Prime Brokerage 4-7 Yrs Job in Rangam Infotech Pvt. Ltd.

Position 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 Trading Desk and Risk and PnL teams, Docs / Setts and Reconciliation teams to ensure all the trades blottered by the desk are taken into risk for the day. This role is to perform middle office functions during EMEA hours.

• Project duration:- 8 to 12 Months (May vary depending on IBOR transition)
• Shift timings:- 1.30 to 10.30 PM IST
• Work from Home at present (Yes/No):- Yes
• Specific/ mandatory skills:- Candidate with personal INFRA (Laptop, Internet Connection etc.) will be an added advantage

Position Specific Responsibilities and Accountabilities

Primary 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

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 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 EOD controls
• Demonstrate a proactive approach to all activities and create the environment for others to emulate this behavior.

People Management

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 Interest Rates Derivatives
• 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 EMEA business hours.
• Self-starter with ability to take things to their logical end.

Education/ Qualifications

Graduate / Post Graduate with strong knowledge on derivative products.