Senior Analyst - Global Markets

eClerx; Mumbai; On-site; INR 600,000 - 1,000,000; Full time

Job summary

A global business services leader in Mumbai is seeking a Senior Analyst to handle cash flow confirmation and reconciliation. The ideal candidate should have 2-4 years of experience in settlements and be proficient in Excel. Responsibilities include communicating with global counterparties and managing discrepancies in cash flows. Applicants must hold a relevant degree and possess knowledge of financial products. This role offers a chance to work with leading Fortune 500 clients and contribute to innovative projects.

Qualifications

• 2 to 4 years of experience in Settlements, Reconciliation, Payments & Nostro.
• Understanding of pre and post settlements activities.
• Ability to communicate effectively with global counterparties.

Responsibilities

• Confirm cash flows and resolve discrepancies.
• Understand cash flow confirmation and processing.
• Handle reconciliation of breaks with fails.

Skills

Strong communication skills

Experience in Settlements

Understanding of cash flows

Excel proficiency

Knowledge of financial products

Education

Graduation (B.Com./BBA/BBM/BCA)

Post Graduation (CA/M.Com./MBA/MCA/PGDM)

Tools

DTCC

CLS

MarkitWire

Job description

Job Description

The ideal candidate must possess strong communication skills, with an ability to listen and comprehend information and share it with all the key stakeholders, highlighting opportunities for improvement and concerns, if any. He/she must be able to work collaboratively with teams to execute tasks within defined timeframes while maintaining high-quality standards and superior service levels. The ability to take proactive actions and willingness to take up responsibility beyond the assigned work area is a plus.

Senior Analyst Roles & Responsibilities

• Should have understanding of Pre Settlements activities, like: Cash flow confirmation with counter parties, affirmation of cash flows in system, cash flow processing, SSI update / correction / upload, etc.
• Should have understanding of Post Settlements activities, like: Fails Management, Breaks resolution, Reconciliation of breaks with fails, etc.
• Should have understanding of SWIFT messages used in Cash Settlements, like: MT103, MT202, MT210, etc.
• Should be aware of client money use & its implications
• Should be aware of electronic confirmation platforms like Markitwire, DTCC, CLS, etc.
• Should have basic product knowledge for Fixed Income, CDS, IRS, Equity Swaps, Equity Options, FX Forward, FX Options, Equity Accumulators, FX accumulators, Nostro Reconciliation
• Should able to communicate effectively with global counterparties and trade support groups to confirm cash flows/resolve discrepancies & breaks
• Should have hands on experience on Excel (Basic as well as Advance)
• Financial Products Knowhow: Fixed Income (Interest Rate Swap & Credit Default Swaps), Equity Swaps, Equity Options, FX Forward, FX Option, NDF, Accumulators, etc
• EMEA (1 PM to 10 PM IST) / NAM (6:30 PM to 3:30 PM IST)

Functional & Technical Skills

• Minimum Academic Qualifications: Graduation (B.Com./BBA/BBM/BCA) / Post Graduation (CA/M.Com./MBA/MCA/PGDM)
• Experience Span: 2 to 4 years of experience in Settlements, Reconciliation, Payments & Nostro
• Tools/industry utilities: Preferred hands-on & understanding of DTCC, CLS, MarkitWire, ALERT, etc.

About Us

At eClerx, we serve some of the largest global companies – 50 of the Fortune 500 clients. Our clients call upon us to solve their most complex problems, and deliver transformative insights. Across roles and levels, you get the opportunity to build expertise, challenge the status quo, think bolder, and help our clients seize value.

About The Team

eClerx is a global leader in productized services, bringing together people, technology and domain expertise to amplify business results. Our mission is to set the benchmark for client service and success in our industry. Our vision is to be the innovation partner of choice for technology, data analytics and process management services. Since our inception in 2000, we've partnered with top companies across various industries, including financial services, telecommunications, retail, and high-tech. Our innovative solutions and domain expertise help businesses optimize operations, improve efficiency, and drive growth. With over 18,000 employees worldwide, eClerx is dedicated to delivering excellence through smart automation and data-driven insights. At eClerx, we believe in nurturing talent and providing hands-on experience.

eClerx is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, or any other legally protected basis, per applicable law.