Trade Control Role - Market Equity Issuance

Job : Trade Control - Market Equity Issuance (Euro Medium-Term Notes - EMTN)

Job Title: Trade Control - Market Equity Issuance

Location: Whitefield, Bangalore

Experience: 5 to 7 Years

Notice Period: Immediate to 30 days maximum

About the Company:

Techwise Digital Private Ltd is a technology solutions provider partnering with GMO, a distinguished global investment management firm with a long-term, valuation-driven approach.

This collaboration aims to enhance GMO's operational efficiency and trade processing capabilities.

About the Role:

This is an exciting opportunity for an experienced Trade Control professional to join a dynamic team in Bangalore, supporting GMO's global trading operations.

This in-person role will be crucial in ensuring the accurate and timely processing, documentation, and control of Euro Medium-Term Note (EMTN) issuance transactions within the context of structured and exotic equity derivatives.

The successful candidate will be responsible for managing the trade lifecycle from execution to settlement, ensuring adherence to internal policies, regulatory requirements, and best practices.

Responsibilities:

- Trade Capture and Verification: Accurately capture and verify all relevant details of EMTN issuance trades, including underlying equity derivatives, ensuring alignment between trading systems, confirmations, and legal documentation.

- Confirmation Processing: Manage the timely generation, dispatch, and reconciliation of trade confirmations with counterparties, resolving any discrepancies promptly.

- Settlement Management: Oversee the settlement process for EMTN issuances, working closely with custodians, paying agents, and other relevant parties to ensure smooth and timely settlement.

- Documentation Control: Maintain meticulous records of all trade-related documentation, including term sheets, pricing supplements, legal agreements, and confirmations, ensuring they are complete, accurate, and readily accessible.

- Reconciliation and Exception Management: Perform daily reconciliations of trade data, positions, and cash flows, investigating and resolving any discrepancies or exceptions in a timely manner.

- Risk Identification and Mitigation: Identify potential operational risks within the trade lifecycle and escalate them appropriately.

- Contribute to the development and implementation of controls to mitigate these risks.

- Process Improvement: Continuously evaluate existing trade control processes and identify opportunities for improvement, automation, and efficiency gains.

- Stakeholder Communication: Effectively communicate with internal stakeholders, including traders, portfolio managers, legal, compliance, and settlements teams, as well as external counterparties, to resolve issues and provide updates on trade status.

- Regulatory Compliance: Ensure all trade processing activities comply with relevant regulatory requirements and internal policies.

- Stay updated on market practices and regulatory changes related to EMTN issuances and equity derivatives.

- Reporting: Prepare and distribute regular and ad-hoc reports on trade activity, volumes, and any outstanding issues.

- Project Participation: Participate in projects related to new product launches, system upgrades, and process enhancements within the trade control function.

- Training and Mentoring: Potentially provide guidance and training to junior team members.

Qualifications:

- Bachelor's degree in Finance, Economics, Business Administration, or a related field.

- Proven experience of 5 to 7 years in a Trade Control, Middle Office, or Settlements role within a financial institution, with a specific focus on equity derivatives and ideally experience with EMTN issuance.

- Strong understanding of the trade lifecycle for structured and exotic equity derivatives.

- Familiarity with Euro Medium-Term Note (EMTN) issuance processes, documentation, and settlement procedures.

- Experience with trade processing systems and platforms (e.g., Bloomberg, MarkitWire, internal OMS/EMS).

- Excellent understanding of financial markets, particularly the equity derivatives market.

- Knowledge of relevant regulatory requirements and market practices.

Skills:

- Strong Analytical and Problem-Solving Skills: Ability to analyze complex trade data, identify discrepancies, and develop effective solutions.

- Excellent Attention to Detail and Accuracy: Meticulous approach to work with a strong focus on accuracy.

- Effective Communication Skills (Written and Verbal): Ability to communicate clearly and concisely with various stakeholders.

- Strong Interpersonal and Collaboration Skills: Ability to work effectively within a team and build strong working relationships.

- Time Management and Organizational Skills: Ability to prioritize tasks, manage deadlines, and work under pressure.

- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).

- Adaptability and Flexibility: Ability to adapt to changing priorities and market conditions.

- Proactive and Self-Motivated: Ability to take initiative and work independently.

Benefits:

- Opportunity to work with a leading global investment management firm.

- Exposure to complex and sophisticated financial products.

- Collaborative and supportive work environment.

- Opportunity for professional growth and development.

- Competitive salary and benefits package