Senior Analyst - Settlements Management

Job description

Responsibilities

Responsible for pre and post settlement of OTC derivatives trades Ensuring all post settlement breaks are cleared within a reasonable time. Able to understand the various manual payments which are done from SWIFT ( 103, 202 ,202COV) Good knowledge on manual payment SWIFT creation. Able to understand the various breaks occurring in Nostro ( Statement v/s ledger recon ) Able to understand the lifecycle of FIC products. Should have knowledge on FIC products.

Ex. FX, MM, IRD, CDS, Options etc.

Any ad-hoc duties that may be assigned by management

• Ability to handle, escalate & resolve queries in a timely manner
• Builds a strong depository of the Operations and Domain knowledge in the team To actively be involved in creating/ capturing process updates/ workflows pertaining to business & process To perform route cause analysis of errors and suggest/ implement controls in consultation with the Supervisor/ Manager To provide training sessions to new joiners and existing partners in the team To actively work on identifying and implementing process improvements in consultation with the Supervisor To initiate and lead team building activities within the team To actively participate in Audits/ BCP exercises and to help the supervisor to ensure awareness in the team To manage the sensitive clients and escalate to managers/FO in order to meet

Fed Target

• Perform affirmation of deal details with counterparties via phone (ensure that contact person name, direct number, date and time of affirmation are clearly indicated on the ticket).

Ensure that all payment messages are generated successfully. Ensure that all relevant payment messages are authorized and released before the currency cut-off time. Creation and release of any new, amendment or cancellation payments, whenever necessary. Coordinate closely with MO TSU for any payments related issues e.g. rollover deals, unusual payment instructions etc. Cross train and support other members in the team. Provide backup to other members of the team during holiday.

Participate in projects or UATs, whenever required. Ensure quality of supporting data for permanent supervision of accounts including monthly reconciliation of all treasury sub systems (including spreadsheets) to general ledger Ensure that policies, procedures, best practices, mission and objectives set by management are adhered to on daily discharge of duties.