Markets Support Specialist

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• →The desired candidate will be responsible to supervise Daily, Weekly, Monthly trade support controls listed in the Single Process Inventory (SPI), constantly facing off to challenging and time sensitive requests from the Front-Line Units. Additionally receive requests from Internal/External Auditors, Regulators, Other Risk/P&L Stake Holders, and Other Operations teams.
• →Primarily responsible for supervision of governance and controls across various regulatory requirements for Global Market Operations applicable in the region (Ex – Govt Securities Dealer (GSD), TRACE, Qualified Financial Controls (QFC), Volcker 2.0 to name a few)
• →Work in a fast-paced environment with direct communications with Seniors in Global Markets Trading Desk and Sales where Timeliness, Completeness and Accuracy in execution is of paramount importance.
• →The desired candidate will face off to Front-line Units (FLU) managers for any trade booking (Linear & Non-Linear), variation in risk, trade flow, trade settlement and trade documentation related issues.
• →Work with Front Line Units in reviewing and signing off New Products Readiness reviews for Trading from an Operations standpoint. Incorrect booking or trading of Non-Approved Products could result in Incorrect risk/PL/Collateral implications.
• →As a regional lead, coordinates efforts across teams to facilitate Trade Compressions, Book Moves and Mergers and Other Risk Optimization events to enhance Balance Sheet Utilization when requested by FLU. The team actively is engaged on Industry Events such as benchmark rate changes, settlement date changes and other Industry events.
• →Guiding and managing professional across NY and India is crucial for the long-term stability and health of the team.  The candidate will be responsible to determine workload, assess skills (both present and in need of development) and set goals that are meaningful and achievable for associates to contribute to the team.  It is crucial to balance current and desired skill sets to maximize engagement and long-term productivity.
• →Participate in Daily US Treasury Auctions Participation for both House and Customer Bids. The candidate ensures all bids from House and Customer are effectively and timely communicated to the Fed during the auction window.
• →Coordinates efforts across teams to facilitate Trade Compressions, Book Moves and Mergers and Other Risk Optimization events to enhance Balance Sheet Utilization when requested by FLU. The team actively is engaged on Industry Events such as benchmark rate changes, settlement date changes and other Industry events.
• →Working with Technology teams to constantly review current trade flows deficiencies, review existing controls and work with Front Line Units and Tech to enhance controls and develop new tools/controls, where found appropriate.
• →Build a Risk culture within the teams where teams constantly review trade flow, control gaps/deficiencies, escalate and debate. Team is encouraged to raise Self-Identified Audit Issues where applicable to be able to structurally resolve existing control gaps.
• →Driving Operational Excellence within the team is an integral part of his role. Working with the team in Identifying potential opportunities, memorializing the ideas and working with the technology teams and trade control management in prioritizing solutions.

• 1 to 2 years of experience in the trade control/fixed income operations
• Should possess a strong understanding of derivatives products to provide SME (Subject-Matter Expert)-level support.
• Should possess strong understanding of laws, rules and regulations surrounding Global Markets/Fixed Income Trade Control (Ex- Govt Sec Dealers, TRACE, CFTC Part 43/45, Volcker 2.0 etc)
• Solid understanding of basic financial concepts such as time value of money, interest rate, mark-to-market, and time series modeling
• Detail-oriented to operation trade flow, data entry, and data reconciliation
• Ability to liaise across multiple functional teams to drive issue resolution.
• Ability to quickly analyze and make decisions in the event of a problem.
• Ability to quickly grasp new industry practices and create/document new processes.
• Strong organizational skills and ability to effectively prioritize multiple tasks.
• Excellent Excel reporting-related skills
• Must be client focused with proven track record of excellent communications and interpersonal skills with the ability to present to an audience.
• Ability to successfully navigate and connect within a matrix work environment
• Proactive thought leadership to identify and deliver process improvements and efficiencies.
• Must be self-motivated and able to work independently.
• Must be able to operate successfully in a fast-paced environment.

• Attention to Detail
• Written Communications
• Data Collection and Entry
• Oral Communications
• Record Keeping
• Recording/Organizing Information
• Strategic Thinking
• Active Listening
• Decision Making
• Negotiation