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Markets and Securities Services
Securities Services provides robust and reliable solutions that enhance performance and mitigate risk, today and in the future. Working with institutional investors, banks, insurance companies, governments, and multinational corporations. Markets and Securities Services offers a range of fund administration, global custody, sub-custody and clearing services.
We are currently seeking an experienced professional to join the Markets and Securities Services team.
Principal Responsibilities:
- The role is within the Derivatives Team that manages the Client Trade confirmation and settlement on the Futures & Options (F&O) & the Currency Segments.
- The Role requires strong understanding of the Securities markets along with knowledge about Derivatives as a product, Trade life cycle and the relevant risk principles associated with exchange traded derivatives.
- Critical role activities involve Client trade confirmations within stringent deadlines on T date, continuous monitoring of Client Collateral, check on Margin availability, Position Limits, etc. Settlements of clients trades, open positions Mark to Market on T+1, Managing client deliverables in terms of reports, queries & Operational risk, including its identification, assessment & mitigation control.
Major Challenges:
- Managing services and identifying risk areas within the area of control to meet and beat customer expectations
- Ensure that the activities are done accurately and before the cut offs.
- Ensure Staff development and motivation.
- Anticipating future client requirements and developing the capabilities to meet the same
- To operate flexible systems
Role Context:
- The Indian capital market is complex and hence it is extremely challenging to continuously offer superior service and flawless execution to our customer base, which are very demanding large institutional clients.
- Additionally, the Custody / Derivatives business is extremely competitive where a single client win / loss can result in revenue worth millions of USD getting impacted. The size of transaction intensifies the operational risks and small error can lead to financial and reputation impact. The custodian, including the operations section, is expected to be a partner to the client through the close liaison with CSV.
