Global Banking & Markets Operations - Analyst

Global Banking & Markets Operations - Cleared Collateral Management - Analyst - Bengaluru

An employee within MCVO will primarily be focused on the mitigation of counterparty credit risk through the performance of a number of operational processes. They will be expected to perform these functions as well as demonstrating innovation and a proactive approach, highlighting inefficiencies, risks and implementing improvements. In addition, they will also be expected to provide a high level of service to their clients. The role will involve close interaction with a wide range of areas of the bank including Credit Risk Management, Legal and Compliance, Sales, Trading, Controllers, Middle Office, Client Representatives, Client  Clearing Services and other Operations Departments. As a result the successful candidate will be required to possess strong communication skills.

HOW YOU WILL FULFILL YOUR POTENTIAL

Calculation and issuance of margin calls, including validation and follow up, ensuring calls are met in a timely manner

Manage day to day processing of various tasks and manage risk effectively through prioritization for the business and firm

Respond to and manage incoming queries across multiple stakeholders and resolve all client disputes

Optimize clients’ operational efficiency by offering innovative yet tangible solutions that meet their needs

Communicate and connect with multiple levels of the organization

Demonstrates a strong risk management culture and continues to look for opportunities to identify and mitigate risk.

Excellent communication and interpersonal skills with a strong appreciation of client service

Proactively working on enhancing the team’s process and controls

BASIC QUALIFICATOINS

Bachelor’s degree

Strong motivation to succeed, both as an individual and as a team

Ability to work under pressure, prioritize and meet deadlines

Effective problem solving and critical-thinking skills

Ability to use discretion and good judgement

Good understanding of products, functioning and rik

Excellent communication and interpersonal skills with a strong appreciation of client service
 

PREFERRED QUALIFICATIONS

Strong analytical skills and exposure to project work

Ability to deal with multiple complex issues at the same time while meeting client deadlines

Understanding of derivatives and interest in financial markets

Ready to take on challenges with positive attitude and work in a dynamic environment

FUNCTIONAL RESPONSIBILITIES

Margin Call analysis, validation and Issuance for Futures and OTC Clearing Clients

Ensure timely and accurate settlement of of all margin movements.

Day to day Break management to ensure Ledger integrity and integrity in margin calculations

Working with Clearing Houses to ensure margin calls are covered

Optimize the margin collateral with Clearing houses by ensuring optimal buffers.

Respond to and manage incoming queries from internal and external stakeholders

Resolution and escalation of all client disputes and queries

Proactively working on enhancing the team’s process and controls

Project and initiative management