Back Office - Listed Derivatives, Clearing, Reconciliations - APAC/EMEA
FIS · Mumbai
Collected role description
<p style="text-align:left"><b> Position Type : </b></p>Full time<p style="text-align:left"><b> Type Of Hire : </b></p>Experienced (relevant combo of work and education)<p><b>Clearing and Trade life cycle Mgmt (Analyst, Senior Analyst)</b></p><p>As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, we’d like to ask you: Are you FIS?</p><ul><li>undefined</li></ul><p>Are you curious, motivated, and forward-thinking? At FIS you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun. </p><p><b>About the team</b> </p><p>The primary function of the role will be to perform and ensure timely trade clearing as per exchange deadline and accuracy in lifecycle event processing as per the agreed SLA’s.</p><p>This job role requires key attention to detail, good understanding of Top day Clearing function, Listed Derivatives product understanding, Lifecycle events on Futures and Options, CCPs break investigation and provide resolutions in a timely manner.</p><p> </p><p><b>What you will be doing</b> </p><ul><li style="color:black !important"><span style="color:#000000">Manage the delivery of the daily Clearing activities as per the Service Level Agreements (SLAs)</span></li></ul><ul><li style="color:black !important"><span style="color:#000000">Ensure top day trade clearing and trade allocations for global exchanges are performed within the exchange deadlines.</span></li><li style="color:black !important"><span style="color:#000000">Lifecycle event processing like Expiries, Average pricing, corporate action.</span></li><li style="color:black !important"><span style="color:#000000">Ensure daily regulatory reporting are submitted on timely basis to exchange and any breaks are resolved prior to submission.</span></li><li style="color:black !important"><span style="color:#000000">Lead and participate in projects with regards to systemic upgrades, regulatory change, client mandated change.</span></li><li style="color:black !important"><span style="color:#000000">Identify, resolve and escalate issues in a timely manner to meet the required service standards</span></li></ul><ul><li style="color:black !important"><span style="color:#000000">Change Management/process improvements</span></li></ul><ul><li style="color:black !important"><span style="color:#000000">Proactively identify areas for performance and control improvements</span></li><li style="color:black !important"><span style="color:#000000">Constantly analyze productivity/output to identify potential enhancements or cost savings</span></li><li style="color:black !important"><span style="color:#000000">Articulate business cases to management/change/IT to execute and deliver on suggested improvements</span></li><li style="color:black !important"><span style="color:#000000">Guide/encourage team to propose solutions and take ownership of changes</span></li></ul><ul><li style="color:black !important"><span style="color:#000000">Client Service</span></li></ul><ul><li style="color:black !important"><span style="color:#000000">Build strong relationships with all stakeholders (retained team/management/business)</span></li><li style="color:black !important"><span style="color:#000000">Co-ordinate timely response and resolution of all queries</span></li><li style="color:black !important"><span style="color:#000000">Ensure accuracy and clarity in all deliverables to stakeholders</span></li><li style="color:black !important"><span style="color:#000000">Provide constant feedback to stakeholders to improve our service offering</span></li><li style="color:black !important"><span style="color:#000000">Provide an effective link between industry platform providers and the participant firm in terms of knowledge transfer and decision making</span></li></ul><ul><li style="color:black !important"><span style="color:#000000">Risk Management</span></li></ul><ul><li style="color:black !important"><span style="color:#000000">Monitor controls and checks associated with tasks in SOPs. Document these change in timely manner.</span></li><li style="color:black !important"><span style="color:#000000">Constantly analyze all activities to close potential risks, gaps and implement preventative/detective controls</span></li><li style="color:black !important"><span style="color:#000000">Ensure timely escalations in the event of a risk incident or whenever management attention is needed on a potential issue</span></li></ul><ul><li style="color:black !important"><span style="color:#000000"> Business/Industry landscape awareness</span></li></ul><ul><li style="color:black !important"><span style="color:#000000">Keep abreast of all industry changes/advancements especially with regards to the development of industry tools and regulations</span></li><li style="color:black !important"><span style="color:#000000">Awareness and communication of impact to utility management – generate action plans to develop positive outcomes/mitigate negative outcomes from changes</span></li><li style="color:black !important"><span style="color:#000000">Understand business risks/impact and escalate to management where necessary</span></li></ul><p> </p><p><b>What you bring:</b> </p><ul><li style="color:black !important"><span style="color:#000000">Minimum of 3 -10+ years of work experience in Futures and Options trade clearing function.</span></li><li style="color:black !important"><span style="color:#000000">Good understanding of street wide system like GMI.</span></li><li style="color:black !important"><span style="color:#000000">Good knowledge of Clearing Houses like ASX, LCH, EUREX, ICE Clear, CME, HKEX, SGX etc.</span></li><li style="color:black !important"><span style="color:#000000">Front to back understanding of the Clearing function, upstream dependencies and how it impacts processes downstream around reconciliation, margin and brokerage, so that complex queries can be addressed accurately and in a timely manner</span></li><li style="color:black !important"><span style="color:#000000">Detailed understanding of exchange traded derivatives (Futures & Option and OTC products)</span></li><li style="color:black !important"><span style="color:#000000">High attention to detail and quality of outputs delivered</span></li><li style="color:black !important"><span style="color:#000000">Analytical and can solve problems quickly and innovatively</span></li><li style="color:black !important"><span style="color:#000000">Dynamic outlook, with the ability to adapt and change plans on the fly</span></li><li style="color:black !important"><span style="color:#000000">Delivery focused; results driven</span></li><li style="color:black !important"><span style="color:#000000">Excellent communication and time management</span></li><li style="color:black !important"><span style="color:#000000">Strong client service focus.</span></li></ul><p> </p><p>Qualifications</p><ul><li style="color:black !important"><span style="color:#000000">MBA Degree or equivalent</span></li></ul><p> </p><p> </p><p>Competencies</p><ul><li style="color:black !important"><span style="color:#000000">Skill in project management, organization, communications, analytical and people skills</span></li><li style="color:black !important"><span style="color:#000000">Skill in leading, supervising and managing effectively under pressure</span></li><li style="color:black !important"><span style="color:#000000">Ability to be comfortable interacting and maintain positive working relationship with other stakeholders</span></li><li style="color:black !important"><span style="color:#000000">Ability to analyze business needs and determine related information services support</span></li><li style="color:black !important"><span style="color:#000000">Ability to manage activities and problem areas</span></li><li style="color:black !important"><span style="color:#000000">Ability to delegate tasks to qualified subordinates as appropriate</span></li><li style="color:black !important"><span style="color:#000000">Ability to lead, direct and manage effectively</span></li><li style="color:black !important"><span style="color:#000000">Ability to operate independently</span></li><li style="color:black !important"><span style="color:#000000">Ability to exhibit solid decision-making and problem-solving skills</span></li><li style="color:black !important"><span style="color:#000000">Ability to communicate effectively verbally and in writing</span></li><li style="color:black !important"><span style="color:#000000">Ability to build strategic roadmap for the function and further expansion of scope of functions</span></li><li style="color:black !important"><span style="color:#000000">Ability to contribute towards budget saving automation ideas</span></li><li style="color:black !important"><span style="color:#000000">Ability to meet conflicting priorities by ensuring effective prioritization and meeting the business demands.</span></li></ul><p> </p><p><b>Added bonus if you have:</b></p><ul><li style="color:black !important"><span style="color:#000000">Experience dealing with large financial services clients.</span></li><li style="color:black !important"><span style="color:#000000">Experience in Front Office Execution desk processes for ETD & OTC Derivatives</span></li><li style="color:black !important"><span style="color:#000000">Experience in Position & Cash Reconciliation for ETD & OTC Derivatives</span></li><li style="color:black !important"><span style="color:#000000">Knowledge of Front to Back Trade & Cash Settlement flows</span></li></ul><p> </p><p><b>What we offer you</b> </p><ul><li style="color:black !important"><span style="color:#000000">A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities</span></li><li style="color:black !important"><span style="color:#000000">A broad range of professional education and personal development possibilities – FIS is your final career step!</span></li><li style="color:black !important"><span style="color:#000000">A competitive salary and benefits</span></li><li style="color:black !important"><span style="color:#000000">A variety of career development tools, resources and opportunities</span></li></ul><p> </p><p> </p><p><b>Privacy Statement</b></p><p></p><p>FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the <a href="http://www.fisglobal.com/privacy" target="_blank">Online Privacy Notice</a>.</p><p></p><p><b>Sourcing Model</b></p><p></p><p>Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.</p><p></p><p>#pridepass</p>
Collected minimum qualification
MBA Degree or equivalent.
Collected experience requirement
3 - 10+ years