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CIB - Market Operations - Rates - Regulatory Reporting - Associate

6.00 to 7.00 Years   Delhi   14 Dec, 2021
Job LocationDelhi
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

Person will be responsible for CFTC/ESMA Rates Reconciliation & Exceptions Management, Cross LOBs metrics and projects and building the culture of Continuous Improvement supporting business across DCO, Middle offices as well as Global teams. Continuous partnership with different operations teams within the organization to (re)design the reconciliation process if required.The individual will individually perform & lead small team, for which the key roles and responsibilities are:

  • Investigation of MTM Breaks
  • Resolution of Trade and MTM Breaks including Data Quality, Bad Match etc
  • Continuous Focus on deep dive and fixing on upstream issues to keep the breaks to minimum.
  • Routing of Breaks to Middle Offices, Valuation Control Group etc
  • Contribution to regulatory reporting in coordination with the global projects team and DCO MIS team for compliance with Dodd Frank, EMIR, and other regulations
  • Improving controls in the process & ensure 100% accuracy and compliance to Regulatory rules
  • Manage any new analysis requirements across multiple stakeholders
  • Regular update to senior management on regulatory reporting changes, compliance, projects updated and issues.
  • Stakeholder Management Daily in terms of exception management, performance, feedback etc.
  • Exception Management of Material Economic Terms Reconciliation
  • Continuous Focus on deep dive and fixing on upstream issues to keep the breaks to minimum.
  • Routing of Breaks to Middle Offices/Confirmations teams etc.
  • Testing of Reconciliations on Tri optima
  • Key role in regulatory reporting in coordination with the global projects team and DCO MIS team for compliance with Dodd Frank, EMIR, and other regulations
Qualifications
  • CA/ MBA with 6-7 years / Graduate or Post-Graduate with 9-10 years experience in operations.
  • Familiarity with a global banks process & operational environment including management and external reporting is a must. Strong business knowledge i.e. Investment Banking, including OTC product, process and system knowledge.
  • Ability to think and act strategically:
    • Deal with day-to-day issues as well as planning and executing projects / initiatives
    • Ensuring the teams activities support Operations in attaining its strategic goals
    • Excellent attention to detail, and an ability to know when a deep-dive approach is appropriate
  • Ability to drive results through a hands-on approach
  • Ability to manage a team of high achievers with diverse experience and skill sets. Successful in team environments with matrix reporting structures
  • Skilled in identifying talent, recruiting, coaching, mentoring, and developing team members
  • Excellent verbal and written communication skills, and adept at communicating with all levels of the business and technical parts of the organization
  • Skilled in MS office applications including Outlook, PowerPoint, Excel, Word, Access and Project
  • Can operate effectively in a dynamic environment with tight deadlines, and can prioritize ones own work to achieve them
  • Flexibility to work global hours and willing to travel globally, if needed
  • Knowledge on tri optima/TLM or functional portfolio reconciliation would be an advantage
,

Keyskills :
ms officedata qualitydrive resultssenior managementinvestment bankingexternal reportingbusiness knowledgecommunication skillsregulatory reporting

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