SME - OTC Brokerage Reconciliation - Bangalore

2 days ago

Bengaluru, Karnataka, India 2coms Full time
Job Opening: SME-OTC Reconciliation Specialist
Location: Bangalore
Experience: 4+ years
We are excited to present an outstanding opportunity for a SME - OTC (Over The Counter) Reconciliation Specialist with one of our esteemed clients in Bangalore. The ideal candidate will be responsible for ensuring the accurate management of daily reconciliations of brokerage trades and brokerage calculation, with hands-on experience in the process. They will also be accountable for exception management, timely escalation of discrepancies to appropriate stakeholders, and ownership through to resolution. Additionally, the candidate will be expected to have effective communication with the Recon team for a better understanding of their workflow and to make the reporting process more efficient.
Responsibilities:
Ensure all SLA/KPI as agreed with the client are met with 100% accuracy and timeliness
Manage broker relationships with timely responses to their queries and settling the outstanding brokerage within an agreeable period
Prepare all reports accurately and submit them on time as per the agreed timelines with the client
Track and escalate all exceptions as per the agreed timelines
Review and save EOD checklists on a daily basis
Identify areas of improvement, propose solutions, and ensure any change in the process is reported and documented
Assist TL/Management in any adhoc requests and support during their absence
Have regular interactions and review meetings with the client
Skills:
Experience in OTC Brokerage Reconciliation process
Strong knowledge of the OTC market, derivative products like (FX, Options, IRS, CCS, Repos, FXO, PMO{Precious metal options} PM {Precious metal}), and operating conventions
Excellent MS Excel/Word skills
Effective communication skills to manage broker/client
Ability to work with a team and demonstrate positive influences among peers
Proven ability to work effectively within strict deadlines
Flexibility to work as per business requirements

Requirements

Requirements:
Bachelor's degree in Finance, Accounting, Business Administration, or related field
Proven experience in OTC reconciliation and brokerage processes
Strong understanding of financial derivatives and OTC market operations
Excellent communication and interpersonal skills
Ability to work effectively in a fast-paced and dynamic environment
Strong analytical and problem-solving skills
Proficiency in MS Excel and other relevant software applications

  • Leading OTC Brokerage Reconciliation Expert

    3 days ago

    Bengaluru, Karnataka, India beBeeReconciliation Full time ₹ 80,00,000 - ₹ 1,50,00,000

    Job Title:OTC Brokerage Reconciliation SpecialistJob DescriptionWe are seeking a highly skilled OTC Brokerage Reconciliation Specialist to join our team. The ideal candidate will be responsible for ensuring the accurate management of daily reconciliations of brokerage trades and brokerage calculation, with hands-on experience in the process.The successful...

  • Prime Brokerage Specialist

    2 weeks ago

    Bengaluru, Karnataka, India beBeeSettlements Full time ₹ 5,00,000 - ₹ 10,00,000

    Prime Brokerage Cash Reconciliation Trade SettlementsKey Responsibilities:Trade Matching: Verify and validate trade details to ensure accurate settlement.Trade Settlements: Facilitate the transfer of securities or cash between parties.Fails Management: Identify and resolve failed trades in a timely manner.Liaising with Stakeholders: Collaborate with various...

  • SAP OTC Lead

    2 weeks ago

    Bengaluru, Karnataka, India Genisys Group Full time

    Qualifications & Experience:Highly skilled SAP SD OTC Lead with 10+ years of experienceLooking for candidates with 10+ years of experience for the SAP Techno-Functional Consultant role, with the following requirements:Primary Skills: SAP SD, OTC,ECOM Domain ,ABAPGood to Have: SAP MM, FICOProven experience as a Subject Matter Expert in SAP Order to Cash...

  • HCL tech hiring for OTC

    1 week ago

    Bengaluru, Karnataka, India HCLTech Full time

    HCL Tech hiring for OTC - Bangalore Billing Collection Cash application Dispute Management (under OTC) Location : Bangalore(ITPL) Experience – 1 to 5 yrs Responsibilities: Excellent analytical and reconciliation skills Ability to work own initiative Financial & commercial awareness / good numerical skills. Problem solving aptitude & ability Relevant...

  • HCL tech hiring for OTC

    1 week ago

    Bengaluru, Karnataka, India HCLTech Full time

    HCL Tech hiring for OTC - Bangalore BillingCollectionCash applicationDispute Management (under OTC)Location : Bangalore(ITPL)Experience – 1 to 5 yrsResponsibilities:Excellent analytical and reconciliation skillsAbility to work own initiativeFinancial & commercial awareness / good numerical skills.Problem solving aptitude & abilityRelevant and demonstrable...

  • HCL tech hiring for OTC

    1 week ago

    Bengaluru, Karnataka, India HCLTech Full time

    HCL Tech hiring for OTC - Bangalore BillingCollectionCash applicationDispute Management (under OTC)Location : Bangalore(ITPL)Experience – 1 to 5 yrsResponsibilities:Excellent analytical and reconciliation skillsAbility to work own initiativeFinancial & commercial awareness / good numerical skills.Problem solving aptitude & abilityRelevant and demonstrable...

  • HCL tech hiring for OTC

    5 days ago

    Bengaluru, Karnataka, India HCLTech Full time

    HCL Tech hiring for OTC - Bangalore BillingCollectionCash applicationDispute Management (under OTC)Location : Bangalore(ITPL)Experience – 1 to 5 yrsResponsibilities:Excellent analytical and reconciliation skillsAbility to work own initiativeFinancial & commercial awareness / good numerical skills.Problem solving aptitude & abilityRelevant and demonstrable...

  • Exclusive Walk-in Drive for PTP/RTR/OTC Professionals

    4 days ago

    Bengaluru, Karnataka, India beBeeTransformation Full time ₹ 1,02,95,000 - ₹ 1,29,35,000

    We invite you to an exciting career opportunity in Bangalore.Job Title: Exclusive Walk-in Drive for PTP/RTR/OTC ProfessionalsPositions: Process Transition and Transformation (PTP), Real Time Record (RTR) and Operations Trade Credit (OTC)The event will take place on September 4th at our office. The interview process will include a domain assessment, where...

  • SAP OTC Lead

    2 weeks ago

    Bengaluru, Karnataka, India Genisys Group Full time

    Qualifications & Experience:Highly skilled SAP SD OTC Lead with 10+ years of experienceLooking for candidates with 10+ years of experience for the SAP Techno-Functional Consultant role, with the following requirements:Primary Skills: SAP SD, OTC,ECOM Domain,ABAPGood to Have: SAP MM, FICOProven experience as a Subject Matter Expert in SAP Order to Cash...

  • SAP OTC Lead

    3 weeks ago

    Bengaluru, Karnataka, India Genisys Group Full time

    Qualifications & Experience: Highly skilled SAP SD OTC Lead with 16 to 20 years of experience Proven experience as a Subject Matter Expert in SAP Order to Cash (OTC). Demonstrated expertise within the Retail and E-commerce domains. Strong background in team leadership and project management. In-depth understanding of SAP functionalities, configuration, and...