Job Description

Job Specification Position

Fixed Income Trade Support Level of position Analyst Division / Department Trading Operations – FID TSG Department and Group Overview  has been expanding its own fully-owned premier investment banking and sales & trading platform in India, providing a full range of investment banking, sales & trading, fixed income, commodities and derivative products, as well as research services. Client is continuing to build on this existing platform in India within the Trading Operations division to recognise and match the global needs of our clients. A successful applicant will be part of an exciting opportunity to work within a well established team responsible for supporting part of the Fixed Income TSG Business. The team will be responsible for elements of global middle office processes that are consolidated with  India. The group is structured to focus on independent control, risk and maintenance functions and each team member is assigned responsibility for a varied set of processes. The group will grow in size over time as more functions are migrated giving scope for future exposure to new processes, products and career progression. The team has reporting lines to the Global Head of Trading Operations as well as regional reporting lines to the regional functional risk and process owners.

Responsibilities

Scope and Purpose of the Role:

  • Perform the exception management on the external platform and ensure breaks are resolved with the help of the Global team. 
  • Perform the reconciliation between the internal risk system v/s external systems.
  •  Working with T/As and the Business Unit to resolve pre and post value date queries and trade amendments through communication with settlements teams Globally
  • Working with the financial controllers to resolve pre and post value date breaks between Risk and mainframe.
  • Reconciliation of Trader’s Risk products and positions to Firm books and records and investigation and resolution of breaks. 
  • The primarily function within the team is the completion of daily tasks, including (but not limited to): 
  • Confirming vanilla and complex rate-fixings with external counterparties via fax and email.
  • Responsibility for delivering a suite of management reports to a global audience and ensuring the breaks within these reports are correctly allocated.
  • Project work including the current global re-makes DDI-project.
  • The role involves building and maintaining relationships with the regional OTC Middle Office Teams, the Business Unit, IT and other operational support areas to ensure that controls are maintained and breaks are understood and resolved in a timely manner. Skills/Qualifications required 
  • Demonstrates strong interpersonal and communication skills
  • Highly committed and self motivated;
  • Experience of servicing and working for and with a global network of people. Required Competencies 
  • Demonstrates awareness of Control and Risk requirements through proven track record.
  • 1-2 years of previous trade support role experience with exposure to trade life cycles and process flows, reconciliation and control functions.
  • Networking skills and ability to work with global stakeholders 
  • Accuracy, attention to detail, good organisation skills 
  • Minimum Bachelor degree 
  • Strong numeracy and analytical skills 
  • Proficiency and fluency in communication and strong command over English
  • Solid knowledge of Microsoft Office, and/or other relevant applications Previous Experience Required 
  • Exposure to FID derivatives.
  • Demonstrates willingness to take ownership for role responsibilities;
  • High regard for attention to detail and accuracy;
  • Ability to work to tight deadlines;

Proactive in identifying process improvements; Development Opportunities This role provides an excellent opportunity to gain exposure to FID Derivative products in a demanding and challenging environment.

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