India Branch Market Operations (Trade Confirmation) - Analyst

Security Capital Research; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

JP Morgan Chase India is seeking a Trade Confirmations Analyst in Market Operations Mumbai. You will manage confirmations for FX and derivatives trades, ensuring accuracy and on-time settlement, while collaborating with front office, operations, legal and counterparties.

You will validate trade details, investigate unmatched trades, and support regulatory reporting, audits, and process improvements in a fast-paced environment.

Qualifications

• Bachelor’s degree or equivalent.
• Minimum 3 years of experience in trade confirmations or FX/derivatives operations.
• Working knowledge of Indian regulatory requirements for FX and derivatives.
• Strong attention to detail in reviewing trade terms and settlement details.
• Analytical and problem-solving skills to investigate breaks and resolve issues.
• Clear communication and collaboration with internal teams and counterparties.

Responsibilities

• Issue and match electronic or bilateral confirmations, checking terms and settlement details.
• Investigate and resolve breaks related to terms, reference data, settlement instructions, or documents.
• Ensure executed trades are complete and confirmations are sent on time; follow up on aged or unconfirmed trades.
• Work with front office, middle office, reference data, onboarding, legal, technology, and counterparties to resolve issues.
• Complete control checks, maintain supporting evidence, and assist with audits and regulatory requests.
• Prepare and review reports on volumes, ageing, break reasons, and counterparty trends, and follow up on identified issues.
• Support process and automation improvements that increase straight-through processing and reduce manual work.
• Support new products, system changes, and control enhancements, including user acceptance testing and procedure updates.

Skills

Trade confirmations

Foreign exchange operations

Derivatives operations

Attention to detail

Analytical problem solving

Communication & collaboration

Regulatory requirements knowledge

Education

Bachelor’s degree or equivalent

Job description

Join Market Operations at India Branch and help ensure trades are confirmed accurately and on time. You will work with front office, operations, technology, legal, and counterparties to resolve issues and keep trades moving. You will also support process improvements and strengthen controls in a fast-paced environment.
As a Trade Confirmations Analyst in Market Operations, you will manage confirmations for corporate and interbank foreign exchange and derivatives trades. You will validate trade and settlement details, investigate unmatched or unconfirmed trades, and work with internal teams and counterparties to resolve breaks. You will apply relevant Indian regulatory requirements and support controls, reporting, audits, and system or process changes.

Job responsibilities

• Issue and match electronic or bilateral confirmations, checking trade terms and settlement details.
• Investigate and resolve breaks involving trade terms, reference data, settlement instructions, or documentation; escalate and record outcomes within agreed timelines.
• Check that executed trades are complete and confirmations are sent on time, following up on aged or unconfirmed trades.
• Work with front office, middle office, reference data, onboarding, legal, technology, and counterparties to resolve issues.
• Complete control checks, maintain supporting evidence, and assist with audits and regulatory requests.
• Prepare and review reports on volumes, ageing, break reasons, and counterparty trends, and follow up on identified issues.
• Support process and automation improvements that increase straight-through processing and reduce manual work.
• Support new products, system changes, and control enhancements, including user acceptance testing and procedure updates.

Required qualifications, capabilities, and skills

• Bachelor’s degree or equivalent.
• Minimum 3 years of experience in trade confirmations, foreign exchange operations, derivatives operations, or a related financial services role.
• Working knowledge of Indian regulatory requirements relevant to foreign exchange and derivatives operations.
• Strong attention to detail when reviewing trade terms, settlement details, and supporting documents.
• Analytical and problem-solving skills to investigate breaks and support timely resolution.
• Clear communication and collaboration skills when working with internal teams and external counterparties.
• Ability to manage deadlines, follow procedures, escalate issues, and maintain accurate records.
• Understanding of operational risk and control requirements.

Preferred qualifications, capabilities, and skills

• Experience with corporate or interbank foreign exchange and derivatives confirmations.
• Familiarity with electronic trade matching platforms and automation tools.