Vice President - Equities Trade Management - Middle Office/Trade Support - Investment Banking

VP-Equities Trade Management

We have an immediate opening with one of our leading firm for Mumbai location.

Job Description - Equities Trade Management

Functional Job Title : Trade Management Manager

Corporate Job Title : Vice President.

Process Overview :

- The team has responsibilities for supporting the sales and trading activities across the globe from a Reconciliation and Control perspective. The team's main goal is to maintain daily controls and proactively improve processes controls.

- We are specifically seeking people who have knowledge in trade support and control with at least 3-5 years- experience.

Product Coverage :

Derivatives, Securities, Bonds, Convertible bonds, stock borrow and loan, equity swaps, interest rate swap, OTC options, FX, Listed Options, Futures, Forwards, Variance Swaps, CDS and other Structured derivative products.

Roles & Responsibilities :

- Maintain oversight of daily controls and reconciliation functions for derivative & cash trades.

- Investigate exceptions and liaise with multiple teams across Front Office, Middle Office, Back Office, and technology teams to get the exceptions resolved.

- Perform root cause analyses on new issues or control gaps.

- Escalate issues for any urgent matters or assistance.

- Overseeing the data gathering process, analyze the data and report MIS utilizing the various data source.

- Produce time sensitive daily reports with actionable data to Front Office, Middle Office or Back Office for break resolutions.

- Provide detailed business control metrics to management on a daily basis.

- Build and maintain strong working relationships with all global teams and be an SME on Reconciliations and Controls.

- Continuously participate in projects involving; new product rollout, new system implementation, process improvements, etc.

- Ensure all controls and checks are completed on End of Day.

- People management and ability to drive large program initiatives.

Skill sets Required:

- Proven management record.

- Strong product knowledge; thorough understanding of the end to end transaction cycle for derivative products.

- Excellent verbal and written communication skills. The individual should have been in a role that required daily and extensive communication directly with FO Sales & Marketing groups.

- Ability to drive results through a "hands-on" approach.

- Ability to work in a high-pressure environment with time critical deliveries.

- Control mindset to identify process control gaps, prioritize & mitigate operational risk.

- Excellent time management skill and ability to prioritize work effectively.

- Proactive in problem-solving and developing solutions.

- Ability to respond to a changing environment.

- Be innovative and suggest system improvement capabilities.

- Ability to multi task, ensuring the trades are booked correctly, breaks are resolved and MIS being sent to managers on deadlines.

- Solid business judgments and positive attitude.

- Creates and/or contributes to an environment of collaboration and mutual responsibility

- Good understanding of the downstream impact of actions undertaken, particularly the requirement for strong and timely controls throughout the life cycle of the trade.

Min Required Qualifications / Experience :

- Graduate/PG with 8-10 years of experience in an investment banking environment, preferably in Middle Office / Trade Support.

- Degree holder in Finance / Economics or other related disciplines (preferable).

- Strong proficiency with PC software. Knowledge of MS VBA and SQL would be an asset.

Shift Timings :

EMEA [12 pm IST to 10 pm IST] - supporting mainly EMEA region and need to work this time zone due to the need for coverage.

Travel :

- Flexibility for travel to across locations within short notice