Representative Senior, BPS Derivatives Operations

Overview

Senior Lead Analyst role in the BPS Derivatives Operations team, responsible for timely trade clearing, lifecycle event processing and CCP break resolution for listed derivatives.

What you'll do

• Manage the delivery of daily Clearing activities as per the Service Level Agreements (SLAs).
• Ensure top day trade clearing and trade allocations for global exchanges are performed within exchange deadlines.
• Process lifecycle events such as expiries, average pricing and corporate actions.
• Ensure daily regulatory reporting is submitted to exchanges on time and breaks are resolved prior to submission.
• Lead and participate in projects relating to systemic upgrades, regulatory change and client mandated change.
• Identify, resolve and escalate issues in a timely manner to meet required service standards.
• Proactively identify areas for performance and control improvements and articulate business cases to management, change and IT.
• Build strong relationships with stakeholders, coordinate timely responses to queries and ensure accuracy and clarity in all deliverables.
• Monitor controls and checks associated with SOP tasks, document changes in a timely manner and implement preventative/detective controls.
• Ensure timely escalation of risk incidents or issues needing management attention.
• Keep abreast of industry changes, advancements, tools and regulations, and generate action plans for their impact.
• Oversee the team: ensure training, control checks, allocation and rotation of daily deliverables, daily BAU and escalation management, and accurate and timely daily/weekly/monthly MI/KPI reporting.
• Complete admin for resources, including leave management and resource staffing, and maintain professional discipline standards.
• As part of the management group, ensure extended deliverables are met and represent the firm as FIS management lead to the client.

What you'll need

• Minimum of 8-10+ years of work experience in Futures and Options trade clearing function.
• Good understanding of systems such as ClearVision, GMI and ETD.
• Good knowledge of clearing houses such as ASX, LCH, EUREX, ICE Clear, CME, HKEX and SGX.
• Front to back understanding of the clearing function, upstream dependencies and downstream impact on reconciliation, margin and brokerage, so complex queries can be addressed accurately and timely.
• Detailed understanding of exchange traded derivatives (Futures and Options) and OTC products.
• High attention to detail and quality of outputs.
• Analytical, able to solve problems quickly and innovatively.
• Dynamic outlook, able to adapt and change plans on the fly.
• Delivery focused and results driven.
• Excellent communication and time management.
• Strong client service focus.
• MBA degree or equivalent.
• Skill in project management, organization, communications, analytical and people skills.
• Skill in leading, supervising and managing effectively under pressure.
• Ability to interact and maintain positive working relationships with stakeholders.
• Ability to analyze business needs and determine related information services support.
• Ability to manage activities and problem areas, and delegate tasks to qualified subordinates.
• Ability to lead, direct and manage effectively, and to operate independently.
• Solid decision-making and problem-solving skills.
• Ability to communicate effectively verbally and in writing.
• Ability to build a strategic roadmap for the function and expansion of its scope.
• Ability to contribute towards budget-saving automation ideas.
• Ability to meet conflicting priorities through effective prioritization.

Nice to have

• Experience dealing with large financial services clients.
• Experience in Front Office Execution desk processes for ETD and OTC Derivatives.
• Experience in Position and Cash Reconciliation for ETD and OTC Derivatives.
• Knowledge of Front to Back Trade and Cash Settlement flows.

Details

• Location: Pune, India.
• Work from office days are expected per firm standards.