Senior Associate

Full Job Description
Job Description – APAC

Job Title:

Senior Associate

Date:

31sth Mar 2024

Department:

Settlements

Location:

GSO, Chennai

Business Line / Function:

Market and Financing Services

Reports to:

(Direct)

Team manager - Settlements

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

Directorship / Registration:

POSITION PURPOSE
Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the team’s goal.

He/ She will ensure the completion of daily tasks, reporting and investigation and will report directly to the Team Manager of the SFTR team. The staff will be working closely with all internal teams, Paris, London and local management as part of their daily BAU. Good functional understanding of the securities lending business is key along with basic knowledge of Settlement, Corporate Action, Collateral management, billing function related to securities lending business.

Responsibilities

DIRECT RESPONSIBILITIES
Should have strong understanding on Reconciliation process and perform all the reconciliation and reporting tasks correctly.
Identifying exceptions and out of balance situations, and liaised with internal departments as required, to reach resolution in a timely manner.
Prioritize the work and conduct investigation with due diligence on all the discrepancies/breaks and respond to all queries with in the timeframe agreed as per SLA and procedures.
Ensure all the trades reported to regulator before the deadline.
Send daily/Weekly/Monthly/Quarterly KPI reports without fail
Perform breaks reconciliation in IHSMarkit and DTCC.
Follow appropriate escalation procedures
Strictly adhere to established departmental processing procedures and controls
Anticipate issues that may adversely affect Operations and propose possible solutions.
Constantly improve business knowledge through training and multi-skilling and ensure yourself is cross-trained across various functions in the team.
TECHNICAL & BEHAVIORAL COMPETENCIES
Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.
Ability to work in a team environment in coordination with the colleagues and the mangers.
Proficient in Microsoft Office Applications and strong MS Excel skills required.
Work Experience in IHSMarkit will be preferable
SPECIFIC QUALIFICATIONS (IF REQUIRED)
NA

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Creativity & Innovation / Problem solving

Communication skills - oral & written

Client focused

Transversal Skills: (Please select up to 5 skills)

Ability to develop others & improve their skills

Ability to develop and leverage networks

Ability to develop and adapt a process

Choose an item.

Choose an item.

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 3 years

Other/Specific Qualifications (if required)


PRIMARY LOCATION

IN-TN-Chennai
JOB TYPE

Standard / Permanent
JOB

OPERATION PROCESSING
EDUCATION LEVEL

Master Degree or equivalent (> 4 years)
EXPERIENCE LEVEL

At least 3 years
SCHEDULE

Full-time
REFERENCE