TL/AM - OTC Product Control Operations - Investment Bank

One of our clients a leading Investment Bank in Delhi/Gurgaon is looking SME,Team leader and Assistant manager with 3 - 9 years strong work experience in Product Control Operations.

Designation: SME / Team leader / AM

Location: Gurgaon

Qualification: Preference is a Finance or Mathematics related degree [e.g. Bachelor of Mgmt Studies (BMS) or Bachelor of Commerce (BCom) ] and CGPA - 60%

Experience: 8+ years Finance or Product Control (Candidate should have a keen interest in the Equity product set with a good understanding of the products used (see above) and their pricing)

Management skills - Personnel & Process: The right individual will have strong people skills and can multi-task to manage the challenges of Middle Office processes and personnel on an independent basis yet have the awareness to escalate potential issues to management in a timely manner

Job description:

- Middle Office (MO) seeks to provide first-class support service to its various internal clients with a particular focus on the relationship between trading risk positions and P&L components. We are looking to recruit an individual to work in the Equity P&L production area.

Primary products covered will include: OTC,Fixed Income, Derivatives (Swaps & Futures) and FX (Spot, Fwd, NDF)

- Perform Front to Back Reconciliation between trading system and subledger for Rates & Currencies trading performed Globally

- Ensure transactions flow to the Subledger accurately and in a timely manner

- Work closely with teams in Front/Middle/Back office to evaluate risks and resolve downstream failure of transactions

- Support the Trading Desk with any questions related to P&L

- Provide daily and weekly reporting on P&L activities to internal clients

- Work proactively to create more effective Reconciliation Systems and enhance processes for improved efficiency and control

- Manage ad-hoc projects and liaise with internal counterparts in different regions

- Opportunity to lead a team, mentor junior staff and oversee their day-to-day functions.

Competencies:

- Effective communication skills with English proficiency

- Excellent client service mentality and approach

- Demonstrated ability to work in a high pressure environment

- Takes initiative and challenges existing processes and procedures in a proactive manner

- Strong team player

- Ability to analyze issues independently and derive solutions

- Inherent sense of principles of control through experience and sound judgment

- Persistent, reliable and mature

- Good system skills with ability to learn front-end platforms

- Strategic thinker who can be creative and innovate

- Intense work ethic with history of proven strong delivery

- Strong adaptability skills to navigate a large organization to keep the focus on delivering for the business and client while minimizing time spent on low value additive activities