Bond and CDS Middle Office – Senior Analyst

Master Mind Consultancy; Mumbai; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Master Mind Consultancy in Mumbai seeks a Bond and CDS Middle Office – Senior Analyst with 3 to 5 years of experience to oversee trade validation, reconciliation, and lifecycle management across Bonds, CDS, and related instruments.

You will mentor junior analysts, drive process improvements, and manage reporting, controls, and settlement workflows to ensure data quality and timely deliveries.

Qualifications

• Strong experience in financial markets operations, particularly Bond and CDS Middle Office functions.
• Good understanding of the trade lifecycle, trade validation, reconciliation, and settlement processes.
• Knowledge of Bonds, Equity, CDS, CDS Index, IRS, and Convertible Bonds.
• Experience in reporting, exception management, data quality monitoring, and risk and control frameworks.
• Understanding of settlement workflows, static data management, and trade valuation issues.
• Strong analytical, problem-solving, and root cause analysis skills.

Responsibilities

• Oversee trade validation, reconciliation, and lifecycle management across Bonds, Equity, CDS, CDS Index, IRS, and Convertible Bonds.
• Prioritize and resolve trader queries, investigate discrepancies, and escape complex or high-risk trades.
• Mentor junior analysts and drive process improvements, operational efficiency, and control enhancements.
• Manage reporting and analytics for options expiry, bond maturity, credit checks, broker validations, linked/unlinked trades, and repo margining.
• Monitor reporting accuracy, timeliness, data quality, and exception resolution across deliverables.
• Oversee reconciliation controls, including TLM, Data Quality Engine (DQE), gateway monitoring, and Front Office exceptions.
• Investigate red flags, analyse root causes, monitor key risk indicators (KRIs), and elevate control breaches.
• Manage settlement workflows, including pre-settlement checks, invoice reconciliation, bond setup, and valuation fail investigations.
• Coordinate with Trading, Operations, and other stakeholders to resolve settlement and trade-related issues.
• Establish quality standards and strengthen operational controls across middle office activities.

Skills

Bonds

Derivative Operations

CDS

IRS

Validation

Reconciliation

Job description

Bond and CDS Middle Office – Senior Analyst

Job ID : OOJ - 4470

Posted Date : 22/10/2026

Job Domain : -

Work Experience (Years) : 3-5

Job Type : Permanent

Overview :

Job Title: Bond and CDS Middle Office – Senior Analyst
Experience: 3 to 5 Years
Location: Mumbai
Roles & Responsibilities

• Oversee trade validation, reconciliation, and lifecycle management across Bonds, Equity, CDS, CDS Index, IRS, and Convertible Bonds.
  
• Prioritize and resolve trader queries, investigate discrepancies, and escape complex or high-risk trades.
  
• Mentor junior analysts and drive process improvements, operational efficiency, and control enhancements.
  
• Manage reporting and analytics, including options expiry, bond maturity, credit bond checks, broker validations, linked/unlinked trades, and structured repo margining.
  
• Monitor reporting accuracy, timeliness, data quality, and exception resolution across deliverables.
  
• Oversee reconciliation controls, including TLM, Data Quality Engine (DQE), gateway monitoring, and Front Office exceptions.
  
• Investigate red flags, analyse root causes, monitor key risk indicators (KRIs), and elevate control breaches.
  
• Manage settlement workflows, including pre-settlement checks, invoice reconciliation, bond setup, and valuation fail investigations.
  
• Coordinate with Trading, Operations, and other stakeholders to resolve settlement and trade-related issues.
  
• Establish quality standards and strengthen operational controls across middle office activities.

Requisites

• Strong experience in financial markets operations, particularly Bond and CDS Middle Office functions.
  
• Good understanding of the trade lifecycle, trade validation, reconciliation, and settlement processes.
  
• Knowledge of Bonds, Equity, Credit Default Swaps (CDS), CDS Index, Interest Rate Swaps (IRS), and Convertible Bonds.
  
• Experience in reporting, exception management, data quality monitoring, and risk and control frameworks.
  
• Understanding of settlement workflows, static data management, and trade valuation issues.
  
• Strong analytical, problem-solving, and root cause analysis skills.

Skills : Bonds,Derivative Operations,CDS,IRS,Validation,Reconciliation