Skill required: Trade Processing-Settlements - Fixed Income Derivatives
Designation: Capital Markets Operations Sr Analyst
Qualifications:BCom/Chartered Accountant/Master of Financial Management
Years of Experience:5 to 8 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? Applied Technology & Operations for Markets (ATOM) is a multi-client processing on-demand service platform. A trade processing service for the trading and treasury entities of our clients that they can plug onto in parts or entirely while focusing their efforts on what differentiates them on the market.. It integrates infrastructure and IT management services with business processes execution supported by an orchestrated layer of intelligent operations assets. Reconciliation & Exception Management Trade & Cash Reconciliation Reconcile daily trade settlements between internal systems, custodians, brokers, and clearing houses.Match executed trades with confirmations received from counterparties. Investigate and resolve trade breaks, ensuring accurate settlement. 2. Settlement Matching & Break Resolution Compare internal settlement records with external custodian and counterparty records. Identify and investigate unmatched or failed trades. Liaise with front office, middle office, custodians, and brokers to resolve breaks. Escalate unresolved issues to relevant stakeholders. 3. Cash & Securities Position Reconciliation Reconcile cash balances in client and firm accounts. Verify securities positions against depositories and custodians. Identify missing funds, incorrect allocations, or overdrafts. 4. Trade Fail Management & Exception Handling Monitor failed trades and identify the root cause (e.g., mismatched details, funding issues). Process trade amendments, cancellations, or rebooking as needed. Work with counterparties to ensure timely resolution and avoid penalties. 5. Regulatory & Compliance Reporting Ensure reconciliation processes comply with regulatory requirements (e.g., CSDR, SEC, MiFID II, Basel III). Support compliance teams with audit requirements and reporting. Maintain records of reconciliations audit and regulatory checks. 6. Nostro & Depot Reconciliation Perform Nostro Reconciliation: Match bank account balances with expected cash movements. Perform Depot Reconciliation: Verify securities holdings with custodians and internal books. Investigate breaks and resolve discrepancies with finance and treasury teams. 7. Client & Internal Reporting Provide daily, weekly, and monthly reconciliation reports to stakeholders. Ensure timely updates on unresolved breaks and settlement risks. Respond to internal and external client queries regarding settlement mismatches. 8. Process Improvement & Automation Risk & Compliance Monitoring Regulatory Compliance: Ensure adherence to local and international regulations (SEC, FCA, ESMA). Monitor tax-related regulatory changes and update processing accordingly
What are we looking for? •• Post trade processing and resolving trade settlement issues in a timely and accurate manner • Strong understanding of Settlement process involving Pre-matching, Fails management, exception management & validation of Settlement Instructions - SSIs • Prematch instructions by VD-1 and liaise with agent banks to ensure our instructions are matched and resolve any agent level issue • Having sound understanding of various Derivative products such as Options, IR & CCY swaps etc... to be able to identify the discrepancy and raise it with relevant trading desk • Investigate and resolve various trade related discrepancies by interacting with brokers, custodian banks, and clients • Strong understanding of Swift Payment formats like MT 103,202,299,599 etc... • Provide support to Front Office and Middle office with daily issues, which may include troubleshooting problems arising on an ad-hoc basis or reacting to market driven demands such as prioritizing fails. • Identifying operational risks proactively and mitigating appropriately. • Ensure process documentation is relevant and updated regularly as per the audit standards • Ensuring Daily/Weekly/Monthly reporting for management • Actively support transformation and/or optimization initiatives to improve the efficiency/effectiveness of the process • Demonstrate a proactive approach to all activities and create the environment for others to emulate this behaviour • Develop strong working relationships with Sales, Trading Desks, Middle office, external counterparty and other Business teams. • Will be expected to develop credibility and a good reputation and demonstrate integrity with clients and colleagues • Ability to manage time effectively, set priorities and meet deadlines
Roles and Responsibilities: •In this role you are required to do analysis and solving of increasingly complex problems • Your day to day interactions are with peers within Accenture • You are likely to have some interaction with clients and/or Accenture management • You will be given minimal instruction on daily work/tasks and a moderate level of instruction on new assignments • Decisions that are made by you impact your own work and may impact the work of others • In this role you would be an individual contributor and/or oversee a small work effort and/or team • Please note that this role may require you to work in rotational shifts
BCom,Chartered Accountant,Master of Financial Management
