Process Overview Trade Support
Trade Support Team is responsible for Bookings, Confirmation & Settlement of Bonds and Term Loans Products. Team is responsible for multiple activities for Middle office and Back-office operations.
Team support settlement Activities for DTC, FED, Euroclear, CEDEL Market, ClearPar for Term Loan.
Trade Support closely work with Data Governance and Asset Servicing Team.
Also Responsible Post settlements activities such as Failed Trades and Claims Management, Also ensuring Timely matching of unconfirmed Trades from Previous business day.
Job Description
This role is primarily responsible for managing end to end trade Support activities e.g. Trade Bookings/Confirmation/Settlements activities for DTC/ Euroclear/Fed and CEDEL Market.
Want more jobs like this?
Get jobs in Gurgaon, India delivered to your inbox every week.
Ensuring all Trades are booked on time in Order Management System, Confirming all Trades with CPTY
On T+0, on VD+2 ensure all trades are pre-matched and settled on good value date.
Resolving daily issues and challenges come across in Trade Support Process.
Also, Responsible for working on Term Loan Settlement process using various tools e.g., ClearPar, Geneva.
Mandatory skills-
- Understanding of Investment Banking and financial products e.g. Bonds, equity, Term Loan etc.
- Sound understanding of Fixed Income Products, Equities. MM and Derivatives Products. FX, OTC trade processing background with risks and controls surrounding this function.
- Good understanding of trade life cycle.
- Excellent verbal and written communication skills and effective interpersonal skills.
- Ability to work under pressure with excellent attention to detail,
- Ability to multitask, prioritize
- liaison with Stakeholders, Counterparties, Custodian, Front Office and trading desk,
- Experience / working knowledge of Trade support Activities for Fixed income market.
- Escalation of critical risks & non-compliance with policies, standards, and limits
Work Timings
- EMEA/US - Should be flexible
- Process Timings: 12:30 PM to 4:30 AM
- Note : - Candidate should be flexible to work in Night shift, Night shift is core requirement.
Job Location* Gurugram
If you encounter any suspicious mail, advertisements, or persons who offer jobs at Wipro, please email us at helpdesk.recruitment@wipro.com. Do not email your resume to this ID as it is not monitored for resumes and career applications.
Any complaints or concerns regarding unethical/unfair hiring practices should be directed to our Ombuds Group at ombuds.person@wipro.com.
We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, caste, creed, religion, gender, marital status, age, ethnic and national origin, gender identity, gender expression, sexual orientation, political orientation, disability status, protected veteran status, or any other characteristic protected by law.
Wipro is committed to creating an accessible, supportive, and inclusive workplace. Reasonable accommodation will be provided to all applicants including persons with disabilities, throughout the recruitment and selection process. Accommodations must be communicated in advance of the application, where possible, and will be reviewed on an individual basis. Wipro provides equal opportunities to all and values diversity.