Equity Sales Trading Ops 3-5 Yrs

Job Description Department Profile Background on the Team  Institutional Operations established a global equity trade support team in Mumbai, in 2009. Approximately 35 functions were transferred from the Institutional Equity Division’s trade support groups in New York, Baltimore, London, Glasgow, Hong Kong, Sydney and Tokyo.  Client's Month end billing process is an offering where clients can trade on real-time basis and have a agreement with the sales desk to get their Cost & Commission billables charged at month end basis. The individual will be responsible for onboarding such clients for the Month end billable process which is offered to clients globally. Individual will be required to do multi-tasking as the process involves liaising with sales desk/ clients/ Tech/ Finance & several internal teams throughout the month for smooth functioning of the process. are both external and internal. Process revolves around invoicing, reconciling, revenue booking, managing receivables & payables. This job is complex in nature and required high focus with eye to detail and managing internal & external communication. Core functions handled by Mumbai team includes: Onboarding & setting up Clients in internal systems for the month end billing process on request from Sales desk globally  Generating & validating the client invoices as per setup required & delivering same to the respective clients  Handling Finance revenue postings for multiple client type & asset class  Handling payables/ receivables through payment mode such as Wire/ PB/IPB/ Swap clients  Reconciliation between internal trackers/ revenue records & payment received This is a great opportunity for highly talented and ambitious professionals to be part of the creation of the team.  We expect the team to meet and exceed the exacting standards for risk management, controls, and people management. The role requires very strong focus on risk, training, and people development, while offering great opportunities for personal learning and career growth. An associate should have about 3 to 4 years’ experience in a similar set up and have sound knowledge of capital markets operations. Primary Responsibilities An absolute focus on risk controls.The teams will be responsible for reconciling and accurately representing client trade positions at month. The tolerance for error or delay is very low to zero. Hire and train the best people we can find in the market Ensure timely, accurate, and complete communications between the Mumbai team and trade support groups and other operations/finance/IT/business teams in the various offices Learn Client’s businesses, organization, procedures, controls, systems, and staff management practices, as rapidly and thoroughly as possible Improve business processes to strengthen controls, communications, and improve efficiency Skills required (essential) Experience with institutional client service. Product and operational knowledge in global cash equities (primarily), corporate actions, FX, listed derivatives, commodities, bonds, loans, swaps, derivatives, principal investments Risk awareness, willingness and propensity to probe, question, and escalate Process documentation & project handling skills Excellent communication skills including fluent spoken and written English required High computer literacy required, moderate to high expertise with Excel (including creating macros) desired Organizational skills Good in Excel Excellent attention to detail, problem solving skills and excellent judgment Takes ownership of issues is methodical and ensures resolution Has proven ability to interact with multiple internal and external functions