Manager, Middle Office, Setclear

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

Job summary

CITIC CLSA is seeking an experienced Middle Office/Operations leader in Pune to manage day-to-day trade processing, confirmations and data integrity. You will mentor a 5–8 person team per shift, drive process improvements, and collaborate with regional groups to resolve issues.

The role requires licensing (Series 99) and flexibility for Asia/EU/US shifts. The candidate should bring a strong background in global markets, sell-side practices, and proficiency in Microsoft Office and securities

Qualifications

• Candidates should have 5+ years of management experience in securities.
• Strong communication and interpersonal skills across management levels.
• Experience with trade processing, contracting, reference/static data maintenance and procedures.
• Series 99 examination for licensing is required.
• Willingness to work Asia/EU/US shifts as required.

Responsibilities

• Oversee trade bookings, processing, confirmations and contract notes.
• Manage static/reference data maintenance and FX processing workflows.
• Lead and coach a team (5–8 staff per shift) and conduct monthly 1-to-1s and appraisals.
• Champion change management, UAT testing and process improvements.
• Act as an escalation point for the shift and department; coordinate with traders and customers.

Skills

People management

Change management

Mentoring

Multi-tasking

Staff training

Communication skills

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 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.

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.

Stay informed on CITIC CLSA Job Opportunities Not the right fit? You can create a job alert to receive our latest job openings that meet your interest. CITIC CLSA provides global investors and corporate executives with insights, liquidity and capital to drive their growth strategies. Award-winning research, an extensive Asia footprint, direct links to China and highly experienced finance professionals differentiate our innovative products and services in asset management, corporate finance, equity and debt capital markets, securities and wealth management. As part of CITIC Securities (SSE: 600030, SEHK: 6030), China’s leading investment bank, CITIC CLSA is uniquely positioned to facilitate cross-border capital flows and connect China to the world and the world to China. CITIC CLSA operates from 13 countries across Asia, Australia, Europe and the Americas. For further information, please visit http://www.clsa.com.