Manager/Senior Manager - Middle Office Operations - Investment Banking

Openings for Manager and Sr. Manager - Investment Banking MO in Delhi

One of our leading clients in Delhi is looking for Manager and Sr. Manager Role who has strong work experience in Investment banking Middle office Operations.

Job Details :

Designation : Manager/ Senior Manager

Experience : 8 - 12 yrs.

People Management : At least 3 Yrs.

Skill set : Experience in Structured Trade Review

Shift : General

Location : Delhi / NCR

Job Description :

- The process involves performing large data set queries (data mining), prepare exception reporting and trending.

- Understanding the trade booking and trade amendments, analyse and review the Trades Vanilla which are cancelled or edited/corrected. This process will help the Middle Office function to enhance controls (audit finding and regulatory requirement) for cancelled/amended trades and publish exception reporting across asset classes and regions

- Understand how the trades for various assets Exotic lasses have been booked

- Input into management information around cancelled/amended trades and review metrics, which are regularly produced and submitted to senior middle office management, trading desks, auditors and regulators

- Investigate and resolve breaks / queries from clients, counterparties, Front Office and Back Office

- Answering cancel/edit related queries from various groups.

- Review any subsequent trade amendments that have been done post initial review, to ensure that the trade accurately reflects the agreed / revised terms

- It is essential that potential candidates have a high level of attention to detail and a good grasp of the Domain understanding to review the conditions set out in the documentation. The candidate will need be aware of different, potential scenarios that a trade is cancelled or edited

- The candidate will need to understand how the trade is being risk managed and to review the booking within the context of booking policies. This will form part of monitoring and control process.

- Have good data mining (working with large set of data, querying data using SQL queries, VBA scripts. Should have good advanced MS-excel expertise. SQL and VBA queries writing or trouble shooting will be desired.

Core Skills & Requirements :

Essential :

- Minimum of 48 - 60 months experience in a trade support or operations function for OTC derivative products with a total experience of 8+ years

- Good Understanding of Investment Banking Products from a Middle Office or Back Office background.

- Strong communication skills across all levels of seniority especially with the Trading desk.

- Proven analytical skills including data reconciliation and interpretation

- Excellent client service mentality and approach.

- Ability to work autonomously and deliver results in a high pressured environment

- Logical approach to problem solving and ability to prioritize multiple tasks

- Strong attention to detail and accuracy

- Ability to identify and deliver process improvements.

- Demonstrate good Excel skills (macros, formulas)