VP - Fixed Income Settlements

VP - Fixed Income Settlements

Category

Back Office / Operations

Salary

15-20 M ¥

Work Type

Permanent

Date

2008-06-27

Location

Tokyo

Ref.#

HTO20990

Company Description

This firm is one of the world’s top European banks, renowned for its expertise in investment banking, private banking and asset management, and most valued for its advice, innovation and execution. This firm provides asset management and financial advisory services to high-net-worth individuals and corporate investors, and is a world-leading financial services company, advising clients in all aspects of finance.

Responsibilities

*Responsible for Settlement functions related to Domestic Fixed Income products (e.g., JGB/Corporates/CPl/loans) dealt by FID Business lines in Tokyo
*Report to Fixed Income Operations Head (Senior VP), based in Tokyo
*Responsible for accurate/timely settlement of JGB and other domestic FID instruments inclusive of loans as well as Fixed Income Custody service for our affiliate companies
*Manage Domestic FID Settlement Group (1 AVP, 4 staff) and Custody (1 AVP, 2 staff) for objective setting, development and performance review, comp decision;
*Coordinate with other groups in Ops or relevant departments for best executions of responsible functions and planned tasks
*Lead planning/driving strategic changes or mandatory changes closely working with a Fixed Income Operations Head
*Ensure internal policy/rules as well as regulatory compliance is adhered to in the area of responsibility
*Ensure identified risks are adequately controlled by operational settlement risk mitigation actions
*Ensure quality client services are given to internal/external clients and actively involve in providing operational inputs for any new business opportunities

Requirements

*More than about 10+ years of FID Settlement experience (both on domestic and custody)
*Experience of managing about 5-8 people
*Good people leader
*Strong Client Centricity Mind-set
*Change/lean mind-set for efficiency increase and resolve root causes for identified issues
*Good understanding of both Domestic Income Products, and if possible loan background
*Control focus and understanding of regulatory requirements
*Ability to understand and address their issues & needs within the Operations team, other BO department members and the Business
*Strong problem solving skills

Additional Notes

Remuneration: Up to 20 Million JPY