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Middle Office Specialist

3.00 to 5.00 Years   Mumbai City   06 Aug, 2021
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

  • Trade capture and life cycling of structured products.
  • Understanding and learn to manage query remediation, trade life-cycling and other day-to-day processing, ensuring timely escalation, in order to minimise risk
  • New business enablement and solutions, partner to deliver strategic FM initiatives:
    • Drive Operational readiness
  • Local management of:
    • Hubs: Drive global alignment and consistency, Follow The Sun support
    • Local Market: standardize where applicable, tailored processes/controls
  • Operations representation for external/internal and regulator scheduled audits:
    • Ensure Audit points are addressed within timelines
  • Drive continuous improvement and innovate:
    • Partner with Technology to deliver transformation
    • Work with FO to identify booking model improvements and drive efficiency
  • Be up to date and ensure compliance with regulatory requirements
  • Adherence to Ops Risk Framework standards of implementation and process management.
Business
  • Financial Markets Middle Office was set up in 2016 to deliver first class trade support, business enablement and accurate / timely trade representation in order to meet obligations to clients, counterparties and regulators. We are product and process subject matter experts aligned to the Global Financial Markets business providing follow the sun support, a continuous improvement mindset and industry connectivity.
Regulatory & Business Conduct
  • Display exemplary conduct and live by the Group s Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Lead to achieve the outcomes set out in the Bank s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Our Ideal CandidateMinimum Qualifications:
  • University degree preferred
Required Skills:
  • 3+ years experience and proficient knowledge of Financial products (FX, FXO, Rates, Treasury Market) in terms of product characteristics, risk, market data and P&L.
  • Expert knowledge of FXO and Rates structured product preferred.
  • Analytical mindset
  • Strong inter-personal skills:
    • Confident communicator - able to adapt style to Front Office and offshore colleagues
  • Demonstrate strong teamwork with internal and external groups
  • Thrive on working in fast paced environment while maintaining attention to detail
  • Fast learner with the ability to think out of the box and provide solutions
  • Proficient in Excel (pivots, lookups and basic VBA an advantage)
,

Keyskills :
subject matter expertsmarket datafront officemiddle officetrade supportfinancial marketsfinancial productscontinuous improvementconditional formatting

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