The candidate must possess in-depth functional knowledge and apply it to operational scenarios to provide effective solutions. He/she must be able to identify discrepancies and propose optimal solutions by using a logical, systematic, and sequential methodology. Open-mindedness towards team inputs, effective leadership, control, and motivation are crucial. The candidate must be self-directed and proactive, focusing on customer satisfaction by auditing processes, implementing best practices, and utilizing available tools. Clear and concise communication is essential for clients, colleagues, subordinates, and supervisors.
The candidate must possess in-depth functional knowledge of the process area and apply it to operational scenarios to provide effective solutions. He/she must be able to identify discrepancies and propose optimal solutions by using a logical, systematic, and sequential methodology. It is vital to be open-minded towards inputs and views from team members and to effectively lead, control, and motivate groups towards company objects. Additionally, he/she must be self-directed, proactive, and seize every opportunity to meet internal and external customer needs and achieve customer satisfaction by effectively auditing processes, implementing best practices and process improvements, and utilizing the frameworks and tools available. Goals and thoughts must be clearly and concisely articulated and conveyed, verbally and in writing, to clients, colleagues, subordinates, and supervisors.
Associate Process Manager Roles & responsibilities:
- Responsible for all components of the daily settlement and funding, ensuring accurate and timely processing, through adherence of internal control policies and procedures, trade capture processes, including trade blotter reconciliations and resolution of exceptions
- Research and resolve problems relating to specific P&S transactions
- Maintains proper daily workflow documentation evidence for regulatory and compliance purposes.
- Satisfies documentation processes to ensure files are easily found, understood and are well maintained
- Daily comparison of open trade breaks and ensuring items are tracked and actioned
- Reconciliation of securities out of balances includes processing of adjusting entries
- Daily interaction with external clients on trade capture related queries
- Match trades with broker-dealer counterparts
- Monitor RTTM/GSCC (Advisories, exceptions, mismatches, and reversals)
- Monitoring of Obligation Warehouse
- Monitor Euroclear to ensure matching of all Euroclear settlement items
- Monitor local market instruction and matching on international trades
- Resolve CNS exceptions and blotter issues (money & positions)
- Work with settlements team to monitor and resolve trade breaks and fails.
- Cover BAU functions within Middle Office and Settlements team if necessary
Functional & Technical Skills:
- Bachelor's Degree in B. Com /BBM or Master’s Degree in M.Com/MBA/PGDM
- 3 to 5 years of experience in handling a team of a minimum of 10 members with experience working in Settlements and OTC Derivatives
- Should be good with logical and quantitative abilities to derive information from data.
