by identifying market trends and transformation opportunities.
• Drives innovation by challenging conventions, fostering creativity, and translating insights into impactful strategies that position Citco for sustainable success.
• Creates a culture where influence is valued over authority, with a strong emphasis on diverse experience.

Requirements

• Strong SWIFT experience with security transfer knowledge of MT527, 540 and 542 would be an advantage.
• Experience with collateral vendor relationships is an advantage such as Acadia or Euroclear.
• Learn more about Citco's expected skills, behaviors, and the hiring process at Careers FAQ.
• Knowledge of MRAs/ GMRAs (Global Repo Margin agreements) is an advantage.
• Knowledge of Hedge and Mutual Funds.
• Demonstrated ability to leverage AI-powered tools and evolving digital technologies to enhance productivity, efficiency, and quality of work

Citco India

Citco India is an employer hiring in India (sector: Corporate / GCC / Consumer / Industrial). In its own words: "At Citco, we don't just provide bespoke solutions and better results."

CA Samaaj lists Citco India's current India openings for finance, accounts, audit and tax professionals, taken from its official careers site (fa-euxc-saasfaprod1.fa.ocs.oraclecloud.com) and checked regularly to remove closed jobs. Recent roles are based in Maharashtra, Hyderabad, Telangana and Mumbai.

• Industry: Corporate / GCC / Consumer / Industrial