Job Description
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.
Key Middle Office principles:
• Business alignment Product expertise: Product specialists who understand business priorities and strategy, define optimal solutions leveraging industry leading facilities and influence behaviour through countenance
• Connect: Build bridges across the bank to simplify current operating model, create efficiencies and identify new opportunities
• Leadership and Market presence: Own your domain and influence product evolution, define internal standards and shape future utilities through selective industry positioning
Risk Manager: Define the standard to effectively control the T-0 business day; understand regulations, key trends, and external incidents; voice opinions and concerns; protect the bank
Role Responsibilities
• Support for Macro (FX, FXO, Rates, Commodities) Trading and Sales Desks
• Own query remediation, trade life-cycling and other day-to-day processing, ensuring timely escalation, in order to minimise risk
• Understand the trade lifecycle from front to back and be the subject matter expert and go-to person for the core systems processing
• Drive continuous improvement and innovate:
• Partner with Technology to deliver transformation
• Work with FO to identify booking model improvements and drive efficiency
• Face of Operations to Sales and Trading Desks locally primary point of contact:
• Insulate FM from post execution processing / queries, represent Operations functions
• Build team profile with the Front Office
• Stakeholder engagement, 2-way flow of information Trusted Advisor
• New business enablement and solutions, partner to deliver strategic FM initiatives
• Constantly seek opportunities to improve global consistency, work closely with the Hubs (GBS) and other regions to close gaps and standardise processes.
• Communicate with clients to solve immediate day to day issues with transactions as well as understand their longer terms needs to shape business decisions in Operations
• Build strong relationship with Hub teams (GBS) to facilitate efficient communications and speedy resolutions of issues:
• Identify and close knowledge gaps
💡 Quick Summary
Seeking a career-building opportunity? The Immediate candidates for Middle Office Specialist 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.
