Trading Operations Specialist

IMC is seeking a Trade Operations Specialist to join the Operations / Mid Office team. The Operations Specialist will identify, investigate, and reconcile trade, position, and cash exceptions by working directly with trading desks and clearing firms / clearing corporation.

Your Core Responsibilities: 

• Daily EOD processing
• Managing daily exchange pay-in & pay-out obligations
• Upload / providing reports for compliance purposes
• Providing reports to Traders & Mid office
• Operation of DP pool account and beneficiary account for Pay-in and SLBM obligations
• Hands-on Experience on Clearing corporation (NCL & MCXCCL) portals for collateral management
• Interaction with vendor for updation in software as per latest SEBI regulations
• Ensuring timely and regular reporting to exchanges / clearing corporations and other regulators
• Own the daily P&L substantiation, reconciliation and daily management re porting
• Reconcile trading fees with exchanges
• Ensure all current Middle Office operations processes and procedures are the most efficient and effective via continuous review
• Collaborate with our Back Office / Business Intelligence IT team on specifications and improvements to middle office applications and tools
• Provide operational support to trading desks
• Perform ad hoc portfolio analysis and project work as needed
• Arrange cash transfers to meet margin call and funding requirements
• Work with the finance team on month end accounting booking.

 

What makes It Fun:

• You’ll enjoy the unique opportunity to work side-by-side with Traders, while also gaining a high-level understanding of the business, through the many day-to-day, cross-functional Middle Office relationships
• We strive to create strong teams with strong individuals. You will learn a lot from your peers and will continue to develop your skills and business knowledge as the business grows and changes
• You will learn about financial markets. We know from experience that a lot of people really enjoy learning about a field beyond their immediate area of expertise, it’s one of the things that makes this job more interesting than others
• We employ a broad range of people with varying backgrounds. What they have in common are their superior technical expertise, their extraordinary smarts, and their collaborative approach.

 

Your Skills and Experience: 

• Academic degree in Finance, Technology and Data Analytics is preferred
• 4 years of working experience in a similar role
• Experience with trade settlement with clearing firms – must
• Ability to adapt and embrace technologies
• Strong problem-solving skills, and a habit of improving processes
• Ability to combine strong tactical and analytical thinking skills
• Tenacious, dynamic and curious personality with strong interpersonal skills
• Motivated, proactive with a hands on mentality
• Excellent written and verbal communication skills in English.