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Open nowPosted yesterday

26996420 Head of OTC Derivatives Settlements and Margin Production Support

MyCareersFuture94,028 open roles

Pay
SGD 16,000 – SGD 22,000 a Monthly
Where
East, Singapore
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Your applicationOpen now26996420 Head of OTC Derivatives Settlements and Margin Production SupportMyCareersFuture · East, Singapore
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This job: posted yesterday

The posting

The Apps Support Group Manager is accountable for management of complex/critical/large professional disciplinary areas. Leads and directs a team of professionals. Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function. Applies in-depth understanding of the business impact of technical contributions. Strong commercial awareness is a necessity. Generally accountable for delivery of a full range of services to one or more businesses/ geographic regions. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary. Accountable for the end results of an area. Exercises control over resources, policy formulation and planning. Primarily affects a sub-function. Involved in short- to medium-term planning of actions and resources for own area. Full management responsibility of a team or multiple teams, including management of people, budget and planning, to include performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval.

Responsibilities:

  • Manage OTC Derivatives and MONET stakeholders globally servicing the Markets Operations business.
  • Operate as the Asia lead and single point of escalations for MO and BO stakeholders in the region for Markets Operations Tech Applications during the ASIA time zone
  • Demonstrates an in-depth understanding of how apps support integrates within the overall technology function to achieve objectives; requires a good understanding of the industry.
  • Vendor relationship management including oversight for all offshore managed service.
  • Improve the service level the team provides to our end users, which includes maximizing operational efficiencies, strengthening incident management, problem management and knowledge sharing practices.
  • Guide development teams on application stability and supportability improvements.
  • Formulate and implement a framework for managing capacity, throughput and latency.
  • Define and implemented application on-boarding guidelines and standards.
  • Work with various team members on coaching them on how to maximize their potential, work better in a highly integrated team environment and focus on bringing out their strengths.
  • Drives continued cost reductions and efficiencies across the portfolios supported by means of Root Cause Analysis reviews, Knowledge management, Performance tuning, and user training
  • Evaluates subordinates' performance and makes decisions on pay increases, hiring, terminations and other personnel actions.
  • Participates in business review meetings, relating technology tools strategies to business requirements.
  • Assures adherence to all support process and tool standards and work with Management to create new and/or enhance processes to ensure consistency and quality in “best practices” across the overall support program
  • Influences and negotiates with senior leaders (across functions); may communicate with external parties
  • Management responsibility for a team or multiple teams, including management of people, budget and planning, performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval.
  • Performs other duties and functions as assigned
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

  • 12+ years relevant experience in supporting Capital Markets, Derivatives Settlements, Margining platforms.
  • Ability to thrive in a crisis and operate with clarity of owner vs task vs outcome and restore application services to normalcy and mitigate client impacts
  • Ability to influence large technology and support teams without direct/managerial control and attain franchise goals.
  • Proven track record of building a strong global team with clear talent pipeline and progression strategy
  • Senior to advanced level experience in an Apps Support role with commensurate experience in people management.
  • Experience of senior stakeholder management
  • Project management with demonstrable results in improving IT services
  • Capacity Planning/Forecasting exposure a plus
  • Effectively share information with other support team members and with other technology teams
  • Ability to plan and organize workload
  • Consistently demonstrates clear and concise written and verbal communication skills
  • Executive communication - Ability to influence and assertively communicate with stakeholders at MD & D levels on a daily basis

Education:

Bachelor’s/University degree, Master’s degree preferred

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