Assistant Vice President, OTC Derivatives Greater Pune, India Area

The Company is seeking an Assistant Vice President for Over the Counter Derivatives in the Global Process Delivery - Derivatives Department. The successful candidate will be responsible for ensuring the team's compliance with operating policies, procedures, and guidelines related to OTC deliverables. This role involves team development, staff management, and a major focus on department strategy, change management, resource planning, client relationship management, and risk reduction. The AVP will also be expected to lead and manage the department, take ownership of strategic initiatives, and ensure the quality of service to assigned clients. Candidates for this position should have a Bachelor’s degree or above, with at least 13 years of experience in financial services or a back/middle-office operations environment, and a minimum of 2-3 years in a people/team management role. Domain-specific experience in derivatives trade processing is essential. The role requires excellent leadership, negotiation, and analytical skills, as well as a proven track record in efficiency creation and staff development. The AVP will be expected to have a strong understanding of financial instruments, exceptional analytical and critical thinking abilities, and the capacity to handle complex operational and managerial problems. The position demands a proactive individual with the ability to work both independently and as part of a team, who can drive and manage business changes and ensure the team is properly resourced to deliver high-quality service.

Hiring Company

State Street