About The Client: Leaders in specialist recruitment and workforce solutions, offering advisory services such as learning and skill development, career transitions and employer brand positioning. As the Leadership Partner to our customers, we invest in lifelong partnerships that empower people and businesses to succeed. We help you achieve your career goals and deliver your business needs by combining meaningful innovation with our global scale and insights. Last year we helped over 280,000 people find their next career. Join the millions of people around the world that our specialist recruitment consultants provide with up-to-date information on career options, interesting insights and specific industry trends. We help our customers define and implement strategies to create inclusive and equitable workplaces. Through harnessing and analysing data, we support business decision making and advise on how to access Talent Networks. We also assist in identifying attractive employer propositions by truly understanding a company's identity, and support clients with all aspects of their Early Careers proposition, from strategic planning through to operational execution. Hays is the market leader in the UK and Asia Pacific and one of the market leaders in Continental Europe and Latin America. The c.12,800 people we employ around the world partner with clients and candidates to power the world of work. Every day our expert consultants help thousands of candidates find their next role, and they also help clients reshape workforces and deal with talent shortages. In the year to 30 June 2021, we placed 77,000 people in permanent jobs and 244,000 people into temporary roles.
About The Job:
Prime Brokerage Operations in Glasgow supports both the Prime Brokerage (NY) and International Prime Brokerage (LN) Business Units, across both Equity and Fixed Income products.
It is a hugely diverse and dynamic department covering a wide range of functions/responsibilities from trade capture and clearance through to settlements and reconciliations.
The teams liaise with various internal and external counterparties on a daily basis, including the business units, hedge fund clients, brokers, stock loan, controls, corporate actions, network management and settlements. It is a high risk, exciting environment where the teams have to work to tight deadlines, which are both client and market driven.
As the demands of hedge funds have evolved, so too have services provided by the Prime Broker.
Today, Brokerage Prime Brokerage supports clients across a wide range of trading strategies from the more traditional equity long/short to credit strategies where the fund manager is trading credit default swaps, index futures and global distressed debt.
The candidate will need to work closely with Global Stakeholders including the Prime Brokerage Desk Assistant teams, Prematch and Fails, the Business Units and senior management across the firm.
Essential Job Functions:
Liaising/communicating with Global stakeholders and various operational groups
Identification and timely escalation of risk items to management
Planning and organizing of project, initiatives and team testing
Providing reporting /information to management and key stakeholders
Ensuring procedures are implemented, are accurate, relevant and complied with across the team
Proactively contribute towards the drive to improve process efficiency through root cause analysis
Qualifications: Skills required (essential)
Candidate should have a strong background in Financial Services within Operations
Ability to manage and priorities workload and work to deadlines
Proactive & flexible team player
Strong verbal and written communication skills
The ability to understand, interpret and map complicated process flows
The utilization of analytical and investigative skills to a successful conclusion
An understanding of risk management and escalation
The ability to establish and build effective working relationships with local and global colleagues
Experience preparing team procedures and assessing/implementing team controls
Skills desired
Knowledge of the full Cash payment process & Trade flow from Execution to settlement for the market & the client
Strong background in Financial Services within Operations
Proven track record of successful project implementation
Client Service Experience & management
Experience of costing models based on exception management
Years of exp -3 years
Shift timing - EMEA shift
WFO/Hybrid - Hybrid
Must have skillset - Cash wire knowledge on MT and MX swifts.ISO20022 knowledge.
Good to have skillset - Analytical, Attention to detail, Excel, Alteryx, UI Path
How to Apply: Interested candidates are encouraged to respond/submit their updated resumes, and for additional job opportunities, please visit Jobs In India - VARITE.
Unlock Rewards: Refer Candidates and Earn. If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the referred candidate completes a three-month assignment with VARITE.
Experience Level Bonus Referral:0-2 yearsINR 5,0002-6 yearsINR 7,5006+ yearsINR 10,000 About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.
Equal Opportunity Employer: VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status.
