Manager

Smartstream; Bengaluru; On-site; INR 3,500,000 - 6,500,000; Full time

Job summary

SmartStream in Bengaluru is seeking an experienced Operations leader to manage the Listed Derivatives business, including settlement of trades and invoices for Payables and Receivables. You will lead a 10+ member team, drive process improvements, and ensure SLAs with clients and brokers.

The role requires deep derivatives knowledge, strong analytical skills, and cross-team coordination to reduce processing costs while expanding client relationships.

Qualifications

• 10+ years of derivatives product knowledge with listed brokerage experience.
• 5+ years experience in managing reconciliation processes.
• Strong knowledge of investment banking products, especially derivatives.
• Understanding SLA management and RACI.
• Excellent MS Office skills.
• Strong analytical and numerical abilities.
• Willing to travel if required.
• Can-do attitude in fast-paced environment.

Responsibilities

• Manage the Operations team for Listed Derivatives and settlement of trades/invoices for Payables and Receivables.
• Drive process improvements and use team leads to implement projects.
• Manage BAU to meet contractual service levels.
• Oversee transaction, fee, cost and invoice management to meet SLAs.
• Maintain client communication and escalation handling.

Skills

Derivatives knowledge

Reconciliation management

MS Office

Analytical problem solving

Numeracy

Can-do attitude

Adaptability in fast-paced env

Team leadership

Education

Graduate/Post Graduate in Banking and Financial Services

Tools

MS Office

Job description

• Manage the Operations team for Listed Derivatives business covering Atlantis and Manual settlement of trades/invoices for Payables and Receivables
• Effectively utilize the resources to improve the existing process and identify process improvement projects and drive it through team leads
• Manage the BAU to meet the agreed contractual service levels
• Work on SmartStream's transactions, fees, cost and Invoice management solution ensuring all service level agreements are met
• Effective manage the client communication and escalation management

Job Responsibilities

Typical Work Activities include:

• Use CS and FIA applications to perform the reconciliation BAU and resolve the breaks
• Review the team performance and tweak the targets and work with the team leads to achieve them
• Understand the SLA requirements and prepare a plan of action for remediation
• Be part of the product onboarding with clients and run the operations requirements including UAT, testing and result evaluation
• Prioritising work to ensure all SLA's are adhered too
• Keeping the client fully informed of progress and liaising with brokers & banks to close any issues
• Work with multiple teams to provide ideas and input into improving the Smartstream solution
• Responsible for Team performance and should be able to manage minimum of 10+ members
• Team management with providing comprehensive feedback to develop the individuals and the team
• Expand the role with multiple clients and effectively contribute to reduce SmartStream's cost of processing
• Interview and recruit smart talent and effective management

Requirements

• Minimum 10+ years of Derivatives Product knowledge with experience in Listed Brokerage
• Minimum 5+ years of experience in managing reconciliation process
• Sound knowledge of Investment Banking products predominantly Derivatives
• Detail understanding in Trade Lifecycle
• Understanding of Service Level Agreements (SLA) and management
• Understanding the process of establishing RACI
• Excellent knowledge of MS office applications
• Analytic problem solving skills
• Good numeracy skills
• Need to have a ‘can do' attitude to resolve complex issues
• Comfortable in a fast moving environment with multiple customers and tasks
• Works well in a busy environment and takes full ownership
• Should be a go-getter
• Hardworking and flexible with times (Currently no shifts)
• Willing to travel if required

Desirable Skills

• Excellent communication skills both written and verbal
• Excellent presentation skills
• Project management skills will be an advantage
• UAT management and product deployment
• Effective prioritisation
• Ability to build good relationships with stake holders
• Focus on Delivery and Customer Service
• Team worker
• Calm, methodical approach to problem solving
• Need to have a ‘can do' attitude to solve complex issues
• Comfortable in a fast moving environment with multiple customers and tasks
• Works well in a busy environment and takes full ownership
• Should be a go-getter
• Hardworking and flexible with times (Currently no shifts)
• Willing to travel if required

Qualifications

• Graduate/Post Graduate in any faculty related to Banking and Financial Services

Equality Statement

SmartStream is an equal opportunities employer. We are committed to promoting equality of opportunity and following practices which are free from unfair and unlawful discrimination.