Associate Global Market Operations-slab Securities

3 weeks ago

Bengaluru, India Teamware solutions Pvt. ltd. Full time

Hi, All

**Location: Bangalore**

**Experience: 2+ yrs**

**Notice Period: Immediate-15 days**

**JOB DESCRIPTION**:
**Position Purpose**

Primary responsibilities of the team includes:

- Settlement of Security transactions and associated products in a timely and cost effective manner
- Timely resolution of nostro and depot breaks
- Mitigation of operational and reputational risk by escalating in a timely and efficient manner
- Liaising with clients, brokers / counterparties and other internal support functions for smooth settlement of trades

**Responsibilities**

Key Responsibilities:

- Responsible for the settlement of Security transactions & associated products booked in Back Office system, on a timely and cost effective basis by:

- Ensuring all trades are instructed, matched & settled on a timely basis
- Monitoring of failing trades
- Reducing fails and/or potential fails by means of pairing off or partialing down deliveries
- Minimizing fails by means of partial deliveries where possible
- Pre-matching trades in a daily basis
- Cash Management related with funding trades
- Responsible for solving Nostro and Depot reconciliation breaks on a timely basis:

- By investigating and, where possible, clearing all nostro breaks in reported by Securities Control teams
- By passing entries to the BO systems to clean up outstanding items on a timely basis
- By investigating and, where possible, rectifying all depot breaks on a timely basis reported by Securities Control teams
- By investigating and solving accounting breaks raised by Securities Control & Accounting teams
- Escalating items that represent operational risk to the direct Manager
- Contribute to the minimisation of settlement costs & operational risk:

- By becoming more risk aware and by following the procedures or Compliance rules that are in place to mitigate operational or reputational risk
- Monitors and take appropriate actions in case of market risks (buyins)
- By seeking to improve STP rates at our custodians so reducing cost, by updating static data as and when necessary
- By reducing the number of manual instructions sent to agents therefore reducing cost, manual intervention and settlement risk according to Compliance rules
- If necessary, using the escalation process when operational risk is detected
- Contribute to the overall successful running of the settlement department:

- By maintaining close relationships with traders and sales and escalating problems to them promptly where required
- By maintaining good working relationships with domestic agents and custodians
- By communicating with, and assisting, other operational departments where needed
- Ensuring direct Managers are kept informed of any potential problems & issues where appropriate.

**Skills and competencies**:

- Ability to analyse, organize and report efficiently
- Flexibility on working methods and changing international environment
- Rigorous and reactive in order to face pressure and reach excellence anytime
- Diligently follow the set procedures and Compliance policies
- Knowledge of financial markets and products, and easiness/expertise in dealing with Excel.
- English speaker

**Job Type**: Contractual / Temporary
Contract length: 6 months

**Salary**: ₹100,000.00 - ₹500,000.00 per year

**Benefits**:

- Provident Fund

**Speak with the employer**
+91 9110621558

  • Associate 1 - Security Settlements

    1 month ago

    Bengaluru, India BNP Paribas Full time

    ASSOCIATE 1 - SECURITY SETTLEMENTS (JOB NUMBER: GLO005990) **Electronic Equity - Security settlements** **About BNP Paribas Group: BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and...

  • Associate Level 1

    1 month ago

    Bengaluru, India BNP Paribas Full time

    ASSOCIATE LEVEL 1 - SECURITY SETTLEMENTS (JOB NUMBER: GLO005807) **Electronic Equity - Security settlements** **About BNP Paribas Group: BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and...

  • Associate Level 1

    1 month ago

    Bengaluru, India BNP Paribas Full time

    **Electronic Equity - Security settlements** About BNP Paribas Group: BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and...

  • Associate Level 1/senior Associate: Ee Controls

    1 month ago

    Bengaluru, India BNP Paribas Full time

    ASSOCIATE LEVEL 1/SENIOR ASSOCIATE: EE CONTROLS & INVESTIGATION (JOB NUMBER: GLO005614) **Controls and Investigation** **About BNP Paribas Group: BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and...

  • Associate Cash Pb Settlements

    1 month ago

    Bengaluru, India BNP Paribas Full time

    ASSOCIATE CASH PB SETTLEMENTS (JOB NUMBER: OPE002531) **Security settlements** **About BNP Paribas Group: BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their...

  • Associate Cash Pb Settlements

    1 month ago

    Bengaluru, India BNP Paribas Full time

    ASSOCIATE CASH PB SETTLEMENTS (JOB NUMBER: OPE002513) **Security settlements** **About BNP Paribas Group: BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their...

  • Associate Cash Pb Settlements

    1 month ago

    Bengaluru, India BNP Paribas Full time

    **Security settlements** About BNP Paribas Group: BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services...

  • Associate Level 1/senior Associate: Ee Controls

    1 month ago

    Bengaluru, India BNP Paribas Full time

    **Controls and Investigation** About BNP Paribas Group: BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial...

  • Security Operations Operator

    4 weeks ago

    Bengaluru, India Rapid Global Business Solutions Full time

    **Position Responsibilities**: The responsibilities for this position include, but are not limited to, the following: Under direction of the Site Security Manager, manage and conduct all routine security operations Maintain and implement all relevant policies, plans, and procedures Gathering, collating, and preparing documents, materials, and information...

  • Associate Securities Operations Representative

    6 days ago

    Bengaluru, India WELLS FARGO BANK Full time

    Associate Securities Operations Representative **Wells Fargo India **solutions enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Operations, Risk Services and Knowledge Services. EGS operates in Hyderabad, Bengaluru and Chennai in India and in Manila,...

  • Associate 1 - Cash Equity Settlements

    1 month ago

    Bengaluru, Karnataka, India BNP Paribas Full time

    ASSOCIATE 1 - CASH EQUITY SETTLEMENTS (JOB NUMBER: GLO006532) **Job Description -** **Security settlements Associate level 1** About BNP Paribas Group: BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with...

  • Associate Level 1 Repo/bonds

    1 month ago

    Bengaluru, India BNP Paribas Full time

    ASSOCIATE LEVEL 1 REPO/BONDS - CONTROLS AND INVESTIGATION (JOB NUMBER: GLO005755) **Repo/Bonds - Controls and Investigation** *** **About BNP Paribas Group: - BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity:...

  • Global Billing Operation

    4 weeks ago

    Bengaluru, India State Street Corporation Full time

    Global Billing Operation - Associate State Street has established a Global Billing Function under Controllership, which is responsible for client billing set up and invoicing across all business lines and geographies globally at State Street. Organizationally, it combines all groups performing these activities globally, and also includes centers residing in...

  • Associate Level 1 Repo/bonds

    1 month ago

    Bengaluru, India BNP Paribas Full time

    **REPO/BONDS - CONTROLS AND INVESTIGATION**: *** **About BNP Paribas Group**: BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks...

  • Implementation Operations Associate

    5 days ago

    Bengaluru, India S&P Global Full time

    S&P Global Market Intelligence, Software Solutions **The Role**: Associate Consultant **The Team**: Professional Services (PS) team for Software Solutions is a global team of knowledgeable and enthusiastic consultants with wide range of skills and capabilities. We manage, execute, deliver or support both the initial and add-on implementations of...

  • Associate Securities Operations Representative

    1 month ago

    Bengaluru, India WELLS FARGO BANK Full time

    **About this role**: Wells Fargo is seeking an Associate Securities Operations Representative... **In this role, you will**: - Support a variety of operational tasks for simple or routine securities - Identify ways to improve the overall process - Perform routine duties such as processing, reconciling transaction and research inquires - Regularly receive...

  • Global Banking

    3 weeks ago

    Bengaluru, India Goldman Sachs Full time

    GLOBAL BANKING & MARKETS We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis. OPERATIONS Operations is a dynamic,...

  • Associate Securities Operations Representative

    5 days ago

    Bengaluru, India WELLS FARGO BANK Full time

    **About this role**: Wells Fargo is seeking an Associate Securities Operations Representative... **In this role, you will**: - Support a variety of operational tasks for simple or routine securities - Identify ways to improve the overall process - Perform routine duties such as processing, reconciling transaction and research inquires - Regularly receive...

  • Associate Securities Operations Representative

    7 days ago

    Bengaluru, India WELLS FARGO BANK Full time

    **About this role**: Wells Fargo is seeking an Associate Securities Operations Representative... **In this role, you will**: - Support a variety of operational tasks for simple or routine securities - Identify ways to improve the overall process - Perform routine duties such as processing, reconciling transaction and research inquires - Regularly receive...

  • Associate Securities Operations Representative

    7 days ago

    Bengaluru, Karnataka, India Wells Fargo Full time

    **About this role**: Wells Fargo is seeking an Associate Securities Operations Representative... **In this role, you will**: - Support a variety of operational tasks for simple or routine securities - Identify ways to improve the overall process - Perform routine duties such as processing, reconciling transaction and research inquires - Regularly receive...