Global Banking & Markets Operations - Settlements - Analyst

1 - 2 years

1 - 2 Lacs

Bengaluru / Bangalore Karnataka India

Posted:1 month ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

The department's key priorities are to mitigate risk, provide exceptional client service and drive strategic change. JOB SUMMARY AND RESPONSBILITIES The position available is with the Securities Settlements Operations team Hyderabad location. The reporting line is to a Team Manager as first line management, with further supervision by the Vice President. Key stakeholders and interactions will be with GS Trading and Sales Desks, Engineering and Operations Teams, Credit, Legal, Compliance and external counterparties. The following tasks give an overview of what is required day to day: Monitoring Settlement activity and ensuring securities are in the right place at the right time Monitoring Firm inventory to ensure it is moved or converted to facilitate settlement Working with the Trading Desk on securing borrows to facilitate settlement Query resolution and interaction with trading desk and clients on failing trades Investigating and resolving discrepancies of positions (cash and securities) in the firm's books and records. Completing daily checklist ensuring all controls, procedures and processes relating to the assigned functions are followed Acting as a change agent solving problems at root cause whilst also taking / making opportunities to automate flows BASIC QUALIFICATIONS We are looking for an enthusiastic and committed individual who is looking to operate in a dynamic working environment where communication and teamwork skills are essential. Exceptional client service and relationship building are required to interact with our clients and the team. The candidate should have a control focus and be achievement orientated to produce results to ensure that all risk is mitigated. Degree / A level educated candidate would be preferred. Strong organizational skills required. Deadlines within this role are very strict with zero tolerance. Prompt escalation and clear communication is paramount. Be flexible, work on projects or aid other team members. PREFERRED QUALIFICATIONS Work experience in Securities Settlements, Inventory Management, trade support or securities middle office role for 1 to 2 years. Equities Industry and market knowledge would be an advantage. Experience of vendor platforms (Easyway) would be an advantage IAQ would be an advantage

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