middle office_hyderabad

posted
contact
randstad india
position type
contract
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posted
location
hyderabad, telangana
function
Banking & finance
position type
contract
experience
5
reference number
65175
contact
randstad india

job description

middle office_hyderabad

KEY RESPONSIBILITIES / DUTIES:
 Match the Derivatives trades like Futures, Swaps, and Options and raise
discrepancies with appropriate internal parties and brokers.
 Research on discrepancies with trading desks, custodians and brokers to facilitate
timely and accurate settlement of trades.
 Match the margins with brokers and facilitate movement of margin between
broker and custodians.
 Support Collateral Management process by matching the collaterals with broker
and report excess/deficit collateral.
 Validating ETD Derivatives cash and positions
 Report and track fail trades with broker, custodian and communicate to
appropriate Internal teams.
 Proactively contribute ideas and participate in continuous improvement initiatives
 Process manual trades in Accounting systems as required
 Maintain and update documentation on Trade Processing global operational
procedures
 Perform User Acceptance Testing and rollout support on upgrade/enhancement of
applications used in the daily operation
 Maintain and update broker contact sheet and SSIsWORKING CONDITIONS:
 Staggering shift work is required on a rotational basis and as defined by manager
to provide global business coverage depending on project, assignment or daily
trade activity
 Normal office environment with little exposure to noise, dust and temperatures.
 Rotating support coverage is required for international markets that are open
during statutory holidays
 Participate in Business Recovery testing on an as-needed basis as defined by
manager
WORK EXPERIENCE / KNOWLEDGE:
 Sound knowledge of investment products globally is required
 Knowledge of Trade Life Cycle
 Must have a working knowledge of 0-2 years of experience in Investment
Industry A good understanding of the Derivatives Products (Futures, Swaps, Options) and
the confirmation and settlement processes for these instruments KEY RESPONSIBILITIES / DUTIES:
 Match the trades between company and Brokers and liaise with broker for
unconfirmed & mismatch of trades.
 Research on discrepancies with trading desks, custodians and brokers to facilitate
timely and accurate settlement of trades.
 Report and track fail trades with broker, custodian and communicate to
appropriate Internal teams.
 Capture performance of Brokers related to confirmation and settlement of trade
and produce Analysis report
 Proactively contribute ideas and participate in continuous improvement initiatives
 Process manual trades in Accounting systems as required
 Match the Derivatives trades like Futures, Swaps, and Options and raise
discrepancies with appropriate internal parties and brokers.
 Match the margins with brokers and facilitate movement of margin between
broker and custodians. Support Collateral Management process by matching the
collaterals with broker and report excess/deficit collateral.
 Maintain and update documentation on Trade Processing global operational
procedures
 Perform User Acceptance Testing and rollout support on upgrade/enhancement of
applications used in the daily operation
 Maintain and update broker, custodian contact sheet and SSI
 Serve as a mentor to Trade Admin I & II and provide support / cover for Team
Lead
 Build strong business relationship with internal departments we support
 Establish business relationship with vendors (e.g. Omgeo, Bloomberg,) and
application vendors (e.g. Eagle, BlackRock)
 Review the various task performed related to Trade Processing and Derivatives
and input of manual trades in systemsWORKING CONDITIONS: Staggering shift work is required on a rotational basis and as defined by manager
to provide global business coverage depending on project, assignment or daily
trade activity
 Normal office environment with little exposure to noise, dust and temperatures.
 Rotating support coverage is required for international markets that are open
during statutory holidays
 Participate in Business Recovery testing on an as-needed basis as defined by
manager
 Overtime, off hours support and travel may be required
WORK EXPERIENCE / KNOWLEDGE:
 Sound knowledge of investment products globally is required
 Knowledge of Trade Life Cycle
 Must have a working knowledge of 4-7 years of experience in Investment
Industry
 A good understanding of the Derivatives Products (Futures, Swaps, Options) and
the confirmation and settlement processes for these instruments
 Good knowledge of Fixed Income product and FI trade life cycle. 

skills

Derivatives, Reconciliation, Trade, Cash and position reconciliation, future, swaps, options, exchange trade derivatives, etd

qualification

Any