VP - OTC Settlements

The Edge Partnership - The Edge in Asia; Mumbai; On-site; INR 3,000,000 - 5,400,000; Full time

Job summary

The Edge Partnership is seeking a Senior Vice President-level leader to own Global OTC Derivatives Settlements across AEJ, EMEA and US entities. The role sits in the Operations function of a leading global financial services group and offers high visibility with close partnership across Front Office, Middle Office, Technology and vendor partners.

You will lead a high-volume, technology-driven settlements operation with emphasis on automation, control and global consistency, driving KRI metrics

Qualifications

• 15+ years of experience in Derivative Settlements, incl. Fixed Income and Equity.
• Executive-level stakeholder management and global operational leadership.
• Strong control mindset with focus on automation and risk reduction.

Responsibilities

• Managing Global OTC Derivatives Settlements operations across AEJ, EMEA and US.
• Collaborating with Front Office, Middle Office, Technology and vendors to resolve issues.
• Overseeing settlements applications, regulatory alignment and market initiatives.
• Handling bespoke settlement processes and SSI validation, reconciliation and fails management.
• Driving automation, robotics and system enhancements to reduce manual intervention.
• Setting strategic direction and ensuring global service and control standards.
• Conducting root cause analysis and implementing preventive controls.
• Managing capacity, headcount and resource allocation for growth.
• Leading KRI monitoring and break-reduction initiatives with data-driven metrics.

Skills

Derivatives settlements

Leadership

Automation

Regulatory compliance

Tools

Alteryx

Power BI

Robotics (RPA)

Job description

A senior, Vice President-level opportunity within the Operations function of a leading global financial services group, seeking an experienced derivatives settlements leader to own Global OTC Derivatives Settlements across AEJ, EMEA and US entities. The role offers significant visibility, with close partnership across Front Office, Middle Office, Technology and vendor partners.

This role offers the opportunity to lead a high-volume, technology-driven settlements function, with a strong focus on automation, control and global consistency.

Some of the key responsibilities will include:

• Managing Global OTC Derivatives Settlements operations across AEJ, EMEA and US.
• Working with Front Office, Middle Office, Technology, Reference Data Management and vendor partners to ensure smooth delivery and timely resolution of settlement issues.
• Overseeing OTC Settlements applications and ensuring alignment with market initiatives and regulatory requirements.
• Managing bespoke and non-standard settlement processes, including manual SSI management and client-specific protocols.
• Driving automation, robotics and system enhancements to reduce manual intervention and operational risk.
• Setting the strategic direction for the OTC Settlements team and ensuring consistent service and control standards globally.
• Conducting root cause analysis and implementing preventive controls for settlement incidents.
• Managing capacity planning, headcount and resource allocation to support volume growth and service levels.
• Leading KRI monitoring and break reduction initiatives, translating data into key business metrics.

To be eligible for this role you will require:

• 15+ years of relevant experience in Derivative Settlements, covering Fixed Income and Equity Derivatives.
• Strong client and employee focus, with high ethical standards and a robust control mindset.
• Demonstrated executive presence across clients, desks, Middle Office, Technology, Audit and Regulators.
• Hands-on experience across the derivatives trade lifecycle, including confirmation, settlement instructions, SSI validation, fails management and reconciliation.
• Strong product knowledge across Fixed Income Derivatives (IRS, CCS, Swaptions, Caps/Floors) and Equity Derivatives (TRS, Swaps, Options).
• Experience across multiple asset classes, including OTC Derivatives, FX and Listed products, within Investment Banking Operations.
• Flexibility to work EMEA/US shift patterns for global coverage.
• Exposure to Alteryx, Power BI, Robotics (RPA), Machine Learning, AI or Agentic AI frameworks would be advantageous.