Skill required: Trade Processing-Settlements - Fixed Income Derivatives
Designation: Capital Markets Operations Sr Analyst
Qualifications:BCom/CA Inter
Years of Experience:5 to 8 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
- Drafting, reviewing and managing the derivative agreements like ISDA Master Agreements, CSA & GMRA related confirmations.
- Co-ordinating with CPs, legal teams, traders, and compliance departments for confirmation negotiation and execution.
- Ensuring all confirmations complies with regulatory and internal policy requirements.
- Maintaining accurate records of executed agreements and tracking outstanding confirmations.
- Reviewing onboarding documents and supporting client due diligence process.
- Identifying and resolving confirmation discrepancies or legal issues by coordinating with FO/MO.
- Monitoring confirmation deadlines, renewals and amendments (i.e., counterparty is wrong or DB trade capture is wrong) 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.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. 6. Nostro & Depot Reconciliation Perform Nostro Reconciliation: Match bank account balances with expected cash movements. Perform Depot Reconciliation: Verify securities holdings with custodians and internal books. Investigate breaks and resolve discrepancies with finance and treasury teams. 7. Client & Internal Reporting Provide daily, weekly, and monthly reconciliation reports to stakeholders. Ensure timely updates on unresolved breaks and settlement risks. Respond to internal and external client queries regarding settlement mismatches. 8. Process Improvement & Automation Risk & Compliance Monitoring Regulatory Compliance. What are we looking for
- Results orientation
- Ability to handle disputes
- Strong analytical skills
- Problem-solving skills
- Detail orientation
- Drafting, reviewing and managing the derivative agreements like ISDA Master Agreements, CSA & GMRA related confirmations.
- Co-ordinating with CPs, legal teams, traders, and compliance departments for confirmation negotiation and execution.
- Ensuring all confirmations complies with regulatory and internal policy requirements.
- Maintaining accurate records of executed agreements and tracking outstanding confirmations.
- Reviewing onboarding documents and supporting client due diligence process.
- Identifying and resolving confirmation discrepancies or legal issues by coordinating with FO/MO.
- Supporting trade life cycle processes related to derivative transactions.
- Monitoring confirmation deadlines, renewals and amendments (i.e., counterparty is wrong or DB trade capture is wrong)
- Assisting in process improvement and confirmation standardization initiatives. Roles and Responsibilities:
- Drafting, reviewing and managing the derivative agreements like ISDA Master Agreements, CSA & GMRA related confirmations.
- Co-ordinating with CPs, legal teams, traders, and compliance departments for confirmation negotiation and execution.
- Ensuring all confirmations complies with regulatory and internal policy requirements.
- Maintaining accurate records of executed agreements and tracking outstanding confirmations.
- Reviewing onboarding documents and supporting client due diligence process.
- Identifying and resolving confirmation discrepancies or legal issues by coordinating with FO/MO.
- Supporting trade life cycle processes related to derivative transactions.
- Monitoring confirmation deadlines, renewals and amendments (i.e., counterparty is wrong or DB trade capture is wrong)
- Assisting in process improvement and confirmation standardization initiatives., BCom,CA Inter
