Securities & Derivatives Group Manager - C14 - GURGAON

The Securities & Derivatives Group Manager is a senior management level position responsible for overseeing a large team (70+ members) dedicated to the efficient and accurate processing of high-volume securities and derivatives transactions for fund accounting processes. This role demands a deep understanding of financial instruments, trade lifecycle events, and fund accounting principles. The Senior Manager will drive operational excellence, ensure regulatory compliance, and foster a culture of continuous improvement within the team.

Responsibilities:

• Leadership and Team Management:
  • Lead, mentor, and coach a team of 70+ transaction processing professionals.
  • Foster a positive and collaborative work environment, promoting employee development and engagement.
  • Conduct performance reviews, identify training needs, and implement development plans.
  • Oversee resource allocation, workload balancing, and succession planning.
• Transaction Processing Oversight:
  • Ensure timely and accurate processing of all securities and derivatives transactions, including trade capture, confirmation, settlement, and reconciliation.
  • Implement and maintain robust quality control measures to minimize errors and ensure data integrity.
  • Monitor transaction volumes, identify bottlenecks, and implement process improvements to enhance efficiency and scalability.
  • Develop and maintain comprehensive documentation of transaction processing procedures.
• Fund Accounting Expertise:
  • Possess a strong understanding of fund accounting principles and practices.
  • Ensure compliance with all relevant accounting standards and regulations.
  • Collaborate with the fund accounting team to ensure accurate and timely reporting.
• Risk Management and Compliance:
  • Implement and maintain a robust risk management framework to mitigate operational, financial, and regulatory risks.
  • Ensure compliance with all relevant regulations and internal policies.
  • Conduct regular audits and reviews to identify and address potential control weaknesses.
• Stakeholder Management:
  • Build and maintain strong relationships with key stakeholders, including trading desks, branch offices, fund accounting, and compliance.
  • Communicate effectively with stakeholders to provide updates on transaction processing performance and address any concerns.
• Technology and Innovation:
  • Stay abreast of industry best practices and emerging technologies in transaction processing.
  • Identify opportunities to leverage technology to improve efficiency, accuracy, and automation.
  • Collaborate with technology teams to implement and integrate new systems and tools.
• Budget Management:
  • Develop and manage the annual budget for the transaction processing team.
  • Monitor expenses and identify cost-saving opportunities.

Qualifications:

• 10+ years of relevant experience in securities and derivatives operations, with a focus on transaction processing.
• Proven experience managing large teams (70+ members) in a fast-paced, high-volume environment.
• Deep understanding of financial instruments, trade lifecycle events, and fund accounting principles.
• Strong leadership, communication, and interpersonal skills.
• Excellent analytical, problem-solving, and decision-making skills.
• Proven ability to manage multiple projects simultaneously and meet tight deadlines.
• Bachelor's degree in finance, accounting, or a related field; Master's degree preferred.

Education:

• Bachelor’s degree/University degree or equivalent experience
• Master’s degree preferred
• Experience with fund accounting software and systems.
• Lean Six Sigma or other process improvement certifications.

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

Job Family Group:

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

Job Family:

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

Time Type:

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

Most Relevant Skills

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

Other Relevant Skills

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

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View Citi’s EEO Policy Statement and the Know Your Rights poster.