VP – OTC Settlements
The Edge Partnership · Mumbai · onsite · Posted 62d ago
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About this role
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.
Please contact Mitali Nikale or email your cv directly in word format with Job Reference Number: JOB 16826 to
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Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 7 business days, we regret to inform you that your application for this position was unsuccessful.
[HIDDEN TEXT]Key responsibilities
- 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.
Role requirements
- 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.
- Graduate / MBA qualification.
- Location: Mumbai.
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About The Edge Partnership
The Edge Partnership
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Mumbai, Maharashtra
India
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