Financial Markets-senior Analyst- Derivative Operations - Confirmations Job in Eclerx

Description

Financial Markets- Confirmations- Senior Analyst
India |Full-time (FT)|Financial Markets

Shift Timings: EMEA (1 p.m. to 10 p.m.) | Management Level: Senior Analyst | Travel Requirements: NA

Specialism Confirmations

As part of our Confirmations team, you will be working with our client partners to improve processes and controls that build capacity and scale. Your role will be to execute process functions and liaise with Middle office and back office operations, Equity, Drafting, Affirmations, OTC, Chasing and equity documentation. Supporting managers in handling daily issues and assume the role of a process SME. Handling and resolving queries related to trade settlement and confirmation by the data provided to you by the front office and back office operations.

The ideal candidate must possess strong communication skills, with an ability to listen and comprehend information and share it with all the key stakeholders, highlighting opportunities for improvement and concerns, if any. He/she must be able to work collaboratively with teams to execute tasks within defined timeframes while maintaining high quality standards and superior service levels. The ability to take proactive actions and willingness to take up responsibility beyond the assigned work area is a plus.

The ideal candidate should possess strong business understanding of finance industry with special focus on Trade lifecycle, Confirmations, middle office and back office work, Vanilla Swaps ( Share Basket, Custom Basket, Index, Stub Swaps), Options ( Barrier, Share, Index, Custom Basket, Dividend, Corporate Actions), Structures PTE( KO, KI, upsize, down size, corporate actions) He/she should be good with numbers and ability to derive information from data with excellent multi-tasking and creative problem solving. He/she should have strong capabilities in PowerPoint, MS Word and MS Excel and should be able to build domain expertise and lead from the front with the ability to work under pressure, handle multiple priorities and work as part of the team.

Confirmations- Senior Analyst Responsibilities

• Responsible for managing multiple Middle Office and Regulatory support processes.

• Independently managing middle / back office operations for Investment Banks.

• Preferable relevant work experience in similar domain (Swap Data Repository Reconciliation) and team management skills.

• Independently handle multiple clients establish self as a valued partner

• Build domain expertise across processes supported, assist in speedy remediation of issues, implement process improvements and build / enhance controls to prevent future escalations

• Participate in Middle Office / group level initiatives

• Responsible for ensuring Change Management and Process documentation is maintained in an updated fashion at all times

• Collaborate with Quality team in identifying process gaps, in planning end to end fixes and in leading execution to meet six sigma Quality.

• Help knowledge management endeavour by sharing process knowledge and best practices within and across teams

• Minimize program dependence on self and other key members.

• Review and analyse trade data between risk and finance systems

• Check forcompleteness, accuracy and consistency to identify the set of genuine breaks

• Investigate the genuine breaks for root cause and facilitate resolution and decision support, wherever necessary

• Provide support on the change and new business requests received from various RFDAR/non-RFDAR teams by assessing the business requirements, performing testing, providing SME support

• Apply data normalization methods such as filtering, standardization, enrichment, aggregation

• Lead discussions with the internal teams to highlight breaks

• Lead and take appropriate action post liaising with the respective stakeholder

• Create reports / metrics / analysis to cover the Daily / Weekly / Monthly requests

• Mailbox Management / Queue Management

• Build domain expertise

Minimum Qualifications

• Graduation (B.Com., BBA, BBM, BCA) / Post Graduation (M.Com., MBA, PGDM)

• 2 to 4 years of experience in Confirmations, Portfolio management, Settlements or equity.

• Should have basic knowledge of finance, trade life cycle, investment banking, and derivatives.

• High levels of energy enthusiasm, commitment and productivity, Proactive, effective influencer, result oriented.

• Should be good with logical and quantitative abilities to derive information from data.

• Time management and ability to resolve for issues speedily.

• Above average in planning, organizing and time management.

Preferred Qualifications

• Ability to manage and complete specific tasks with minimal direction

• Should be able to act fast and decisively when dealing with critical situations ability to read situations and act in minutes

• Willingness to continuously learn, upgrade skills and stay relevant to business demands

• Excellent interpersonal skills ability to network and earn confidence of diverse Client personnel plus interaction with and management of eClerx India based operations team.

eClerx provides critical business operations services to over fifty global Fortune 500 clients, including some of the world s leading companies across financial services, cable & telecom, retail, fashion, media & entertainment, manufacturing, travel & leisure, software, and high-tech. Incorporated in 2000, eClerx is one of India s leading process management and data analytics companies and is today traded on both the Bombay and National Stock Exchanges of India. eClerx employs 9,500-plus people across its global sites in the US, UK, India, Italy, Germany, Singapore, Thailand.

For financial organizations across the world, eClerx Markets offers consulting, technological innovation, and process management expertise to uniquely solve operational challenges. With nearly two decades of industry experience complemented by the application of smart automation and robotics, our team of experts deliver holistic solutions across the trade life cycle, change management, data analytics, compliance, cash securities operations, document digitization and generation, and outreach.

eClerx is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, or any other legally protected basis, per applicable law.