Location
Mumbai | India
Job description
About Edelweiss:
Edelweiss is one of India's leading diversified financial services Group. Edelweiss offers a large range of products and services spanning across asset classes and consumer segments. Its businesses are broadly divided into Credit including Retail Finance and Debt Capital Markets, Commodities, Financial Markets, Asset Management and Life Insurance.
The group's research driven approach and proven history of innovation has enabled it to foster strong relationships across corporate, institutional, and individual clients.
The firm's culture promotes entrepreneurship, encouraging employees to display high levels of initiative, hunger for learning, be self-driven and urge to take on additional responsibility. We recognize and nurture talent, which also reflects in the way learning is embedded in our DNA and has been a constant feature of the Edelweiss culture.
Working with Edelweiss means constantly challenging your own capabilities to reach newer heights. Edelweiss considers itself as a 'young' organization and defines young as hungry for growth and driving that hunger through innovation and creativity- our core values.
About Global Markets SBU:
Global Markets SBU represents the Treasury business of Edelweiss. The SBU manages the firm's excess capital, striving to deliver superior risk adjusted returns. Global Markets SBU has been an integral part of the Edelweiss growth story and has been at the forefront of innovation ever since derivatives were launched in India in 2001 and till date thrives on being the market leaders in several of its market segments.
At Edelweiss Global Markets, we believe no one should just do a job. Everyone should find their calling, their passion and work towards it. When that happens, it is truly magical. We strive to achieve that for our people. A culture driven organisation, that has stood the test of time, we are proud of the growth people have achieved at early stages in their careers in our business. We look for people who bring a sense of ownership and passion, and when this is combined with the stimulating environment in our teams, it results in success stories of people who have built careers to be proud of!
To know more about us, visit-
Job Purpose:
- This role is responsible for handling the entire trade lifecycle of a Structured Product once the trade is executed in the markets by the Trading team.
- The role will act as a single point of contact servicing all the internal stake holders i.e. Trading Team, Sales Team ,Compliance, Risk, Finance, Client servicing for this product and external stake holders like Regulators (SEBI, RBI), Depositories, Exchanges, Rating agencies and Registrar & Transfer Agents.
- This role is responsible for managing daily operational activities including compliance and risk reporting for the structured products operation desk.
- The responsibility of this position is to manage UAT and Projects deliverables as per agreed time frame and with 100% accuracy.
- Periodic Reports and letters to the client and distributors & quick response to the client's queries
Key Responsibilities:
- Ensure smooth functioning of the daily BAU and operations with timely and accurate reporting. Capable of handling entire lifecycle of trades.
- Handling queries from various clients and distributors in quick TAT.
- Detail new projects and development to the developers
- Ensure cross-training and complete backups for each processes and activities
- Ensuring Reconciliations are done at regular intervals and error free
- Ensure that all activities of the SP operations are being performed as per agreed procedures and practices.
- Timely and accurate reporting to Regulator, Exchange and external clients.
- Handle audit queries and provide data required from internal and external auditors (RBI auditors)
- Ensure timely escalation and resolution of any identified issues
- Proactively look for opportunities to improve process, system and close control gaps
- Partner with Technology for systems enhancement and projects within prescribed timelines
- Provide monthly, quarterly & yearend data to the various stakeholders of structured product desk
Qualifications Experience:
Functional Competencies
- Sound understanding of operations for a fixed income or debt trading desk with multiple stake holders to manage
- Sound understanding of debt / fixed income product
- Good understanding of controls across the trade life cycle of instruments
- Understanding of clearing and payment mechanisms, systems and market practices
- Ability to adapt in a dynamic environment
Behavioral Competencies
- Team player
- High attention to detail
- Ability to work under strict deadlines and pressure
- Good written and verbal skills
- Good decision making and prioritization skills
Job tags
Salary
