Trade Operations Specialist – FX & Commodities | (Relocating to Chennai, 2027)

SAM Manpower and Career Services LLP; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

SAM Manpower and Career Services LLP is seeking a Trade Operations Specialist based in Bangalore, with a future relocation to Chennai in 2027. The role involves managing the full trade lifecycle across FX and commodity products, from capture to settlement and reconciliation, with an office-based schedule Monday to Friday.

The ideal candidate will have 3–5 years in trade operations or related functions, strong FX knowledge, and attention to detail to meet strict cut-off times.

Qualifications

• 3–5 years of experience in trade operations, trade support, settlements or reconciliations at a financial services operations hub.
• Working knowledge of FX products (Spot, Forward, Swap, NDF, Options) and commodity products is desirable.
• Strong grasp of the trade lifecycle, confirmation/matching processes and nostro/cash reconciliation.
• Graduate degree in Commerce, Finance, Economics or related field.
• Ability to work under strict cut-off times and maintain accuracy.

Responsibilities

• Review trades and ensure accurate capture in trading and risk-management systems.
• Validate trade economics including dates, quantity, price, currency, counterparty and settlement instructions.
• Process trades within cut-off times and correct missing or incorrect data.
• Monitor lifecycle stages from execution to settlement and reconciliation.
• Coordinate with Front Office, clearing brokers, exchanges and operations teams.

Skills

FX knowledge

Trade lifecycle understanding

Attention to detail

Relocation willingness

Education

Bachelor's degree in Commerce/Finance or related field

Job description

Role Overview

We are hiring a Trade Operations Specialist to manage the full trade lifecycle across FX and commodity products, from trade capture through settlement and reconciliation. The role is based in Bangalore, works from the office Monday to Friday, and will move to Chennai in 2027. Candidates must be open to relocating to Chennai when the transition happens.

Key Responsibilities

Trade Capture & Validation

• Review trades executed by Front Office teams and make sure they are captured accurately in trading and risk-management systems.
• Validate trade economics: trade and settlement dates, buy/sell indicator, quantity, price, currency, counterparty, instrument, notional value, brokerage/fees, and settlement instructions.
• Find incorrect, incomplete or missing trade data and work with Front Office or other teams to get it corrected.
• Process trades within the applicable cut-off times.

Trade Lifecycle Management

• Monitor trades through execution, capture, enrichment, confirmation/affirmation, matching, settlement, reconciliation and lifecycle events.
• Track outstanding trades and make sure they move through each lifecycle stage on time.
• Process amendments, cancellations, novations, allocations, rolls, exercises and expiries.
• Keep accurate records of trade status and exceptions.

Commodity & FX Operations

• Validate quantity, price, currency and delivery/settlement terms for commodity and FX trades.
• Process physical and cash-settled transactions.
• Monitor commodity trade confirmations and matching.
• Coordinate with Front Office, clearing brokers, exchanges and Operations teams.

Reconciliations

• Perform daily and periodic reconciliations of positions, cash and settlements across front-office trading systems, operations platforms, custodian records, broker statements, exchange/clearing records, nostro accounts, the general ledger and counterparty records.

Qualifications

• 3-5 years of experience in trade operations, trade support, settlements or reconciliations at an investment bank, custodian bank or global capital markets operations centre.
• Working knowledge of FX products (Spot, Forward, Swap, NDF, Options) and commodity products (precious and base metals, energy, agricultural commodities, futures, forwards/swaps, options, OTC).
• A good grasp of the trade lifecycle, confirmation/matching processes and nostro/cash reconciliation.
• A graduate degree in Commerce, Finance, Economics or a related field.
• Strong attention to detail and comfort working against strict cut-off times.

Candidate Profile

• Immediate joiner, available to join before 30 October.
• Willing to relocate to Chennai in 2027 when the role moves.
• Comfortable working from the office five days a week (Monday to Friday).
• Hands-on with exception management and able to coordinate across Front Office, brokers and clearing houses.