.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. Derivative Operations provides operational support across the CIB covering eight key product areas including FX, OTC Derivatives, Collateral Principal, 3rd Party Derivatives, Cleared Derivatives, Agency Collateral, Billing and CASS with 1,+00 employees. Services provided to our Businesses include: Transaction Processing Confirmation, Settlement and Clearing, Collateral Management, Client Service, Invoicing and CASS Support Typical daily activity includes settling in excess of $217B via FX trading, leading a Markets OTC portfolio of 2.5M trades, servicing 200 3rd party clients, performing 10,000 margin calls, processing 470k cleared and intermediated trades and producing +,000 invoices OTC Derivatives Operations supports a global and diverse client base. Primary functions performed: affirmation, settlement, client money daily segregation, credit event management, client valuations, regulatory reporting, and tax reporting. Facilitate transaction execution via a best in class systematic control framework, providing integration between risk systems (Athena, GPS, Kapital, Pyramid) and vendor platforms (DTCC / TIW / Markitwire / Thunderhead). Manage a portfolio of 2.5M live trades Monthly settlement of 600,000 payments (100% increase vs. 300,000 in 2010) 70,000 Dodd Frank MTM and client valuation statements issued on a daily basis We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, ****** orientation, age, marital status, veteran status, or disability status. Location Description Mumbai is one of our largest locations within India. Finance is a passion here, and we've been respected in the city since 1+22. Mumbai is one of India's most attractive cities with beautiful parks, avenues and impressive buildings. Parts of the city are amongst the most modern and westernized areas of India. We have seven sites in Mumbai, and each one offers private canteens, large break rooms and state-of-the-art facilities. Our teams here are business drivers. You can join them as you learn and grow. Join us, and you too can be part of it. Job Description Person will be responsible for Margin calls management, Regulatory adherence for all upcoming NCMR regulations, cross LOBs metrics and projects and building the culture of Continuous Improvement supporting business across Back Office, Middle offices as well as Global teams. The individual will be interacting with multiple Operations & technology teams within the organization to (re)design process. Summary of Responsibilities Daily Margin Exchange - Same day settlement/Exception management MTM Breaks: Including Data Quality, strategic projects etc. Continuous Focus on deep dive and fixing on upstream issues to keep the breaks to minimum. Resolving Breaks with Middle Offices/Credit risk/VCG etc. UAT testing Key role in regulatory compliance CFTC, EMIR, NCMR, MIFID etc. Improving controls in the process & ensure 100% accuracy and compliance to Regulatory rules Collateral Dispute Management Strategic automation projects Skills and Qualifications Graduate or Post-Graduate
💡 Quick Summary
Seeking a career-building opportunity? The CIB|MarginCollateral Spec| IV|Operations Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.