Trade and/or Transaction Analyst

Title: Trade and/or Transaction Analyst

Location: Pune

Note:

. Specific/ mandatory skills: - Expecting candidate to have knowledge about Derivative product. Interest Rates Derivative knowledge will be added advantage.

. Experience range: - 1 to 5 years

. Open to considering fresher candidates (Yes/No): - No

. Open to considering relocation/ non-local candidates (Yes/No): - No

. Contract duration: - 8 Months

. Shift timings: - 1.30 PM IST to 10.30 PM IST

. Number of days work from office: - 3 Days from office

. Preference of hiring only diversity candidates (Yes/No): - No

Description

This role is part of the Trading assistants which require the trade/risk to be captured on T0 basis. Critical task which involves constant interaction with the Trading Desk and Risk and PnL teams, Docs / Setts to ensure all the trades blottered by the desk are taken into risk for the day. This is role is to perform middle office functions during US hours.

Responsibilities:

. Person is responsible for Middle Office Trade Capture function involving booking of trades on T0 basis.

. Following up with Traders, Sales, Brokers, and clients to ensure accurate capturing of the risk

. Liaison with Front Office / Docs / Settlements and ensuring exceptions are resolved in a timely manner

. Share knowledge and provide approp riate training, guidance or coaching for the team.

People Management:

. Resolving all inter-company breaks / system Reconciliation (FOBO) to ensure risk is not impacted for the traders.

. Supporting Front Office along the entire trade lifecycle of the derivatives trade.

. Work with T+1 P&L teams to resolve any accounting differences from T0 P&L reporting

. Understanding F2B system / process flow, streamlining and engineering processes to bring efficiencies

. Complete ad hoc requests and projects for trading desk

. Monitor and escalate any Trade Capture issues that could potentially result in regulatory escalations for the bank.

. Should have strong knowledge on OTC derivatives trade life cycle preferably on Rates and Foreign Exchange Derivative products.

. Responsible for the production deliverables and management of the daily trade capture in a timely manner, ensuring daily reconciliation and query resolution as required.

. Reviews any exceptions raised by the team and/or escalated by the supervisor

. Adherence to Control standards and procedures and ensuring that there are no lapses or gaps in control.

. Ensure compliance to LOA.

. Ensure EOD controls

. Demonstrate a proactive approach to all activities and create the environment for others to emulate this behaviour.

. Resource actively supports business strategy, plans and values, contributing to the achievement of team and department objectives.

. Collaborate with interlocks or interdependencies for smooth function of activities.

Experience/ Exposure

. Should have strong knowledge on derivative products - Rates, Foreign Exchange

. Need to have basic understanding of trade life cycle.

. Should be able to independently deliver on all organization mandates

. Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.

. Ability to effectively maintain, coordinate, prioritize multiple tasks and projects.

. Must be prepared to work in a shift supporting US business hours.

. Self-starter with ability to take things to their logical end.

Education/ Qualifications

. Graduate with strong knowledge on derivative products.