Trade And Transaction Operator Jobs in Bangalore - DBOI Global Services Pvt. Ltd
Trade And Transaction Operator
DBOI Global Services Pvt. Ltd
Expired
Posted: 28 Apr 20
Job Description
Trade And Transaction Operator, AS
DBOI Global Services Pvt. Ltd
2 - 5 years
Bengaluru
Role Responsibilities
- Perform cash payments functions to support Global Prime Finance business in APACMonitor and confirm incoming funds for timely settlement in compliance with market practice
- Investigate and follow up on irregularities in cash payment instructions
- Closely work with Risk Team, Middle Office and Front Office to push payments from their queue and assist in resolving payment issues and exceptional items
- Handle client queries including ad-hoc queries via phone and email
- Pro-actively chase counterparties and relevant groups in resolving non receipt of funds or payment issues and trade settlements issues.
- Understand the importance of managing issues and escalations
- Perform counterparties SSI, Trade amendments and FX Bookings
- Ensure prepare the smooth settlements with Market (JSCC) and client / affiliate trades.
- Change the priority of the settlementArrange for stock borrow to avoid the fail to deliver the stock to the client
- Calculating confirming collateral balance of SBL and General Margin trades
- Ensuring preparing the smooth settlement of market trades and client / affiliate trades
- Liaise with relevant teams for settlement inquiries relating to SBL equity transactions
- Communicating with external/internal clientsCreating sending various reports to on-shore units
- Calculate mark-to-market (MTM) payments and receiptsInvestigate discrepancies found when reconciling ledgers
- Where the role has people management responsibilities:Should be a team player
- Flexible with shifts and be ready to take on additional responsibilities when needed.
Experience/Exposure
- The Ideal candidate should have a university degree or equivalent with 7+ years of Investment Banking operations experience of which at least 5 years of experience in Equity Settlements in a senior role managing APAC settlements
- Should have strong knowledge of trade life cycle and good understanding of Equities product and Business and Asian market nuancesStrong analytical skills, eye for detail
- Ability to identify and develop strong working relationship with both internal and external groups
- Very good verbal and written articulation/communication
- Service leadership with clients and assertiveness where required with an ability to manage client perception
- The ideal candidate should have hands on Experience in Trade settlements and should have managed Trade operations in the past, preferably for Asian markets.
- Should have strong knowledge of trade life cycle and market nuances.Good knowledge on various financial products like Cash Equities, Prime finance, Stock Borrow loan settlements etc.
- Basic understanding of Conversions, Corporate actions and Securities static data
- Proficient in MS office with specific concentration on MS Excel
- Good analytical skills and trouble shooting skills
- Good understanding of Global Markets, Regulations associated risks
Education/Certification
- Minimum qualification required is Graduate
- FINRA Series 99 certification will be an added advantage for operations lead.
Job Particulars
Role others
Education Any Post Graduate, Any Graduate
Who can apply Experienced (2 to 3 Years)
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id920910
Job Category Others
Locality Address
State Karnataka
Country India
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