Analyst

Analyst

Banking operations processing Permanent contract Bangalore, India Reference 24000RBJ Start date Immediately Publication date 2024/11/20

Responsibilities

Job Description

Trade Support Unit is responsible for the strict control of trades booked, liaising with internal departments and escalating to management where appropriate. TSU assistants work independently from the Front Office and are key to the control of our business ensuring the highest level of quality is achieved at all times. A high level of FIC product experience is mandatory for this role.

This includes EQD, CTY, Forex, Money Market, Options, Interest Rate Derivatives and Credit derivative.

The primary function of the TSU role is to minimise operational risk by supporting the front and back office with their requests and monitoring trading activity. The role and expectations constantly evolve and as such processes need to be regularly reviewed, procedures kept up to date and training maintained to ensure full cover within the team.

Main responsibilities:

Team Mgt:

Manage people and daily work allocation Participate and perform in year-end appraisals for the team Ability to provide feedback and envisage plans for people development Periodic assessment of process risk and sign off Review of SOP’s and verification of Access recertification Participate and contribute on global weekly mgmt calls Discuss and provide feedback on KRI, KPI’s, etc Maintain process maps, heat maps, improvement trackers, FTE allocation tracker, etc Handle and manage escalation

Transversal Task Management

o Trade Checking / Affirmation - Reuters, E-Mail, Bloomberg, Blotters

o Broker Checking / Affirmation – Paper Confirmations, STP Screen follow-up

o Trade Validation –

o Pending Status Management – external and internal platform

o Reporting –

o Trade Expiration

o Trade booking and amendment

Product Specific Task Management

è Holds a high level of expertise across products performing following tasks on a daily basis

o Query Management – Counterpart Mismatch. Value Date Breaks, Missing Trades, Direction, Break Clause, Internal Reconciliation, Generics, Ad Hoc requests,

o STP Exception – Mapping Issues, Deal reject follow-up, feed failure follow-up

o Booking / Re-booking – Certificate of Deposits, Amortising Deal Structures, Back To Back, Re-booking of events deals, Generics

o Trade Life Cycle / Mass Events / Amends & Cancelations – NDF Fixing, Expiry Management, Fixing exceptions, Mass Negotiations, Mass Novations,

o Risk Analysis

o Referential Management – Bond Creation / CDS Rolls.

o Amendment and Cancellation Monitoring – Daily Weekly Analysis, Technical Modifications to Check.

o Clearing and Compression – Tri-Party, TriOptima, Ice, LCH, NDF

GBS and Business partner Interaction Management

è Maintain strong relationships with all departments across SGCIB globally.

o IT– Follow-up and tracking, daily issue resolution, New release, FO assistance

o Project team (ORG) - Close interaction with Paris Teams and ORG

o Commercial MO (COM) – Regular interaction with COM in regards to client service and e-biz.

o Compliance – Continuous interaction and awareness

o OPER Globally – TSU / BO / TRS globally to maintain high level of service and business interaction.

o COO / Business – Daily interaction and meetings

Quality and Control

è Ability to have a strong vision of Operations and Business evolvement and have relevant tools to adapt to ever changing markets.

o KPI – Contribution and monitoring

o AC – Detailed analysis and action plan follow-up

o Procedure – Strict adherence and control

Main competencies

o Previous trading Support Unit or Product control or Middle Office experience .

o Good understanding of one or two of the product (EQD,CTY, FX/MM/IRD/CDS/Options) is imperative .

o Strong Understanding of PnL and Risk

o Understanding Regulatory Environment-DFA

o Expected to work at all times with the highest level of accuracy and rigour to minimise operational loss.

o Close working relationships with Front office teams is essential.

o High level of communication and close working relationship with team members.

o Willingness to train on new products/activities/tools.

o Expected to be pro-active and keen to improve processes.

o Availability to work shift patterns if required.

o Ability to work under pressure in an environment where timely resolution to problems is a key element to success

o Flexibility and desire to broaden skill set.

o Ability to train and work on several IT systems throughout the day.

Profile required

Job Description

Trade Support Unit is responsible for the strict control of trades booked, liaising with internal departments and escalating to management where appropriate. TSU assistants work independently from the Front Office and are key to the control of our business ensuring the highest level of quality is achieved at all times. A high level of FIC product experience is mandatory for this role.

This includes EQD, CTY, Forex, Money Market, Options, Interest Rate Derivatives and Credit derivative.

The primary function of the TSU role is to minimise operational risk by supporting the front and back office with their requests and monitoring trading activity. The role and expectations constantly evolve and as such processes need to be regularly reviewed, procedures kept up to date and training maintained to ensure full cover within the team.

Main responsibilities:

Team Mgt:

Manage people and daily work allocation Participate and perform in year-end appraisals for the team Ability to provide feedback and envisage plans for people development Periodic assessment of process risk and sign off Review of SOP’s and verification of Access recertification Participate and contribute on global weekly mgmt calls Discuss and provide feedback on KRI, KPI’s, etc Maintain process maps, heat maps, improvement trackers, FTE allocation tracker, etc Handle and manage escalation

Transversal Task Management

o Trade Checking / Affirmation - Reuters, E-Mail, Bloomberg, Blotters

o Broker Checking / Affirmation – Paper Confirmations, STP Screen follow-up

o Trade Validation –

o Pending Status Management – external and internal platform

o Reporting –

o Trade Expiration

o Trade booking and amendment

Product Specific Task Management

è Holds a high level of expertise across products performing following tasks on a daily basis

o Query Management – Counterpart Mismatch. Value Date Breaks, Missing Trades, Direction, Break Clause, Internal Reconciliation, Generics, Ad Hoc requests,

o STP Exception – Mapping Issues, Deal reject follow-up, feed failure follow-up

o Booking / Re-booking – Certificate of Deposits, Amortising Deal Structures, Back To Back, Re-booking of events deals, Generics

o Trade Life Cycle / Mass Events / Amends & Cancelations – NDF Fixing, Expiry Management, Fixing exceptions, Mass Negotiations, Mass Novations,

o Risk Analysis

o Referential Management – Bond Creation / CDS Rolls.

o Amendment and Cancellation Monitoring – Daily Weekly Analysis, Technical Modifications to Check.

o Clearing and Compression – Tri-Party, TriOptima, Ice, LCH, NDF

GBS and Business partner Interaction Management

è Maintain strong relationships with all departments across SGCIB globally.

o IT– Follow-up and tracking, daily issue resolution, New release, FO assistance

o Project team (ORG) - Close interaction with Paris Teams and ORG

o Commercial MO (COM) – Regular interaction with COM in regards to client service and e-biz.

o Compliance – Continuous interaction and awareness

o OPER Globally – TSU / BO / TRS globally to maintain high level of service and business interaction.

o COO / Business – Daily interaction and meetings

Quality and Control

è Ability to have a strong vision of Operations and Business evolvement and have relevant tools to adapt to ever changing markets.

o KPI – Contribution and monitoring

o AC – Detailed analysis and action plan follow-up

o Procedure – Strict adherence and control

Main competencies

o Previous trading Support Unit or Product control or Middle Office experience .

o Good understanding of one or two of the product (EQD,CTY, FX/MM/IRD/CDS/Options) is imperative .

o Strong Understanding of PnL and Risk

o Understanding Regulatory Environment-DFA

o Expected to work at all times with the highest level of accuracy and rigour to minimise operational loss.

o Close working relationships with Front office teams is essential.

o High level of communication and close working relationship with team members.

o Willingness to train on new products/activities/tools.

o Expected to be pro-active and keen to improve processes.

o Availability to work shift patterns if required.

o Ability to work under pressure in an environment where timely resolution to problems is a key element to success

o Flexibility and desire to broaden skill set.

o Ability to train and work on several IT systems throughout the day.

Why join us

We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status”

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