JOB DESCRIPTION
Middle Office Operations
Job Location - Mumbai
Work Mode - Hybrid
Shift - Night Shift
Department - Fund Services
Introduction:
Middle Office Team is responsible for confirmation, settlement, collateral, and wire processing post execution of trades including for listed and OTC securities. Job requires to communicate with various stakeholders, working closely with Traders, Portfolio Managers, Portfolio Administrators, trade support teams, Custodians and Brokers as part of middle office coverage. Job would also require analyzing and understand settlement risks across markets.
Your responsibilities:
- Job requires to fully understand trade life cycle and trade economics especially for OTC trades.
- Expected to have good understanding of settlements (Fails management, Pre-matching & Depot/Nostro reconciliation) process, Swift formats.
- It is prudent to ensure timely settlement of trades to avoid settlement delay costs.
- To have good understanding of Bilateral and triparty collateral, VM and IA calculations
- To have good understanding of documents like ISDA, CSA, Control agreement etc.
- Able to make recommendations on process improvements and control enhancements.
- Expected to hold good working relationships with all stakeholders.
- Resolve all queries and exceptions in relation with relevant Teams in timely manner and escalate in timely manner.
- Knowledge of CTM, Alert, Geneva application, broker/custodian web portals would be an added advantage. Your profile:
- 1-7 years of experience in trades confirmation, settlement and/or collateral processing.
- Holds at least B.com / BFM degree.
- Fluent in English (Oral and written communication).
- Ability to learn quickly and adaptability in a face pace work environment.
- Good Interpersonal skills, team spirit and Client focus.
- Analytical skills, effective problem solver.
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Your profile:
- 1-7 years of experience in trades confirmation, settlement and/or collateral processing.
- Holds at least B.com / BFM degree.
- Fluent in English (Oral and written communication).
- Ability to learn quickly and adaptability in a face pace work environment.
- Good Interpersonal skills, team spirit and Client focus.
- Analytical skills, effective problem solver.
ABOUT US
CSC is a global business, legal, and financial services company based in Wilmington, Delaware, USA, providing knowledge-based solutions to clients worldwide. We have offices and capabilities in over 140 jurisdictions in the Americas, Europe, Asia Pacific, and the Middle East, and more than 8,000 colleagues. We are the business behind business.®
Visit our careers site to learn more about CSC and our commitment to our clients, communities, and each other.
CSC is committed to creating a feeling of belonging through a diverse and growth-oriented environment where everyone is valued.
CSC colleagues have global career opportunities and excellent benefits, including annual success-sharing bonuses or commission plans based on individual performance. To learn more, visit cscglobal.com/service/careers.
We offer a range of support to colleagues with disabilities, ensuring people have the necessary resources to thrive in their roles. We encourage candidates to work closely with our talent acquisition partners to convey their specific needs. Our commitment to accessibility reflects our broader dedication to diversity and belonging,
CSC only accepts resumes from employment agencies that are part of our approved supplier program. Resumes submitted from other agencies either to talent acquisition, our hiring leaders, employees, or through any other mechanism other than our supplier process, will not be eligible to claim related fees and the submitted resumes will be considered property of CSC.
We encourage candidates to apply directly to our website and not through third-party sources.
Disclaimer: The information above describes the general nature and level of work performed by employees in this role. It is not intended to describe all duties, responsibilities, and qualifications.