Head of South Asia Operations

3 weeks ago


Mumbai, India Citi Full time

Head of South Asia Operations / C16

Position Objective

The Head of South Asia Operations is responsible for leading and executing Operations strategy and priorities across all businesses in India, Sri Lanka, and Bangladesh. This includes driving Operations and Franchise wide initiatives with key focus on operations governance, resiliency & controls, regulatory engagement, compliance & change management, and country Operations Organizational Health (people aspect). Further also comprises of supporting cross franchise initiatives related to digitalization, productivity, and right placement, while maintaining a strong control environment

The Head of India Operations is a formally appointed role, providing horizontal oversight and governance representation for all Operations areas supporting the country. This role will also partner with Citi Solutions Center (CSC) Network and local management to ensure appropriate governance from country point of view, in alignment with globally consistent Citi practices.

The role represents Operations in the India Management Committee/Country Coordinating Committee (CCC) and is part of the Asia South Cluster Operations leadership team. The position reports into the India CCO and Asia South Operations Head. The role will partner with country and cluster management teams to ensure appropriate governance from a country perspective, in alignment with global Citi standards and practices.

India Operations supports 14 branches located across 14 cities with ~1200 employees. The role supports USD 3.7 MM Trade transactions and USD 510MM cash transactions annually. Citi is the largest custodian in India with 35% Market share of FPI AUC and TTS Trade market share of 9%.

The role will also oversee Bangladesh and Sri Lanka Operations, with the day-to-day activities led by the respective Operations Heads for these markets.

The role requires strong understanding of local regulatory landscape, broad and comprehensive understanding of various systems and practices relevant to the function as well as practical experience of multiple business cycles. In-depth knowledge of the industry and direct competitors' products and services is necessary to contribute to the commercial objectives of the business. Excellent communication skills are required to influence wide range of audiences.

The role involves both internal and external engagement which will have a major impact and influence in the area managed as well as other related areas of the organization.

Responsibilities

Drive strategic Operations priorities and its execution with key focus areas on Operations Governance, Regulatory and Audit Engagement, Resiliency & Controls, People, Client & Franchise and Financial Management.

Operations Governance

Actively participate and represent all Operations functions on required country governance committees, board of directors, where relevant and required locally. Oversee Operational Risk Events (Near-misses, Actual Loss, etc.) and drive lessons learnt across Operations supporting the country. Provide thought leadership and actively represent Operations in industry forums to shape policy and regulations.

Regulatory and Audit Engagement

Act as the senior point of contact for local regulators on Operations items. Represent Operations to country regulators including regulatory meetings, ongoing regulator engagement/update, onsite inspections, and data requests. Ensure proper framework to comply with regulatory expectations and implement new local/global regulatory requirement across Operations. Partner with respective functions to ensure that regulatory expectations with regards to Operational Resilience, Data Privacy, Third Party Risk management are met. Ensure timely and accurate regulatory reporting across Operations units. Drive Cross Franchise Operations audits in the country. Ensure Transformation / Consent Order commitments & Data Concern Remediation Management items specific to country are executed.

Resiliency & Controls

Escalate, manage, and report significant risk events and issues timely and with transparency to key franchise and cluster stakeholders following the escalation policy and standards. Foster an environment of proactive escalation and prompt resolution of all country Operations issues and create a culture of accountability. Represent Operations in Operations Resilience, Business Continuity and Crisis Management exercises in the country / cluster. Ensure timely closure Corrective Action Plans (CAP) across Operations in country. Embed control and compliance procedures into every aspect & appropriately assess risk during business decisions. Drive adoption of best practices across Operations processes and teams in the country. Demonstrate consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets, by driving compliance with applicable laws, rules, and regulations. Adhere to Citi policies and guidelines and apply sound ethical judgment regarding personal behaviour, conduct and business practices. Ensure compliance risks are effectively identified, measured, monitored, and controlled, consistent with the bank’s risk appetite statement and all policies and processes established within the risk governance framework.

People, Client & Franchise

Maintain a strong focus on delivery of high-quality customer services through Operations processes while maintaining a pristine control environment. Execute functional strategies requiring coordination and integration across Operations in the country. Partner and influence country, cluster, and global Operations teams to determine and implement the strategic approach for Operations functions. Ensure continued alignment to the Operations Operating Model and strategic priorities, enabling the franchise and businesses to achiever their day-to-day operational and long-term goals. Understanding the industry, competitors, and internal product offerings to contribute to the commercial objectives of the business, and drive improvements within the functional areas, including leading a successful risk control environment. Lead a diverse Operations country management team, focusing on their individual development, and empowering them to build strong relationships with their product, cluster, and in-country partners. Promote talent development and mobility with focus on building a strong talent pipeline, diverse talent, leveraging opportunities to develop future leaders. Create and drive a culture of inclusion, diversity, and meritocracy, enabling strong ethical and leadership standards. Foster a culture of collaboration, innovation, and continuous improvement within Operations teams. Actively champion Operations initiatives to drive workforce future-readiness and enhance people manager capabilities.

Financial Management

Support the country Operations teams to meet and exceed financial goals. Work in partnership with cluster / business aligned Operations partners and country stakeholders to identify opportunities to optimize expenses. Oversee key process re-engineering and automation initiatives across Operations in the country to help reduce risk, build scalability, meet annual productivity commitments.

Requirements

Experience

15+ years of experience in relevant areas is mandatory. He/She should have worked in Banking – Operations related areas / projects involving Operations Policy and Planning / Financial Networks and Applications / Financial Information Systems / of which five years should be at senior management level. Significant understanding of the regulatory environment and experience in managing regulatory expectations in a complex environment. Experience of managing teams, employee engagement, development, and staff diversity will be key to ensure a motivated and engaged workforce.

Leadership

Knowledge of local legal and regulatory requirements strongly preferred. Strong operational risk skills including the perceptiveness to identify early warning signals. Excellent strategic thinking and problem-solving abilities to navigate challenges and identify optimal solutions. Proven capability to lead and manage change effectively within a dynamic and evolving operational environment. Outstanding communication and interpersonal skills, with the ability to effectively communicate with stakeholders at all levels. Demonstrated people leadership skills, including the ability to connect, motivate, inspire, and guide a diverse team to achieve organizational objectives. Demonstrated ability to build and promote diverse talent within the organization and embed career development pathways for succession planning. Strategic and innovative thinker with demonstrated ability to define strategy and provide direction and support with the skills to switch quickly from strategic to tactical. Ability to work effectively in complex and dynamic situations requiring analytical, interpretive, and problem-solving skills. Strong influencing and negotiation skills. Ability to explore alternatives and positions to reach outcomes that are supported and accepted by stakeholders. Excellent prioritization and time management skills.

Education:

Bachelor’s degree/University degree or equivalent credentials (master’s degree preferred).

------------------------------------------------------

Job Family Group:

Business Strategy, Management & Administration

------------------------------------------------------

Job Family:

Business Management

------------------------------------------------------

Time Type:

Full time

------------------------------------------------------



  • mumbai, India Citi Full time

    Head of South Asia Operations / C16 Position Objective The Head of South Asia Operations is responsible for leading and executing Operations strategy and priorities across all businesses in India, Sri Lanka, and Bangladesh. This includes driving Operations and Franchise wide initiatives with key focus on operations governance, resiliency &...


  • Mumbai, Maharashtra, India timesjobs Full time

    ### #### Posted on: 3-Jan-2015ACCOUNT HEAD SOUTH ASIA ACCOUNTS*Location: Mumbai**Experience: Yrs*Job Purpose:To manage all aspects of accounts in South Asia for major Telecom operators. Ensure agility, efficiency and demonstrable value addition to the South Asia Accounts for solution and services. Strategize, deliver, demonstrate value and grow the South...


  • Mumbai, Maharashtra, India Cochlear Ltd Full time

    Cochlear is the global market leader in implant hearing solutions. Cochlear's mission is to help people hear and be heard. Around the world, more people chose a Cochlear-branded hearing implant system than any other. A Cochlear Implant is an electronic device that is surgically implanted under the skin near the ear that restores hearing to those who suffer...

  • Head Chef

    2 weeks ago


    Mumbai, India MNC Group Full time

    Hi,We are hiring -Profile - Head Chef - South IndianLocation - Khar, MumbaiHotel - 5 Star HotelSalary - 1.5 Lacs to 2 lacs Per MonthExperience - 10-15 yrs into southindian cuisineIf interested share CV on neha.k@ipsgroup.co.in (mention subject - Head Chef - South Indian)Share detailsCurrent CTCExpected CTCLocation#southindiancuisineIf not interested pls...

  • Head Chef

    2 weeks ago


    Mumbai, India MNC Group Full time

    Hi,We are hiring -Profile - Head Chef - South IndianLocation - Khar, MumbaiHotel - 5 Star HotelSalary - 1.5 Lacs to 2 lacs Per MonthExperience - 10-15 yrs into southindian cuisineIf interested share CV on neha.k@ipsgroup.co.in (mention subject - Head Chef - South Indian)Share detailsCurrent CTCExpected CTCLocation#southindiancuisineIf not interested pls...


  • Mumbai, India Corporate Full time

    Job Number Job Category Human ResourcesLocation Mumbai Area Office, A- Fulcrum B Wing Hiranandani Business Park, Mumbai, Maharashtra, India VIEW ON MAPSchedule Full-TimeLocated Remotely? NRelocation? NPosition Type ManagementThe Senior Manager, Human Resources Services, South Asia leads and oversees the strategic planning, development, implementation, and...


  • mumbai, India Corporate Full time

    Job Number Job Category Human ResourcesLocation Mumbai Area Office, A- Fulcrum B Wing Hiranandani Business Park, Mumbai, Maharashtra, India VIEW ON MAPSchedule Full-TimeLocated Remotely? NRelocation? NPosition Type ManagementThe Senior Manager, Human Resources Services, South Asia leads and oversees the strategic planning, development, implementation,...


  • Mumbai, India Unilever Full time

    ABOUT UNILEVER: Be part of the world’s most successful, purpose-led business. Work with brands that are well-loved around the world, that strive to improve the lives of our consumers and the communities around us every day. Every day, nine out of ten Indian households use our products to feel good, look good and get more out of life - giving us a unique...


  • Navi Mumbai, India Domnic Lewis International Full time

    Purpose/Key Objectives of the Job:- Manage company tax matters in the Middle East and South Asia regions.- Provide support to global tax management by gathering necessary data for tax research and planning projects.- Collaborate closely with tax and accounting colleagues, as well as external service providers, to achieve objectives.- Determine optimal...


  • Mumbai, India Unilever Full time

    ABOUT UNILEVER: Be part of the world’s most successful, purpose-led business. Work with brands that are well-loved around the world, that strive to improve the lives of our consumers and the communities around us every day. Every day, nine out of ten Indian households use our products to feel good, look good and get more out of life - giving us a unique...

  • Senior Vice President

    1 month ago


    Mumbai, India Citi Full time

    At Citi , we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they are consumers, corporations, governments, or institutions – to...

  • Senior Vice President

    1 month ago


    mumbai, India Citi Full time

    At Citi , we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they are consumers, corporations, governments, or institutions – to...


  • Mumbai, India Global Indian International School Full time

    Business Intelligence Manager (5-8 yrs)Founded in 2002, Global Schools Foundation is a Singapore-headquartered, community-oriented education institution whose mission is to cultivate and nurture young minds into global leaders of the future and is significantly contributing to achieving significant learning outcomes for every child. In the last two decades,...


  • Mumbai, India Stride One Full time

    Company Profile : StrideOne, the NBFC, has been setup with the vision to be a leading financial institution for Indian Startups and their ecosystem providing comprehensive financial services distributed digitally. We have a "Product First and Client First" approach and hence customize various financial services to the specific needs of the industry that the...

  • Data Entry Operator

    1 month ago


    Mumbai, India Isprava Vesta Pvt Ltd Full time

    **Lohono Stays**: Lohono Stays by Isprava has been created to craft contemporary, luxury vacations for discerning travelers which offers high-end luxury homestays across holiday destinations in India and South-East Asia. Designation Data Entry Operator Location Mumbai key Responsibilities Enter customer and account data by entering numeric and text-based...


  • Mumbai, Maharashtra, India Danaher Full time

    Wondering what's within Beckman Coulter Diagnostics? Take a closer look.At first glance, you'll see that for more than 80 years we've been dedicated to advancing and optimizing the laboratory to move science and healthcare forward. Join a team where you can be heard, be supported, and always be yourself. We're building a culture that celebrates backgrounds,...

  • Vice President

    1 month ago


    Mumbai, India Citi Full time

    At Citi , we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they are consumers, corporations, governments, or institutions – to...

  • Vice President

    1 month ago


    mumbai, India Citi Full time

    At Citi , we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they are consumers, corporations, governments, or institutions – to...

  • Finance Controller

    1 month ago


    mumbai, India Antal International Full time

    Job Description The Finance Controller, South Asia is the subject matter expert and responsible for all governance, accounting and ensuring effective and efficient policies and procedures. The role will ensure company runs its complete operations in compliance with the varied and complex laws of India, India GAAP and sound governance principles, to ensure...


  • mumbai, India Talent Corner Full time

    Roles and Responsibilities   Experience : 10-15 YearsCTC: 4-5 LacsOperation Head with 10 to 15 years of extensive experience in vehicle/billboard advertising. The ideal candidate should possess a proven track record of managing nationwide operations and advertising campaigns. Desired Candidate Profile   Perks and Benefits