Job Summary :
We are looking for a Trade Operations Specialist with 35 years of experience in trade processing, trade validation, settlement, and reconciliation. The ideal candidate should have knowledge of FX, OTC derivatives, and commodity products, with experience managing the end-to-end trade lifecycle and resolving trade discrepancies. Candidates should be immediate joiners, comfortable working from the Bangalore office, and willing to relocate to Chennai in 2027.
Job Description :
The Trade Operations Specialist will be responsible for accurate trade capture, validation, lifecycle management, settlement, and reconciliation across FX, OTC derivatives, and commodity products. The role requires close coordination with Front Office, Back Office, brokers, counterparties, and internal teams to ensure timely trade processing, resolve exceptions, maintain accurate records, and comply with operational controls.
Key Responsibilities :
- Trade Capture and Validation: Review and validate trade details, including trade date, settlement date, quantity, price, currency, counterparty, notional value, fees, and settlement instructions.
- Trade Lifecycle Management: Monitor trades from execution and booking through confirmation, matching, settlement, and reconciliation.
- FX Operations: Support FX Spot, Forward, Swap, NDF, and Options transactions.
- Commodity Operations: Process transactions involving precious metals, base metals, energy products, agricultural commodities, futures, forwards, swaps, and options.
- Trade Confirmation and Matching: Monitor confirmations, investigate unmatched trades, and coordinate with counterparties to resolve discrepancies.
- Settlement Management: Track outstanding trades, monitor cut-off times, and ensure timely cash or physical settlement, as applicable.
- Trade Lifecycle Events: Process trade amendments, cancellations, novations, allocations, rolls, exercises, and expiries, as applicable.
- Reconciliation: Perform daily and periodic reconciliations across internal systems, broker statements, exchange records, custodian records, Nostro accounts, general ledger, and counterparty records.
- Exception Management: Investigate trade breaks, settlement issues, and reconciliation mismatches and ensure timely resolution.
- Stakeholder Coordination: Work closely with Front Office, Back Office, Operations, clearing brokers, exchanges, and other internal and external stakeholders.
- Risk and Compliance: Maintain accurate trade records, follow operational controls, and ensure adherence to applicable procedures and deadlines.
