Associate Director, Middle Office, Setclear

citicclsa; Pune District; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

CITIC CLSA is seeking an experienced Middle Office Manager in Pune to lead trade processing, data maintenance, FX operations and change initiatives across Asia/Europe/US shift needs.

The role requires 5+ years in securities management, strong communication, and familiarity with ALERT, OASYS, FXALL. Candidates should drive efficiency and mentor staff while navigating regulatory requirements.

Qualifications

• Minimum 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.
• Experience in Global markets or Middle Office preferred.
• Experience with Global equity markets and sell-side practices is advantageous.
• Ability to multi-task across various business and department initiatives.
• Willingness to challenge processes and suggest improvements.
• Adept with IT and able to specify business requirements for enhancements or replacements.
• Proficient in Microsoft Office and familiar with securities systems such as ALERT, OASYS, FXALL.
• Must be open to Asia/EU/US shifts as required.
• Candidate should pass Series 99 licensing examination.

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.
• Supervise and have control over the daily BAU and Projects.
• Lead projects, process and system improvements, cost and efficiency savings.
• Implement changes in work scope to meet business, organizational & regulatory needs.
• Lead and motivate team staff effectively.

Skills

Management experience

Communication skills

Interpersonal skills

Trade processing knowledge

Global markets familiarity

Middle Office experience

IT proficiency

MS Office

Tools

ALERT

OASYS

FXALL

Job description

Key Areas of 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
• 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 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

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 favorably 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.