Derivatives - Officer (or AVP) Derivatives - Officer (or AVP) …

State Street
in Fukuoka, Fukuoka-ken, Japan
Permanent, Full time
Be the first to apply
State Street
in Fukuoka, Fukuoka-ken, Japan
Permanent, Full time
Be the first to apply
State Street
Derivatives - Officer (or AVP)
Major Responsibilities & Tasks
  • Leads and manages the assigned team and takes complete ownership for strategic initiatives
  • Responsible for the setting and achievement of specific team performance targets and objectives
  • Ensure that the team and department's projects and other strategic initiatives are effectively managed
  • Exercise operational oversight within the department and make sound operational decisions
  • Contribute to the development of the organisation in terms of financial planning, business strategy, service offerings and HR policies
  • Build and maintain strong relationships with internal & external clients
  • Cultivate a culture of collaboration within the team and across the business
  • Drive the implementation and adoption of new technology
  • Support the optimization of the operating model and capacity creation
  • Maintain managerial oversight of all operations within your team
  • Ensure the team is properly resourced to deliver high quality service
  • Monitor adherence with the corporate compliance and risk management policies and controls within the teams;
  • Conduct performance planning and reviews for direct staff members
  • Own all aspects of resource planning including succession planning, staff development and staff retention initiatives; promote cross training, resource sharing and job rotation across teams/departments; participate in the recruitment process
  • Active participation in forums across the business such as Town Halls, FLM forum, working groups, global inclusion committees
  • Constantly review the risks applicable to your area and ensure these are adequately mitigated through controls and BCP strategy
  • Identify and secure resources required by the department and ensure effective utilisation
  • Provide regular feedback to managers and other senior colleagues regarding the operations and business
  • Initiate and oversee tasks within a continuous improvement drive to ensure that the team and Department is efficient and seen as customer and quality driven
  • Ensure participation in the completion and implementation of department wide projects as required and lead local team initiatives

Job Requirements

Education and Experience
  • Bachelor degree or above
  • 10+ year experience in financial services and/or a back-office operations environment managing people and multiple functions
  • Domain specific experience is crucial with strong knowledge of Derivatives products; experienced in managing complex operations
  • Good leadership, negotiation and analytical skills, proven track record of efficiency creation, proven track record of staff development
    Experience / Qualification / Key Skills / Attributes
  • Excellent understanding of financial instruments and its workability / application
  • Strong interpersonal, oral and written communication skills; ability to effectively challenge and influence
  • Exceptional analytical and critical thinking abilities; strong attention to detail and ensures accuracy
  • Excellent administrative, organisational and business support skills, with the ability to multi-task and to work calmly under pressure.
  • Possesses ability to motivate and drive staff to achieve organisational and people goals
  • Possess excellent organisational, planning and co-ordination skills.
  • Ability to work accurately to tight deadlines
  • Proactive and able to work independently and as part of a team
  • Handle and resolve complex or unusual operational and managerial problems faced by the business unit
  • Ensure that procedures, policies and processes are adhered to so that a high quality service is delivered to the customer. Drive procedural changes to improve performance of the department or of related business areas
  • Maintain and develop expertise, demonstrating judgement and an understanding of the business
  • Experience of managing multi product / same product multi-functional environment within the same / similar Industry
  • Expert accounting knowledge in relation to different financial products
  • Be able to review inter process and inter resource variations to enhance the controls and improve the SLAs / KPIs
  • Engage the team to seek feedback on process improvements and champion end to end process improvement programs
  • Enforce and monitor adherence to the corporate compliance and risk management policies and controls within the fund group;
  • Financial Acumen: demonstrate good knowledge and understanding about financial markets; be able to interpret the market news and build up market knowledge of the staff
  • Ability to interpret technical views to enhance business outcome and impacts.
  • Drive and manage the business changes with respect to the process, people and stake owners
  • Act as a role model and be committed to model appropriate executive behavior at all times; consistently 'live' the organizational values.
  • Be able to prepare, interpret, analyze and present the data specific to business questions to the senior management
  • Interact with the home sites to clearly understand the local legal and statutory reporting requirements and direct the team with workarounds to produce the results