Private Bank Operations, AVP

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Job TitlePrivate Bank Operations

LocationJaipur, India

Corporate TitleAVP

Role Description

Individual will provide daily support on critical business deliveries and will work closely with, co-AVPs and Head, to address operational issues. Responsible for ensuring that day to day operations function smoothly and issues are resolved for teams. Candidate/ Application will be responsible for transitioning of any new process from formulating strategy, working with onshore to get the training requirements in place and will play key role to accomplish the smooth transitioning. Other responsibilities include cross -training, succession planning, Preparation of Management reports and Departmental initiatives, and interfacing with the different departments to ensure timely and accurate processing of all activities on a daily basis within the given timelines. AVP would also be responsible for other activities like BCM, Audits, Transformation and other initiatives.

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that youll 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

- Managing Security Operations processes like Trade Support, Confirmation, Settlement, Reconciliation, Reporting etc.
- Managing Ongoing Projects initiated by Business or self-initiated.
- Reviewing workflows and operating procedures to ensure that they remain up to date and implementing process improvements.
- Reviewing regulatory requirements and ensure all regulation controls are implemented and followed.
- Reviewing financial issues /breaks, work with finance and treasury to prioritize resolution
- Reviewing daily benchmark reports (KPIs) for each of the process lines, investigating benchmark breaches (KPIs) with the counterparts and working to improve the process.
- To build up process documentation, define benchmarks, capacity model, baseline volumes etc. for newly transitioned processes.
- Team development and motivation through strong engagement models, effective employee communication and administering reward and recognition.
- Driving Process Improvement through innovation, and involvement of all.
- Be a Change Lead to support any platform change, process change projects initiated by the organization and make sure all deadlines are adhered to.
- Conduct regular operational performance reviews and participate in monthly self-assessments.
- Regular connect with stakeholders to understand and prioritize business requirements.
- Effectively manage risk and foster a robust control environment.
- Building a strong mechanism to take care of volume peaks during peak season (If any)
- Prepare management updates on key projects, controls, ongoing operational initiatives, financials and related business management activities.
- Support Risk and Control initiatives and facilitate ongoing monitoring
- Keep all operational guidelines updated and ensure adherence to standards, procedures and also identify plan to mitigate risks where-ever there is a control issue.
- Develop relationship and credibility with all stakeholders.
- Work closely with onshore business managers on ongoing and upcoming projects, assignments and initiatives.

Your skills and experience

- Prior experience in Wealth Management Ops and Security, Reporting and Finance Knowledge is a must.
- Strong understanding of Risk, Controls and other associated functions.
- Needs to be a self-starter with significant ability to undertake initiatives.
- Strong interpersonal / good negotiations skills are required, leadership skills will be essential for this role. Follow through skills, Effective communication skills, fluency in Microsoft Office skills, ability to confidently handle internal clients, futuristic and innovative approach will be expected.
- Ability and willingness to work in shifts is a must.

Experience/Exposure

- Graduates/Postgraduates with good academic records.
- Total experience 10 years Plus in same industry and function is a must

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