Collateral Ops Role 0 1yrs

Year    Mumbai, Maharashtra, India

Job Description


Collateral Operations Ops - Temp Division: Operations/ Financing & Collateral Operations Location: Mumbai Operations Title: Ops Specialist Company Profile Client is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm\'s employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Client can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Department Profile Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets. Institutional Securities Group (ISG) Product Operations encompasses four functionally aligned organization, Trading & Client Operations, Clearing Operations, Financing & Collateral Operations, and Trade & Transaction Reporting. The broad organization partners closely with Sales and Trading to develop and implement new products and services as well as drive efficiency and reduce risk in our processes. At all times we are focused on delivering quality service to clients both internal and external. ISG Product Operations partners closely with Shared Services and Banking Operations as well as Branch Operations and Operations Risk & Control to deliver a connected \'front to back\' view of operations to ISG Sales and Trading. The India Collateral Operations team provides collateral calculations and exposure monitoring for clients based across the globe. This team is responsible for all aspects of collateral monitoring and works closely with the regional business unit risk managers, sales, operations and documentation groups. The team performs margin calculation based on the margin documents and to ensure that the exposures are within the defined comfort levels so as to minimize the Firm\'s exposure to counterparty and market risk. . The team covers client accounts that trade under the ISDA CSA document and FX prime brokerage agreement. Primary Responsibilities Exposure management for Client Troubleshoot problems arising on an ad-hoc basis and react to BU and Client driven demands Maintain a clear focus on enhancing control and continuously improving and reducing operational risks Proactively explore tactical and strategic solutions to close identified control gaps, working with other groups as appropriate Work with multiple units in operations, BU and technology on projects and initiatives Strong team working skills with supervisory and line trade processing experience Interaction with clients daily regarding the OTC collateral process Skills required (essential) Bachelor-s Degree 0-3 years of relevant working experience Excellent command in English communication skills Good understanding of financial products, including equity/fixed income OTC derivative, FX products and basic knowledge of ISDA/CSA is a bonus. Ability to work under pressure Attention to detail Escalation Awareness: ability to assess risk and exposure issues Ability to work with external clients to enhance the client experience Knowledge of Microsoft Office with a focus on Excel

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Job Detail

  • Job Id
    JD3173940
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year