Posted By
Posted in
Banking & Finance
Job Code
814065
Please Note: OTC/ ETD clearing process with GMI or Clearvision is PREFERRED.
Job Description
Job Profile
The main function of the role is the management of trade processing, exceptions and reconciliation functions for OTC Clearing business. This currently cover CDS and IRS Asset Classes.
OTC Clearing is a major market initiative and a key component of the Rates, Credit Markets and strategic architecture for the future. The Client Service we provide to our OTC Clearing Clients (internal and external) is pivotal to our growing success in this space, with focus on this as an area of strength in our Global team.
Specifically:
1. Provide clearing trade support for the Front Office, clients and other operational and infrastructures areas, such as Risk and Collateral Management, in relation to the OTC Clearing business.
Role / Main accountability
The main duties involve managing the On-boarding of Clients, Trade Capture and downstream processing of our OTC Clearing trading business. The individual will have responsibility for ensuring our trades are reflected accurately in a number of in-house and external market systems such as Marketwise, ICE and CME
The individual will be responsible for liaising with our Internal clients and Clearing teams in Singapore, London and NY, ensuring timely processing and affirmation of trades. In addition to this function, the individual provide support to the following functions:
- OTC Clearing regulatory metrics and MIS (required on day of execution)
- Processing of Netting requests and ensuring accurate and timely responses to our OTC Clearing clients.
- Preparation of solutions to both improve the currents processes and controls around breaks and other activities
- Working directly and communicating status/next steps to global counterpart to ensure as seamless handover at the end of the day
The individual will monitor daily and historic portfolio of our business ensuring trade reconciliations are accurate and that any exceptions are resolved in a timely fashion. They will liaise with Global Clearing teams to ensure consolidated global approach.
In line with the main objectives of the Operations division, the individual will be responsible for helping to maintain the control and risk management of the business, ensuring that control processes are adhered to, and that control gaps are identified and mitigated accordingly.
Please acknowledge the mail that you are interested in and feel free to call me for any query regarding the same.
Priya S Jha
Credence HR Services
Mobile No.: +91-9930930883
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Posted By
Posted in
Banking & Finance
Job Code
814065