India Head of Fixed Income & Currencies (FIC) Operations & Global Derivative Trade Services Lead, Director

Overview

Lead India Fixed Income & Currencies (FIC) Operations and the global Derivative Trade Services Middle Office functions within Deutsche Bank's Investment Bank Cross Product Ops organisation, building and leading the teams from the ground up.

What you'll do

• Lead India FIC Operations and Global Trade Services, managing operations processes with teams across Bangalore, Pune and Jaipur.
• Deliver best-in-class Fixed Income & Currencies operational performance across client service, sustainability, accuracy, timeliness and completeness.
• Establish and lead Middle Office teams with a specialised focus on Derivatives and post-trade lifecycle management, implementing robust processes and controls.
• Provide day-to-day leadership of the global Trade Services function and local oversight of India FIC operations staff.
• Partner with local and regional management to ensure consistent performance and controls across all Middle Office functions globally.
• Build strong stakeholder relationships across Investment Bank Front Office and 1st and 2nd line functions, acting as key point of contact for business issue resolution and strategy delivery.
• Participate actively in AFME and other industry working groups to drive reduction of settlement and payment processing risk through PVP, blockchain and other emerging technologies, and to measure and reduce payment errors.
• Prepare for T+1 impact and atomic T0 settlement.
• Serve as IB representative in local or product-specific councils and industry forums.
• Act as escalation point to the business for Middle Office issues globally, overseeing risk and metrics.
• Self-identify gaps or shortfalls and raise items accordingly.
• Work with Divisional Control Office and audit to validate, evidence and close audit points, SII's, CAP's, MAP's and regulatory commitments.
• Ensure key process and risk indicators, controls, service level agreements, budgets and vendor management are reviewed, challenged and adhered to.
• Communicate clearly with senior management, direct reports, broader teams and cross divisions.
• Influence and collaborate with Business, Operations, Technology, Compliance and Audit to drive accountability, sustainable performance and timely remediation of gaps.
• Construct and coordinate the production of Management Information (MI) highlighting updates, issues and risks within the department.
• Influence the design and strategic direction of Fixed Income & Currency Operations, balancing business strategy with the need to reduce operational costs and deliver financial and strategic targets.
• Empower and develop staff, identify training and development needs, and manage succession planning.

What you'll need

• Significant derivative middle office or operations experience.
• Transformation capability and delivery experience.
• Industry knowledge, engagement and representation at industry forums such as AFME.
• Experience of audit, risk and regulatory deliverables.
• Experience of working with global teams.
• Experience of working in a matrix management environment.
• Adherence to and promotion of company values and ethical framework.
• Ability to empower and develop staff, promote an inclusive environment, and manage people performance.
• Proven ability to leverage AI tools to enhance productivity and optimise workflows, applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Details

• Location: Bangalore, India.
• Reports to the co-heads of FIC Operations and is a member of the India regional Operations management.
• Corporate title: Director.