Associate Director/Manager-Middle Office-Trade Support

Riverforest Connections; Pune District; On-site; INR 1,400,000 - 2,200,000; Full time

Job summary

Riverforest Connections in India seeks a Senior Middle Office Manager to lead day-to-day trade processing, data maintenance, and risk controls within securities operations.

You will manage 5-8 staff per shift, drive process improvements, mentor juniors, coordinate with traders and regional teams, and ensure timely BAU and project delivery. Strong communication and IT proficiency are essential.

Qualifications

• Minimum of 5 years of management experience in securities.
• Strong communication and interpersonal skills with multiple management levels.
• Detailed knowledge of trade processing, contracting, data maintenance, and procedures.

Responsibilities

• Trade bookings and processing.
• Trade confirmations and Contract note.
• Static and Reference Data maintenance
• FX processing
• Review and documentation of procedures, process maps.
• Support, guidance and mentoring of team members including performance appraisals.
• Active management of day to day issues and queries from internal/external parties with Escalations as necessary.
• Co-ordination with regional trade support groups, traders and customers to resolve queries / issues.
• Active participation in Change management / UAT testing.
• Reconciliation issues
• Act as an authorizer and releaser for various systems
• You must be prepared to manage people (5-8 staff per shift)
• You must be able to supervise and have control over the daily BAU and Projects
• Play a leading role in projects, process & system improvements, cost & efficiency savings etc.
• You must be able to multi-task and deliver work on time
• You must be able to train new staff and junior staff on new tasks or work development or process changes
• You must be able to implement changes in your work scope when necessary to meet business, organizational & regulatory needs
• You must be able to lead and motivate your team staff effectively
• You will need to cover whenever staffs are on leave, and to assist and/or cover other managers and the Associate Directors when required
• Escalation point for the shift, and for the Dept. when required
• Give feedback to staff in monthly 1-to-1 meetings and appraisals

Skills

Management experience

Communication skills

Multi-tasking

Team leadership

IT proficiency

Tools

ALERT

OASYS

FXALL

Job description

Roles and Responsibilities :

• Trade bookings and processing.

• Trade confirmations and Contract note.

• Static and Reference Data maintenance

• FX processing

• Review and documentation of procedures, process maps.

• Support, guidance and mentoring of team members including performance appraisals.

• Active management of day to day issues and queries from internal/external parties with Escalations as necessary.

• Co-ordination with regional trade support groups, traders and customers to resolve queries / issues.

• Active participation in Change management / UAT testing.

• Reconciliation issues

• Act as an authorizer and releaser for various systems

• You must be prepared to manage people (5-8 staff per shift)

• You must be able to supervise and have control over the daily BAU and Projects

• Play a leading role in projects, process & system improvements, cost & efficiency savings etc.

• You must be able to multi-task and deliver work on time

• You must be able to train new staff and junior staff on new tasks or work development or process changes

• You must be able to implement changes in your work scope when necessary to meet business, organizational & regulatory needs

• You must be able to lead and motivate your team staff effectively

• You will need to cover whenever staffs are on leave, and to assist and/or cover other managers and the Associate Directors when required

• Escalation point for the shift, and for the Dept. when required

• Give feedback to staff in monthly 1-to-1 meetings and appraisals

Job Requirements :

• Candidates should have a minimum of 5 years of management experience in the securities industry.

• Strong communication and interpersonal skills to interact with various levels of management.

• Detailed and working knowledge of trade processing / contracting processes, reference/static data maintenance and procedures. Candidates with direct experience in Global markets or who have Middle Office experience will be given special consideration.

• In addition to a successful career in Middle Office management, candidates with experience and knowledge of Global equity markets, practices, procedures and trends especially from the “Sell side” perspective will be favourably viewed.

• Ability to multi-task across various business and department initiatives.

• The candidate should be willing and able to challenge existing processes and procedures and suggest changes where these are felt to be appropriate and necessary.

• He/she will be adept with IT and capable of specifying business requirements for enhancements or replacements for existing or new applications.

• All candidates should be familiar with Microsoft Office and have experience in the usage operations systems/applications commonly used in securities related industry including ALERT, OASYS, FXALL etc.

• The candidate will be required to pass the Series 99 examination to obtain licensing.

• Candidate should be open to work in Asia / EU / US shifts depending on the work requirement.