Openings For FX Settlements - Senior Analyst @ eClerx Services

Job description-

Roles & Responsibilities

• Regular monitoring of trading system to ensure trades match and are flowed in a timely manner
• Interfacing with clients, brokers and traders for resolving trade discrepancies or cases not recognized by either of the parties
• Updating fixing rates of NDF currency pairs
• Coordinating with Back Office's Settlement Team
• Keeping a check on mailing system to ensure all cliental mails are replied to within the designated time schedule
• Escalating risk/aged items or client service related issues via defined escalations channels
• Establishing relations with clients, brokers, vendors, etc. to secure repeat business
• Ensuring:
• Control procedures are adhered at all times including the "2 Man Booking Rule" for manually booked trades
• Trade amendments are confirmed independently with both parties (Client & Broker)
• Conducting EoD checks to verify the positions and notifying the same to stakeholders in case of discrepancies
• Carrying out meetings to explain objectives & for streamlining processes to ensure smooth functioning of the process
• Organizing training sessions for new recruits using systematic training plan in order to make them familiar with the processes and objectives of the organization
• Preparing and presenting Monthly Business review to clients
• Designing training manuals, flow charts, training schedule and course documents as per current industry trends
• Contract comparison and settlement with counterparties

• Securities lending and borrowing reconciliation
• Resolving the breaks & updating the same in the systems
• Liaising with traders as part of trade support team
• Settlements of accounts at the month end especially High billing
• Ensure that breaks are resolved within defined timelines
• Researching on trades which are not recognized by CP
• Reduce failing trades and increase settlement efficiency
• Escalating risk items or Counterparties/client service related issues via defined escalations channels
• MIS, reporting of operational and trading exposures to management.
• Maintain established productivity levels as per SLA and ensure that all established procedure