FIS India | Back Office - Listed Derivatives, Clearing, Reconciliations - APAC/EMEA

Responsibilities

• The primary function of the role will be to perform and ensure timely trade clearing as per exchange deadline and accuracy in lifecycle event processing as per the agreed SLA’s.
• This job role requires key attention to detail, good understanding of Top day Clearing function, Listed Derivatives product understanding, Lifecycle events on Futures and Options, CCPs break investigation and provide resolutions in a timely manner.
• FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.
• Clearing and Trade life cycle Mgmt (Analyst, Senior Analyst)
• Manage the delivery of the daily Clearing activities as per the Service Level Agreements (SLAs)
• Ensure top day trade clearing and trade allocations for global exchanges are performed within the exchange deadlines.
• Ensure daily regulatory reporting are submitted on timely basis to exchange and any breaks are resolved prior to submission.
• Lead and participate in projects with regards to systemic upgrades, regulatory change, client mandated change.
• Identify, resolve and escalate issues in a timely manner to meet the required service standards
• Guide/encourage team to propose solutions and take ownership of changes
• Build strong relationships with all stakeholders (retained team/management/business)
• Ensure accuracy and clarity in all deliverables to stakeholders
• Provide constant feedback to stakeholders to improve our service offering
• Provide an effective link between industry platform providers and the participant firm in terms of knowledge transfer and decision making
• Monitor controls and checks associated with tasks in SOPs. Document these change in timely manner.
• Ensure timely escalations in the event of a risk incident or whenever management attention is needed on a potential issue
• Keep abreast of all industry changes/advancements especially with regards to the development of industry tools and regulations

Requirements

• Minimum of 3 -10+ years of work experience in Futures and Options trade clearing function.
• Good understanding of street wide system like GMI.
• Good knowledge of Clearing Houses like ASX, LCH, EUREX, ICE Clear, CME, HKEX, SGX etc.
• Detailed understanding of exchange traded derivatives (Futures & Option and OTC products).
• Analytical and can solve problems quickly and innovatively.
• Dynamic outlook, with the ability to adapt and change plans on the fly.
• Excellent communication and time management.
• Skill in project management, organization, communications, analytical and people skills.
• Skill in leading, supervising and managing effectively under pressure.
• Ability to be comfortable interacting and maintain positive working relationship with other stakeholders.
• Ability to analyze business needs and determine related information services support.
• Ability to manage activities and problem areas.
• Ability to delegate tasks to qualified subordinates as appropriate.
• Ability to lead, direct and manage effectively.
• Ability to exhibit solid decision-making and problem-solving skills.
• Ability to communicate effectively verbally and in writing.
• Ability to build strategic roadmap for the function and further expansion of scope of functions.
• Ability to contribute towards budget saving automation ideas.
• Ability to meet conflicting priorities by ensuring effective prioritization and meeting the business demands.
• Experience dealing with large financial services clients.
• Experience in Front Office Execution desk processes for ETD & OTC Derivatives.
• Experience in Position & Cash Reconciliation for ETD & OTC Derivatives.
• Knowledge of Front to Back Trade & Cash Settlement flows.
• Strong client service focus.
• Ability to operate independently

Fidelity National Information Services, Inc. (FIS)

FIS began in 1968 in Little Rock, Arkansas, as Systematics, a software company for banks. After passing through ALLTEL Information Services, the business was bought by Fidelity National Financial in 2003 and renamed Fidelity Information Services. It is now Fidelity National Information Services, headquartered in Jacksonville, Florida, with shares listed on the New York Stock Exchange. FIS provides banking and payment technology and processing services to banks and capital markets firms. It entered India in 2003, and its Indian centre, with locations including Bengaluru and Chennai, builds technology and runs operations for clients around the world.

Its openings in India are in Pune and sit in financial services operations rather than corporate finance. They cover loan syndication for CLO and CDO products on night shifts, middle office loan syndication and reconciliations, and a senior client service and support role needing about twelve years of experience. Other roles ask for two to seven years in investment banking or syndicated loan operations. Postings ask for a bachelor's or master's degree in commerce, finance, accounting or business administration, and none names CA, CMA or CFA specifically.

• Industry: Financial technology: banking and payment technology, processing services and capital markets solutions for banks, businesses and investment firms
• Headquarters: Jacksonville, Florida, United States (listed on the NYSE as FIS)
• In India: Global capability centre in India since 2003, with operations in Bengaluru, Chennai and Pune