Back Office - Listed Derivatives Clearing Reconciliations - APAC EMEA

FIS; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary

Professional education and development

Career development tools

Diverse, global team environment

Job summary

FIS in Mumbai is seeking an experienced Clearing and Trade Lifecycle Analyst to manage daily futures and options clearing, ensure timely lifecycle processing, and uphold SLA commitments. The role demands attention to detail, strong knowledge of front-to-back clearing processes, and the ability to work with global exchanges.

You will collaborate with cross-functional teams, lead process improvements, monitor controls, and provide timely resolutions to risk events while maintaining client service

Qualifications

• 3–10+ years work experience in Futures and Options trade clearing.
• Good understanding of major clearing houses (ASX, LCH, EUREX, ICE Clear, CME, HKEX, SGX).
• Front-to-back understanding of clearing function and related upstream dependencies.
• Detailed knowledge of exchange-traded derivatives (Futures & Options) and OTC products.
• High attention to detail, strong analytical and problem-solving skills.
• Dynamic, delivery-focused mindset with strong communication.

Responsibilities

• Manage daily clearing activities and ensure SLAs are met.
• Ensure top day trade clearing and allocations for global exchanges within deadlines.
• Process lifecycle events like expiries and corporate actions accurately.
• Submit timely regulatory reporting and resolve breaks before submission.
• Lead projects on system upgrades, regulatory changes, and client-driven changes.
• Identify and escalate risks, improve controls, and drive cost-saving initiatives.
• Maintain strong stakeholder relationships and provide timely feedback.

Skills

Trade clearing knowledge

Analytical thinking

Communication skills

Time management

Education

MBA Degree or equivalent

Tools

GMI

ASX

LCH

EUREX

ICE Clear

CME

HKEX

SGX

Job description

Job Description:

Position Type

Full time

Type Of Hire

Experienced (relevant combo of work and education)

Clearing and Trade life cycle Mgmt (Analyst, Senior Analyst)

As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, we’d like to ask you~ Are you FIS?

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Are you curious, motivated, and forward-thinking? At FIS you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun.

About The Team

The primary function of the role will be to perform and ensure timely trade clearing as per exchange deadline and accuracy in lifecycle event processing as per the agreed SLA’s.

This job role requires key attention to detail, good understanding of Top day Clearing function, Listed Derivatives product understanding, Lifecycle events on Futures and Options, CCPs break investigation and provide resolutions in a timely manner.

What You Will Be Doing

• Manage the delivery of the daily Clearing activities as per the Service Level Agreements (SLAs)
• Ensure top day trade clearing and trade allocations for global exchanges are performed within the exchange deadlines
• Lifecycle event processing like Expiries, Average pricing, corporate action
• Ensure daily regulatory reporting are submitted on timely basis to exchange and any breaks are resolved prior to submission
• Lead and participate in projects with regards to systemic upgrades, regulatory change, client mandated change
• Identify, resolve and elevate issues in a timely manner to meet the required service standards
• Change Management/process improvements
• Proactively identify areas for performance and control improvements
• Constantly analyze productivity/output to identify potential enhancements or cost savings
• Articulate business cases to management/change/IT to execute and deliver on suggested improvements
• Guide/encourage team to propose solutions and take ownership of changes
• Client Service
• Build strong relationships with all stakeholders (retained team/management/business)
• Co-ordinate timely response and resolution of all queries
• Ensure accuracy and clarity in all deliverables to stakeholders
• Provide constant feedback to stakeholders to improve our service offering
• Provide an effective link between industry platform providers and the participant firm in terms of knowledge transfer and decision making
• Risk Management
• Monitor controls and checks associated with tasks in SOPs. Document these change in timely manner
• Constantly analyze all activities to close potential risks, gaps and implement preventative/detective controls
• Ensure timely escalations in the event of a risk incident or whenever management attention is needed on a potential issue
• Business/Industry landscape awareness
• Keep abreast of all industry changes/advancements especially with regards to the development of industry tools and regulations
• Awareness and communication of impact to utility management – generate action plans to develop positive outcomes/mitigate negative outcomes from changes
• Understand business risks/impact and elevate to management where necessary

What You Bring

• Minimum of 3 -10+ years of work experience in Futures and Options trade clearing function
• Good understanding of street wide system like GMI
• Good knowledge of Clearing Houses like ASX, LCH, EUREX, ICE Clear, CME, HKEX, SGX etc
• Front to back understanding of the Clearing function, upstream dependencies and how it impacts processes downstream around reconciliation, margin and brokerage, so that complex queries can be addressed accurately and in a timely manner
• Detailed understanding of exchange traded derivatives (Futures & Option and OTC products)
• High attention to detail and quality of outputs delivered
• Analytical and can solve problems quickly and innovatively
• Dynamic outlook, with the ability to adapt and change plans on the fly
• Delivery focused; results driven
• Excellent communication and time management
• Strong client service focus

Qualifications

• MBA Degree or equivalent

Competencies

• Skill in project management, organization, communications, analytical and people skills
• Skill in leading, supervising and managing effectively under pressure
• Ability to be comfortable interacting and maintain positive working relationship with other stakeholders
• Ability to analyze business needs and determine related information services support
• Ability to manage activities and problem areas
• Ability to delegate tasks to qualified subordinates as appropriate
• Ability to lead, direct and manage effectively
• Ability to operate independently
• Ability to exhibit solid decision-making and problem-solving skills
• Ability to communicate effectively verbally and in writing
• Ability to build strategic roadmap for the function and further expansion of scope of functions
• Ability to contribute towards budget saving automation ideas
• Ability to meet conflicting priorities by ensuring effective prioritization and meeting the business demands

Added Bonus If You Have

• Experience dealing with large financial services clients
• Experience in Front Office Execution desk processes for ETD & OTC Derivatives
• Experience in Position & Cash Reconciliation for ETD & OTC Derivatives
• Knowledge of Front to Back Trade & Cash Settlement flows

What We Offer You

• A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities
• A broad range of professional education and personal development possibilities – FIS is your final career step!
• A competitive salary and benefits
• A variety of career development tools, resources and opportunities

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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