Operations, Executive Director, Equity OTC Confirmations, Mumbai

Overview

Critical leadership role driving strategic change and transformation programmes across the Equity Confirms Ops Group under the Derivations Operations umbrella.

What you'll do

• Develop and implement a transformation strategy to streamline workflows, optimize operations, and enhance service delivery within Equity Confirmations Operations.
• Lead cross-functional teams to identify, design, and deliver key projects focused on automation, digitization, and regulatory compliance.
• Collaborate with senior stakeholders, including business unit heads, technology, legal, and compliance, to align transformation initiatives with organizational objectives.
• Oversee large-scale projects from initiation to completion, ensuring timely delivery, budget compliance, and measurable results.
• Foster a culture of continuous improvement by mentoring team members, promoting best practices, and encouraging innovation.
• Champion user-led Business Intelligence tools within the wider team.
• Monitor and report on transformation progress using data-driven analytics to measure impact and inform future strategy.
• Manage change activities to address both process and people aspects, minimizing disruption and maximizing engagement across the division.
• Build strong relationships with internal clients (Traders, Trade Support, Legal, Drafting Teams) to understand stakeholder priorities, protect confidentiality, and address ad-hoc requests promptly.
• Demonstrate knowledge of Equities products (Swaps, OTC options) and their lifecycle.
• Apply SDLC and Agile principles in daily change management.
• Lead requirements and user story creation, as well as project testing.
• Partner with IT to design, develop, and implement technology platforms that address business needs.
• Continuously identify and deliver value through enhanced business capabilities, efficiency, scalability, and improved operational risk management and controls.
• Manage time-sensitive regulatory changes effectively.

What you'll need

• Minimum of 10+ years Banking Operations or equivalent relevant industry experience with exposure to financial products.
• Minimum of 6+ years of previous experience in confirmation drafting roles with exposure to trade life cycles, process flows and reconciliation, with a proven track record in managing and developing control functions.
• Strong communication (writing and verbal) skills.
• Effective interaction with others across departments and regions.
• Ability to think strategically and provide insight into how to improve existing business and technology processes.
• Minimum bachelor's or master's degree.
• Strong working knowledge of ISDA definitions is essential.
• Proven track record and understanding of operational risk.
• Experience in negotiating with clients to resolve language discrepancies.
• Strong ability to maintain risk and control while balancing client service.
• Time management and an ability to multitask across line and project work.
• Ability to deconstruct complex processes into their component parts.
• Root cause analysis of reoccurring problems with ability to resolve.
• Excellent verbal and written communication skills across all levels of the organization.
• Ability to re-engineer existing procedures.
• Common sense coupled with a strong analytical and logical approach.
• Proactive and aggressive approach to risk management.
• Ability to operate as a strong team player able to work efficiently and effectively against aggressive deadlines.
• Ability to build strong working relationships with and influence internal partners including trade support, documentation and sales/trading.
• Proven track record of process management, project management or implementation of global strategic improvements.

Nice to have

• Knowledge of derivative products, settlement processes and Drafting systems (Thunderhead). Training will be provided on the job.

Details

• Location: Mumbai, India.