Skill required: Trade Processing-Settlements - Trade Finance
Designation: Capital Markets Operations Specialist
Qualifications:Any Graduation
Years of Experience:7 to 11 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song all powered by the world's largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do OVERALL PURPOSE OF JOB To oversee day to day operation, performance measurement, client management and people managementPROCESSESCreation of Client Investment Review and Portfolio View, Management of compliance document, Review of newly opened application forms, Trade Support, Collateral Management and Corporate ActionsFunctional Expertise: Minimum 10-13 years of experience in Pre matching, Inventory Mgmt, Trade Settlement or Trade exception mgmt, Reconciliations Knowledge of banking products like Equities, Fixed Income, Structured Products, Funds, FED securities, etc. is an advantage Knowledge of regulations like FINRA, OFAC regulations, CASS, CSDR, FEMA, Buy IN, OFAC regulations etc. Manages capacity, provides oversight, and serves as escalation point for analyst Review for accuracy and provide inputs Provides weekly/monthly/qtrly reporting Reconciliation & Exception Management Trade & Cash Reconciliation Reconcile daily trade settlements between internal systems, custodians, brokers, and clearing houses. Match executed trades with confirmations received from counterparties. Investigate and resolve trade breaks, ensuring accurate settlement. 2. Settlement Matching & Break Resolution Compare internal settlement records with external custodian and counterparty records. Identify and investigate unmatched or failed trades. Liaise with front office, middle office, custodians, and brokers to resolve breaks. Escalate unresolved issues to relevant stakeholders. 3. Cash & Securities Position Reconciliation Reconcile cash balances in client and firm accounts. Verify securities positions against depositories and custodians. Identify missing funds, incorrect allocations, or overdrafts. 4. Trade Fail Management & Exception Handling Monitor failed trades and identify the root cause (e.g., mismatched details, funding issues). Process trade amendments, cancellations, or rebooking as needed. Work with counterparties to ensure timely resolution and avoid penalties. 5. Regulatory & Compliance Reporting Ensure reconciliation processes comply with regulatory requirements (e.g., CSDR, SEC, MiFID II, Basel III). Support compliance teams with audit requirements and reporting. Maintain records of reconciliations for audit and regulatory checks.
What are we looking for Mandatory: Trade Settlements, Pre-matching, Analytical thinking, Regulatory awareness, Operational efficiency, Risk Management
- Graduation/Post graduation Trained(T) - Attended a training course on this skill and/or has had brief exposure to this skill. - Uses basic terminology in regard to the skill. - Recognizes and/or articulates basic concepts, facts, methods, techniques in day-to-day work experiences. Experienced (E) - Moderate exposure to this skill and related work experiences. - Can assist other team members with questions and problems related to this skill - Applies skill (at basic level to work situations, with some guidance. Skilled(S) - Extensive exposure to this skill and related work experiences. - Applies skill (at advanced level) to work situations with medium complexity, with little or no guidance. - May train and/or direct the work of others in application of skill. Expert(X) - Regarded as a center wide resource on this skill. - Applies detailed knowledge and skills to complex (or new) work situations in multiple settings. - Trains and/or directs work of other in complex facts, methods, and techniques related to the skill.
- Willing to work in night shifts (between 4pm IST to 4am IST) and 100% RTO
- Willing to work in Indian Holidays Roles and Responsibilities: Responsibilities/Authorities
- Ability to understand evaluate Capital Market and Banking product requirements
- Ability to understand business processes to verify controls are effective, mitigate risks, and suggest changes to control descriptions as needed.
- Analytically sound to take decisions on controls
- Ability to understand Complex Documentation and legal language
- Advanced Proficiency required in English Language to create documentation.
- Perform assignments/deals/tasks
- Should be able to take judgment calls and guide team members
- Attention to details to analyze Gaps in control
- Ability to review all written materials
- Should be a self-starter, motivated and highly energized individual to compete the complexity of the process
- Ability to interact with Clients on weekly calls and explain Issue Management process.
- Connect with team members on regular frequency
- Document all the discussion with team members
- Monthly one on one with scorecard discussion
