Reconciliation Controls - Asso Level 1 Sr Associate AM - Mumbai Global Delivery Center

Roles & Responsibility

Has the responsibility make sure positions are in line & guarantee that positions in booking systems are correct. Is the reference for position validation for P&L Process & IT teams for migrations or rebooking & at any time for trade support front office & back office Team is in charge of position controls & uses all the reconciliations tools available. The reconciliation is exhaustive & done on a daily basis. Assigned reports must be checked & analyzed every day.

Primary responsibilities of the team is:

1. To perform trade validation for all daily Cash Equities booking and facilitate the downstream feeding for Settlement

2. To perform as an independent control team to strengthen all the control within Global Market Operations

3. To monitor HK traders short sell position and highlight positions accurately to ensure its funded in timely manner to avoid financial losses

4. Perform Control reports and activities identifying trading violations on restricted currencies and Technical counterparties activities

5. To perform daytoday trade & position reconciliation and analyze all the breaks arisen from the related reconciliation reports to ensure proper control and measure the associated risks on all outstanding breaks. The team works closely with other Trade Support teams and Trading to ensure timely communication for any breaks identified. Main drivers are client service quality independent control operational risk safety and cost efficiency.

Accountable for endtoend transaction management lifecycle for their respective client coverage. Trade capture settlement exceptions and cash management. Classification :

Confidential Collaborate with various internal teams such as trade processing prematching settlement and margin to process transactions and resolve any exceptions on a timely manner. Respond and resolve client inquiries on a timely manner. Perform root cause analysis for respective clients in order to increase straight through process flows.

Establish and maintain relationships with high profile hedge fund clients. Work as part of the global team performing follow the sun hand offs to ensure a smooth global coverage for global clients. Partner with account management teams to help on changing client behaviours where required to smother processes. Collaborate with technology/support team to help identify internal and external facing technology improvement opportunities.

Deep understanding of UK client asset protection (CASS) and AMF custody rules (derived from MiFID). Contribute in all control plan protocols according to the local operational risk policies. The resource will be allocated to one of the areas of operation highlevel described below although to be crosstrained endtoend at one point of his/her mandate.

reconciliations,pre settlements