Global Banking & Markets-Synthetics Confirmations Ops-Analyst-Bengaluru

Global Banking & Markets-Synthetics Confirmations Ops-Analyst-Bengaluru

OPERATIONS 

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow. 

YOUR IMPACT 

We promote continuous learning by way of cross training and business engagement across the stack of functions in EQ product class. Your role will involve active partnership with the sales, trading, credit, legal and other operations teams which will be key to effectively manage the risk and business / client expectations for the trades we support. In addition to the responsibilities assigned to you, you will be encouraged to contribute ideas towards enhancement and streamlining the activities. You will also manage the team and will be role model for the people you are managing hence leading by example will be crucial for success in the role. 

OUR IMPACT 

The EQ Operations team manages Equities related trade confirmations and settlements work-flow. The team is responsible for ensuring all Equities OTC derivative deals are confirmed in a timely manner and settled. Partnership with multiple groups are key to effective risk management – teams ensure discrepancies are investigated and resolved by leveraging internal sales/trading , technology, legal, Middle office teams and external dealer / client backoffice contacts. The individual is required to be dynamic and client service oriented with high focus on risk and control. From an early stage, we develop and expect our people to think creatively and ‘outside the box’, as well as improving the daily process and taking responsibility and ownership for this to happen. The role also requires the ability to seamlessly switch between multiple activities and significant interaction with clients so communication will be a key asset. 

JOB SUMMARY AND RESPONSBILITIES 

• Follow up with counterparties on confirmations and settlements for Equity Derivatives transactions persistently until they have fully settled

• Co-ordinate with internal teams to ensure exceptions (trade breaks and discrepancies) are resolved

• Sound knowledge of basic accounting concepts (Ledgers/statements)

• Performed pos trade activities in their previous roles

• Experience in handling swift messages (202/103/199/299) 

• Become subject matter expert in the process

• Propose process improvement efficiencies

• Identify risks and share control ideas

• Be first point of contact for analysts in overseeing their daily functions and promptly report issues or concerns to team managers (VPs). 

PREFERRED SKILLS:

• Bachelor's degree

• Ability to adapt to new changes and new challenges

• Use best judgment to prioritize work flows and ensure deadlines are met

• Ability to forge strong relationships with colleagues and internal clients

• Team oriented and ability to lead a team of analysts with varying degrees of experience 

• Excellent written and verbal communication skills

• Proactive, self-motivated

• Prudent in escalating potential risk to the Firm