Treasury HQ Transaction Service - Lead Analyst - Middle Office
GENERAL ELECTRIC GE Vernova
Location
Tamil Nadu | India
Job description
Job Description Summary
Job Description
Job Description Summary
The role, Lead Analyst - Middle Office, is a member of the Treasury team of GE Vernova HQ. Treasury is responsible for GE Vernova’s activities within Financial Reporting and Risk, Exposure Management, Trade Finance, Corporate Finance, Business Treasury, Insurance and Transaction Services.
The Lead Analyst-Middle Office will be responsible for APAC operations, including managing the settlement and confirmation process of foreign exchange (FX), debt, interest rate risk, commodity exposures, static data setup, and FX payment operations, as well as cash pool monitoring and settlements. Utilize prior experience and expertise to execute functional capabilities and define future strategies.
This position will work closely with the Front office, Regional Treasury, Global Liquidity Management, GE Vernova business teams, External Banks, Tax, Legal, Risk and other operational functions as required.
This is a Team lead role and will report into the Trade & Middle Office Leader.
Job Description
Roles and Responsibilities
Responsible for efficient processing, booking, settlement, and reconciliation of APAC Trade deals executed by Front Office dealer, regional business team and global liquidity management team.
Oversee APAC trade operation team
Assist in cash pool monitoring & settlement processes
Assist in documenting procedures, SOPs and process maps for the middle office process
Initiate and/or approve FX payments as needed to support Middle Office processes
Establish regular rhythm of communication and engagement at appropriate business levels; provide status of any ongoing issues and gather feedback
Develop consistent metric reporting for trade and intercompany settlement. Gather data for monthly KPI reporting
Ensure all proper controls / SOPs are being followed to ensure successfully settlement, timely resolution of issues and adequate data capture
Coordinate with banks, treasury, FX brokers and business teams to trouble shoot any settlement issues
Support in static data management in Quantum for FX hedging, commodity, Interest rate swaps, FX payments 360t, CitiDirect, external counter party setup and group limit setup
Ensure coordination with other regional Middle Office teams, to ensure global standards for Middle Office operations and FX payments are met.
Be an ambassador for creating a LEAN culture that facilitates adequate segregation of duties, risk mitigation and operational efficiency. Actively seek out improvement opportunities within GE Vernova Treasury Transactions Services org and drive LEAN initiatives to increase project efficiency and drive down cost.
Ensure compliance of risk and control framework to mitigate process gaps and settlement failures
Ensure compliance for all external and internal regulatory reporting
Acts as Peer Leader and provides guidance to other team members
Other activities as assigned by people leader
Required Qualifications
Master’s or bachelor’s degree in Finance, Accounting, or Business Administration
3+ years of relevant experience and strong product knowledge in Trade process, including foreign exchange , Commodity , Time deposit
Desired Characteristics
Excellent problem solving and troubleshooting skills
