Confirmations Analyst 3 + Yrs

3 weeks ago

Mumbai, Maharashtra, India Rangam Infotech Private Limited Full time
Job Description

Job Description

Primary Responsibilities

The role is within the Confirmation area, which is part of the broader Fixed Income Derivatives group under the Derivations Operations group. The successful candidate is expected to become a Subject Matter Expert in their function and provide support to the wider group.

- Timely and accurate generation of trade confirmations for FID products in accordance with internal bookings, ISDA and industry standards.
- Provide documentation support to Institutional Sales and Trading, and Bank Resource Management on ad hoc deals and projects.
- Provide SME support for the ongoing standardization and confirmation automation initiatives
- Research and resolve confirmation discrepancies through proactive communication with internal partners (Legal, Sales, Trading, Compliance) and external counterparties.
- Identify risk issues, escalate where appropriate and actively assist in resolving them. Adopt and maintain stringent process controls to mitigate firm and client risk.
- Organize own day to day tasks per functional procedures to ensure all priority tasks are completed within the established deadlines using the appropriate systems, tools and checklists.
- Analysis of current processes and identification of process/system to increase efficiencies
- Attention to detail and accuracy
- Metrics reporting using Excel.
- Subject Matter expert for function and product covered within the group
- Ability to think out of the box and work on identification of process/system to increase efficiencies

Skills/Qualifications required (essential)

- Minimum of 1+years Banking Operations or equivalent relevant industry experience with exposure to financial products
- Basic working knowledge of ISDA definitions is essential.
- Understanding of basic lifecycle of OTC products
- Experience in negotiating with clients to resolve language discrepancies.
- Bachelor's Degree
- Strong analytical, organizational, and verbal & written communication skills
- Proven ability to work efficiently and accurately under pressure in a fast paced-multi tasking environment.
- Proactive and self-motivated
- Strong Microsoft Excel and Word skills
- Flexible working in Shift (Asia or EMEA)
- Stakeholder & Desk management skills
- Intuitive thinker who can think and plan ahead
- The ability to work effectively as part of a dynamic team

1.Years of exp- upto 3 years

2.Contract duration - 6 months

3.Shift timing - 11:00 AM IST to 8:00 PM IST

4.Location - Mumbai- Commerz III

5.Acceptable Notice period - Upto 1 month.

6.WFO/Hybrid - Hybrid

7.Must have skillset - Good communication Skill.

8.Good to have skillset - Preferred Confirmation experience.

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