Operations Analyst

Squarepoint Capital; Bengaluru; On-site; INR 1,800,000 - 2,500,000; Full time

Job summary

Squarepoint Capital in Bengaluru seeks an experienced OTC Derivatives Middle Office professional to oversee trade capture, confirmations, settlements, reconciliations, and position lifecycle events. The role focuses on managing validation, maintenance, affirmation, and settlement processes to ensure accuracy and regulatory compliance.

The candidate will handle corporate actions across APAC and EMEA, perform position and cash reconciliations, and drive process improvements across the

Qualifications

• 5–7 years in an OTC middle/back-office role with trade processing and reconciliations.
• Experience across OTC products including swaps, forwards, and FX settlements.
• Ability to assess corporate actions impact on P&L and SOD processes.
• Strong written and oral communication and cross-functional collaboration.
• Experience with process improvements and system enhancements.

Responsibilities

• OTC derivatives middle office operations: trade capture, confirmations, settlements, reconciliations, and position lifecycle events.
• Manage validation, maintenance, affirmation, settlement, and reconciliation of OTC trades.
• Validate, process, and settle periodic events to ensure lifecycle integrity.
• Perform position and cash reconciliations.
• Affirm trades in MarkitWire with counterparties to reduce risk.
• Monitor T+0 trade capture exceptions.
• Process corporate actions for APAC and EMEA regions.

Skills

Trade processing

Reconciliations

P&L impact analysis

Communication

Process improvement

Relationship building

Tools

Excel

MarkitWire

CTM

Traiana

NYFIX

Bloomberg

Job description

Position Overview:

• The primary focus of this role will be on OTC Derivatives Middle Office operations, with responsibilities encompassing derivative trade capture, trade confirmations, settlements, reconciliations, and position life-cycle events within the firm.
• Manage all aspects of OTC Derivative trade validation, maintenance, affirmation, settlement, and reconciliation.
• Validate, process, and settle all periodic events to ensure the integrity of the entire trade life cycle.
• Perform position and cash reconciliations.
• Perform trade affirmation in MarkitWire with counterparties to minimize risk.
• Monitor T+0 trade capture exceptions.
• Process corporate actions for APAC and EMEA regions.

Required Qualifications:

• 5–7 years of experience in an OTC Middle/Back-Office role, covering trade processing, collateral, confirmations, settlements, cash, position, and trade reconciliations.
• Demonstrated proficiency across all types of OTC products, including equity swaps, credit default swaps, variance swaps, options, asset swaps, interest rate swaps, forwards, MBS, FX settlements.
• Proven ability to assess the impact of corporate actions on P&L and start-of-day (SOD) processes.
• Demonstrated proficiency in all calculations required to support products within the applicable asset class coverage.
• Ability to establish and maintain strong organizational relationships that foster a productive and collaborative work environment.
• Excellent written and oral communication skills.
• Experience working on system and process improvements, as well as new business initiatives.
• Proficiency in relevant applications, including Excel, MarkitWire, CTM, Traiana, NYFIX, and Bloomberg, as required to excel in this role.