Deputy Manager Fmr Fx Middle Office

Year    Chennai, Tamil Nadu, India

Job Description


About Us

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to over 19,800 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of 4.8 million farmers. Through our purpose to \'Re-imagine Global Agriculture and Food Systems\', Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders. Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

Olam Information Services (OISL) is a captive subsidiary of Olam International, Singapore offering IT Services & Global Business Services across its operations in 65 countries in Asia, Africa, EU & Americas. In Chennai, we currently have onboard more than 1000 highly motivated employees. Olam Digital has received International Innovation Award 2019 for Best Services and Solutions.

Olam Global Business Services (OGBS) is a captive unit that offers End to End business process and analytics solutions. OGBS currently offers its solutions in 6 Platforms: Finance, Supply Chain, People services, Risk & Market Compliance, Big Data Analytics and Business Intelligence. At this moment, OGBS is located in City of Chennai, India and provides its services to over 20 countries. Olam GBS has received Best Shared Services in India Award - 2019, by Shared Services Forum and Asia\'s No.1 Shared Services in Process Improvement and Value Creation, 2019 by Shared Services and Outsourcing Network Forum.

Job Summary

The incumbent is expected to perform variety of FX Middle office and Back office senior roles including Monitoring and ensuring smooth Transitions, identifying offshorable opportunities from Origins, effective & efficient People management, Governance calls with Treasury and FX heads, streamlining the processes using Simplification, Automation and other Operational excellence principles, supporting for adhoc requests from various stakeholders


  • Day to day risk management - Risk manage workflows for FX OTC transactions, Resolution and escalation of all client disputes and queries
  • Effectively contribute to and drive global / local strategic initiatives - always pushing for incremental improvements
  • Partner with internal teams - Sales, Trading, Credit, Technology and other operations teams for commercial impact and betterment of client service
  • Drive process transitions & related governance and ensure proper Knowledge transfer has been acquired with smooth Go live of offshored processes.
  • Projects and initiatives management and participation within the team and across regions
  • Pro-actively work with external clients and other dealers to resolve recurring issues and streamline suboptimal settlement workflows
  • Design and initiate process improvements with good understanding of the teams\' processes and controls
  • Inspire and guide / coach team members on career progression
  • Ensure adherence to Timeline and Accuracy SLAs and meet deadlines.
  • Identify opportunity for offshoring process
Profile Description
  • Minimum 8 years of experience in Currency / FX Operations OR any other workflow in any OTC Derivative products
  • Should be a self-starter and be able to manage critical business transformation projects independently
  • Good communication and interpersonal skills; ability to manage multiple stakeholders - to be able to handle stakeholder from multiple geographies
  • Willingness to travel (for shorter duration and during transitions), flexibility to stretch during month-end/year-end closures, excellent analytical capabilities and ability to manage a team of 10-12 members are all essential attributes.
Olam is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, nationality, disability, protected veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law.

Applicants are requested to complete all required steps in the application process including providing a resume/CV in order to be considered for open roles.

Olam

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Job Detail

  • Job Id
    JD3004211
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year