Hiring For Derivates Trade settlement on Pune@
- Persolkelly India
- 3 - 7 years
- Pune
- 5 years ago
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Job Description
Roles and Responsibilities
- Dear candidate,
- Pre and Post settlement for OTC Derivative trades
- Develop and manage operational relationships with our clients through pro-active reconciliation of pre-settlement and post-settlement of payments/receipts with each client.
- Key Accountabilities
- Assist the Asst. Manager/AVP in the running of the daily BAU functions, including:
- Acting as the escalation point for B2/B3
- Conducting training with junior members of staff and new joiners
- Taking the lead in UAT for departmental initiatives and projects and proactively suggest system enhancements to improve team efficiency
- Pre-confirm Derivatives settlements with internal and external counterparties
- Source and request for SSI setup / amend of clients
- Perform matching of statements against ledgers
- Investigate Nostro breaks where ledgers/statements are unmatched
- Stakeholder Management and Leadership
- Responsible for the effective management and resolution of discrepancies in relation to payments and receipts with clients,. Role involves:
- Acting as the first point of contact for Premier clients. Use extensive knowledge of derivatives and the function as a whole to ensure exceptional client service is provided to the firms high value, or sensitive clients.
- Professional communication with thorough and detailed explanation to clients via e-mail or phone
- Fostering excellent working relationship with internal counterparts (i.e. Desk, Sales team, Trade Support, Confirmations , Legal, Finance). Ability to negotiate effectively with all internal parties to ensure the team receives the necessary support to achieve its goals.
- Exercising strong judgement skills to make the necessary decisions to address client queries and ensuring all high-priority queries are escalated to the management immediately
- Uphold the controls and procedures for the team, and highlight any control gaps identified to management to ensure that these are reviewed and addressed as necessary.
- Prepare Local and Global MIS for distribution to management
- Proactively cross train on all functions performed within the team and across the department to gain an in-depth understanding of the derivative products and processes in order to drive synergies within Post Trade Services.
- Initiate process improvements within the team to drive efficiency and cost savings:
- Strong analytical skills required to perform complex analysis on the volumes and process flow to identify the root cause.
- Suggest innovative solutions to improve efficiency and provide the AVP with a detailed breakdown to quantify the time/ headcount savings from the initiative
- Act as the key point of contact with stakeholders (i.e. Technology, Change Manager, Team AVP) in order to implement change
- Decision-making and Problem Solving
- Highly organized and structured
- Ability to multi-task and execute tasks with a sense of urgency and with ultimate goal of delivering tasks on time
- Able to work independently on tasked assignments, and provide regular updates as and when required
- Proactive in execution of priorities and goals
- Strong Analytical skills
- Risk and Control Objective [This section is mandatory for all role profiles and must not be deleted]
- - Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards
- Person Specification
- Personal attributes essential to performing role including competencies, expertise, knowledge, and experience. Note: experience requirements must not be in the form of years (minimum or otherwise).
- Essential Skills/Basic Qualifications:
- Degree educated with 4-5 years experience in an OTC Derivatives environment.
- Extensive technical knowledge of the derivative products within remit
- Strong understanding of the end-to-end processes in the Confirmations and/or Settlements area
- Experience gained in High Volume House and client service environment.
- Strong knowledge of Microsoft Excel
- Strong communication and negotiation skills in order to manage the relationship with Premier clients, fluent in English.
- Highly numerate with analytical problem solving ability.
- Results Driven.
- Commitment and loyalty to the brand.
- Self Starter / Ambitious.
- Willingness to take on responsibility.
- Confidence to deal with both external and internal clients.
- If Interested please share your resume to this em*****************r@Pe********y.com
- Regards,
- Nithya
- 9740270***
Job Classification
Industry: BankingFunctional Area: Financial Services, Banking, Investments, Insurance, Role Category: Financial Services/Stock BrokingRole: Financial Services/Stock BrokingEmployement Type: ContractEducation
Under Graduation: Any Graduate in Any SpecializationPost Graduation: Any Postgraduate in Any SpecializationDoctorate: Any Doctorate in Any SpecializationContact Details:
Company: PERSOLKELLY INDIA PRIVATE LIMITEDLocation(s): Pune+ View Contact
Keyskills: Change Management Middle Office Investment Banking Finance post settlement Trade Finance Derivatives Risk Management Trade Support pre settlement Nostro Working Capital Trade Settlements Settlements OTC
Fraud Alert to job seekers!
₹ 4,00,000 - 8,50,000 P.A
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