Specialist - Investment & Trade Operations

Job Description

What is the Specialist - Investment Trade Operations- Investment Ops Brandywine Group responsible for The Trade Processing and Settlements Associate will take direction from Derivative Trade Processing Manager in addition to Team Lead of the Derivative Operations team. The candidate will be responsible for trade processing and other life-cycle event processing of complex financial instruments such as Foreign Exchange, Swaps, Futures, Options, and Bank Loans. The candidate will correspond and interact with Trading, Compliance, Client Service, and other internal teams at Brandywine Global; also correspond with executing brokers and client custodians. Participation in meetings directly related to Fund and Client accounts is expected. This position requires an individual who possesses the personal attributes and the professional experience consistent with the Firm s high standards of conduct and performance. In performing the job, the individual must demonstrate behaviors consistent with the company core values including: Act with Integrity: Demonstrates values and ethics aligned to BGIM and is looked to for guidance on standards and norms Follows through on commitments Viewed as direct and truthful Shows consistency between words and actions Keeps confidences Take Ownership: Feels a sense of personal responsibility in seeing tasks to completion Works and thinks like a team member - owns their responsibilities while also considering the enterprise impact Takes personal accountability for decisions, actions and outcomes. Takes an active role in managing their own career development Be Curious. Challenge Conventional Thinking: Introduces new ways of looking at problems Experiments and finds new solutions Has the courage to push back and ask questions that advance the group s thinking Debate with an Open Mind: Uses compelling arguments in representing own interests while actively seeking to understand different perspectives Steps up to address difficult issues, says what needs to be said Champions an idea or position despite dissent or political risk Build Strong Diverse Relationships: Relates openly and comfortably with diverse groups of people. This includes diversity in the broadest sense - diversity of thought and functional expertise in addition to race, gender, ethnicity, sexual orientation. Builds effective formal and informal relationships inside and outside the organization - including co-workers, clients, vendors and parent company, Legg Mason. Draws upon multiple relationships to exchange ideas, resources and know-how Embraces the spirit of collegiality, mutual respect and teamwork Strive for Balance: Prioritizes business needs with an understanding personal reality Understands and considers competing agendas and priorities within the firm when making decisions What are the ongoing responsibilities of a Specialist - Investment Trade Operations Perform daily trade processing of Derivative (Futures, Options, Swaps, Swaptions, Term Loans), Foreign Exchange (Spot and Forward FX). Monitor trade flow and matching processes using TradeNexus (GTSS) and other confirmation systems Perform daily resolution of related settlement issues and participate in overdraft and claims resolution when required. Contribute to the maintenance, improvement and continuous refinement of all related processes and controls Perform necessary manual accounting entries for new account or transition accounts Participate in audit preparation BCP Planning and DR Testing, which may include weekend or after hour remote access and participation. Access to personal computer and internet access is required. Position requires flexibility in work schedule to allow for extended work hour coverage supporting an international client, custodial, and brokerage community Regulatory Derivative Reporting - Review and resolve any issues with reporting of required trades and valuations to regulators within defined deadlines and perform periodic reconciliation. Team Responsibilities: Confirm accuracy of all trades (Swaps, Futures, Options, Foreign Exchange, or Loans) by comparing details of trades with executing brokers via electronic settlement platform or other approved process Review and resolve all Exceptions and Failed trades Confirm accuracy of related transaction activity, such as life-cycle events, payment netting, collateral/margin, etc. using approved processes Process derivatives transactions utilizing various systems (Bloomberg, Eagle Star, Osttra, Trade Nexus, etc.) Prepare, distribute and/or monitor settlement instructions to custodians Reconcile derivatives, collateral and/or margin positions against broker records Maintain accuracy of derivatives book of business by performing daily reconciliations of derivatives positions between trading system and accounting system Ensure that all transactions are properly settled with all counterparties (resolving settlement issues including non-receipts and compensation claims) Assist with project planning, implementation and testing when required Perform data maintenance activities on both internal and external settlement information/notification systems Create/prepare and submit daily, weekly, and monthly reports to clients, consultants, service providers, and internal committees/departments What ideal qualifications, skills experience would help someone to be successful Bachelor s degree. Three to Five years experience in investment management or financial industry, preferably at a bank, brokerage firm or investment manager, in a position with similar responsibilities. experience with derivatives, preferably in a processing-oriented role Computer literate including Microsoft Office and an aptitude to learn different systems/applications. Excellent interpersonal communication, analytical, organizational, problem-solving and judgement skills. Commitment to task and to the team; ability to start and complete specific tasks with motivation and a sense of urgency in a fast-paced environment. Professional attitude and ability to work independently Management and leadership ability Familiarity with Bloomberg s AIM Trade Complete, EAGLE, TradeNexus, Markit ReadeServ, Clearpar or Markit Trade Manager is a plus. Understanding of Cappitech reporting tool and processes are a plus. Knowledge on Derivtives systems: TradeNexus (GTSS), TriResolve, Duco, Bloomberg Trade Complete (TC), Eagle accounting systems, OneTIS (view only), WSOWeb, Clearpar, Ongeo Alert, ICELink, Cappitech, MarkitClear, DTCC Portal, MarkitWire, Markit Trade Manager/TradeServ, FT Fusion Recs. Requirements: This position requires an individual who possesses the personal attributes and the professional experience consistent with the Firm s high standards of conduct and performance. In performing the job, the individual must: (i) always act in the best interests of clients, (ii) continuously evaluate and escalate areas of risk to the Firm, (iii) work cohesively and effectively with people across all functions, and (iv) comply with all Firm policies and procedures. Accordingly, it is expected that the individual is of high moral character, well-organized and self-directed, with strong interpersonal skills and an ability to execute work objectives in a dynamic, fast-paced environment. Work Shift Timing - 8:30 PM - 5:30 AM IST Experience our welcoming culture and reach your professional and personal potential! Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life. Hear more from our employees By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life s adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered. Highlights of our benefits include: Professional development growth opportunities through in-house classes and over 150 Web-based training courses An educational assistance program to financially help employees seeking continuing education Medical, Life and Personal Accident Insurance benefit for employees. Medical insurance also cover employee s dependents (spouses, children and dependent parents) Life insurance for protection of employees families Personal accident insurance for protection of employees and their families Personal loan assistance Employee Stock Investment Plan (ESIP) 12 weeks Paternity leave Onsite fitness center, recreation center, and cafeteria Transport facility Child day care facility for women employees Cricket grounds and gymnasium Library Health Center with doctor availability HDFC ATM on the campus Franklin Templeton is committed to fostering a diverse and inclusive environment. 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