Senior Associate, Middle Office
We re seeking a future team member for the role of Senior Associate, Middle Office to join our Middle office collateral team. This role is located in Pune, MH- Hybrid
In this role, you ll make an impact in the following ways:
- Serves as subject matter expert and conducts research to gather information on the most complex, multi-faceted transactions and provides answers to complex inquiries that have been escalated by lower levels. Responsible for or facilitating the BAU for collateral and portfolio reconciliation.
- Responsible for the most complex reconciliations analysis, break assignment, resolution of reconciliation breaks, and collateral dispute management.
- May also participate in monthly end-client statement workflow, ad hoc reporting, and incident management.
- Provides guidance to less experienced team members. Is able to act as a SME within incident management.
- Exercises own judgement and collaborates with multiple internal and external stakeholders to resolve collateral and portfolio reconciliation issues. May review/approve work of junior team members.
- Regularly interacts with clients in answering questions and resolving multifaceted inquiries for collateral and portfolio reconciliation.
- Monitors daily mark to market movement and manage daily margining by booking collateral movement.
- Liaises with counterpart and clients to manage daily margining and dispute issues
- Client reporting for collateral movements
To be successful in this role, we re seeking the following:
- Bachelor s/Masters degree in finance or the equivalent combination of education and experience is required.
- 7 plus years experience in Derivatives, collateral management or portfolio reconciliation functions
- SME knowledge of derivatives markets and regulation, along with understanding for collateral function
- Professional verbal and written communication skills