Cash Equity 0 To 2yrs Job in Rangam Infotech Pvt. Ltd.
Cash Equity 0 To 2yrs
- Mumbai, Maharashtra
- Not Disclosed
- Full-time
- Permanent
Designation - AnalystTimings 8 am to 6 pm to 1:30pm to 11:30pmSkills :Fluency in written and spoken English
- Experience with institutional equity trade support or settlements, preferably from a major global institution
- Product and operational knowledge in global cash equities (primarily), corporate actions, FX, listed derivatives, commodities, bonds, loans, swaps, derivatives, principal investments
- Risk awareness, willingness and propensity to probe, question, and escalate
- Process documentation
- High computer literacy required, moderate to high expertise with Excel (including creating macros) desired
Background on the Team
Clients Institutional Operations established a global equity trade support team in Mumbai, in 2009. Approximately 35 functions were transferred from the Institutional Equity Divisions trade support groups in New York, Baltimore, London, Glasgow, Hong Kong, Sydney and Tokyo.
The product scope includes primarily cash equities and also other products that are traded by equity trading desks around the world, including FX, listed derivatives, principal investments, bonds, loans, commodities, ETFs, swaps and derivatives. The supported trading desks include equity sector/core, electronic trading, program trading, emerging markets, and several Firm trading desks (internal hedge funds).
Core functions transferred to the Mumbai team includes:
- Trade processing exceptions
- Certain trade booking / amendments
- Position (trading account) reconciliation
- Position break flagging and categorization
- Settlement fails monitoring
- P&L break research
- Reference data maintenance
- Business process improvement
This is a great opportunity for highly talented and ambitious professionals to be part of the creation of the team.
We expect the team to meet and exceed the exacting standards for risk management, controls, and people management. The role requires very strong focus on risk, training, and people development, while offering great opportunities for personal learning and career growth. An analyst should have about 1 to 2 years experience in a similar set up and have sound knowledge of capital markets operations.
Primary Responsibilities
- An absolute focus on risk controls. The teams will be responsible for reconciling and accurately representing traders positions. The tolerance for error or delay is very low to zero.
- Hire and train the best people we can find in the market
- Ensure timely, accurate, and complete communications between the Mumbai team and trade support groups and other operations/finance/IT/business teams in the various offices
- Learn Clients businesses, organization, procedures, controls, systems, and staff management practices, as rapidly and thoroughly as possible
- Improve business processes to strengthen controls, communications, and improve efficiency
Skills required (essential)
- Experience with institutional equity trade support or settlements, preferably from a major global institution
- Product and operational knowledge in global cash equities (primarily), corporate actions, FX, listed derivatives, commodities, bonds, loans, swaps, derivatives, principal investments
- Risk awareness, willingness and propensity to probe, question, and escalate
- Process documentation
- Excellent communication skills including fluent spoken and written English required
- High computer literacy required, moderate to high expertise with Excel (including creating macros) desired
- Organizational skills
- Excellent attention to detail, problem solving skills and excellent judgment
- Takes ownership of issues is methodical and ensures resolution
- Has proven ability to interact with multiple internal and external functions
Fresher
2 - 4 Hires