Core Operations Job Description
Core Operations Duties & Responsibilities
To write an effective core operations job description, begin by listing detailed duties, responsibilities and expectations. We have included core operations job description templates that you can modify and use.
Sample responsibilities for this position include:
Core Operations Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Core Operations
List any licenses or certifications required by the position: CCNP, SP, CCIP, CCNA, PMP, PMI, CISCO, LINUX, UNIX, HCNP
Education for Core Operations
Typically a job would require a certain level of education.
Employers hiring for the core operations job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Finance, Computer Science, Engineering, MBA, Technical, Education, Accounting, Mechanical Engineering, Industrial
Skills for Core Operations
Desired skills for core operations include:
Desired experience for core operations includes:
Core Operations Examples
Core Operations Job Description
- Handle daily variation margin process for exchange trade derivative positions
- All US and non-US equity, fixed income and derivative securities utilizing Central Trade Matching, Oasys Direct, TradeSuite and/or DerivServ platforms or manual means of trade confirmation
- Reconciliation of OTC products on Triresolve application
- Proactive follow up with counterparties to resolve discrepancies in trade confirmation process
- Handle margin settlement process
- Assists the Supervisor with the daily trade completion/execution function by reviewing daily work and addressing and resolving technical and logistical issues as they occur, thereby ensuring the accuracy of the Trading systems, and technical quality and timeliness
- Inserts, matches and confirms equity, fixed income, derivative, foreign exchange and Fund of Funds trades manually or utilizing appropriate systems
- Manual entry of Fund of Fund orders and other deals directly onto Settlement platform
- All securities utilizing Central Trade Matching platform
- All securities utilizing Markit Trade Processing platform
- Ensure all components are regularly backed up
- Front Office Support experience
- Experience of supporting a 24x7 business critical process
- Experience with Linux, DB2, Sybase
- Experience of batch processing / scheduling
- Experience of shell programming including Bash
Core Operations Job Description
- Foreign Exchange (Spot and Forward deals) utilizing CLS platform
- Assist the Supervisor with the daily trade completion/execution function by reviewing daily work and addressing and resolving technical and logistical issues as they occur, thereby ensuring the accuracy of the Trading systems, and technical quality and timeliness
- Resolve intersystem breaks
- Assist Analysts in complex collateral validation issues
- Check derivative trades related payments processed by Analysts (collateral movements, resets, upfront payments, interests )
- Work with SDM, FTT and external parties to validate the instructions setup ensuring timely and accurate processing
- Resolve escalated and complex trade execution/completion problems
- Review daily work in accordance with department’s review checklists
- Oversee the daily work of Analysts to ensure timely and accurate processing on all functions
- Assist supervisor in staff and workflow planning to ensure proper coverage of daily work within a specified line group
- Working knowledge of critical authentication systems including AD and DNS
- Managing teams with Global accountability and responsibility
- Understand key regulatory changes that impact derivative operations
- Perform daily processing responsibilities focused around counterparty credit risk, OTC trade confirmation, and the operational functions required to comply with and handle a wide scope of derivative legal agreements
- XenApp v6.5
- Presentation Server 4
Core Operations Job Description
- Review metric reporting prepared by team analysts for quality, accuracy and completeness
- Assist the Supervisor with coordinating Operational Support efforts including assisting with training, troubleshooting and coordination of group testing efforts
- Interface with GSCS leads to understand and refine business plans such that they align with the global GTI strategy
- Conceptualize the Core Banking user Forum which ensures transparency and stability with respect to meeting the increasing demand on the Finacle Core Banking application
- Reach out business heads from different locations to identify initiatives/success stories/best practices to present and adaptable to different locations
- Conduct periodic application usage survey to identify common concerns and take it forward for regional solution, business case approval and implementation
- Formulate task force comprising representatives from operations and business users for application documentation
- Conduct periodic user forum conference/meetings
- Identify opportunities to be standardized across locations, present to forum and receive agreement from stakeholders to proceed with regional proposal, business case approval and implementation
- Ensures that the demand management for innovations on Finacle are appropriately funnelled and adequately scrutinized for appropriate fitment with the business architecture in-order to maintain the stability of the environment
- XenDesktop v5
- Experience with Attivio, GEMFIRE, Visual Basic
- Experience of delivering software to thousands of users
- Experience of front-line support
- Experience of software development
- Degree/Diploma in Computer Science, Telecommunications, Computer Network Engineering, or Electrical Engineering with eligibility for registration as a licensed professional engineer or equivalent industry certification
Core Operations Job Description
- Ownership for the seamless integration of new Clients into Banking (& Branch) Operations
- Responsibility and accountability across Operations for multiple client deals simultaneously
- Co-ordination of impact assessment and readiness activities across all relevant Operations teams for products and services in scope for each deal
- Regular interaction with Sales, Product, Service, Implementations & Technology to ensure personal visibility for deals being managed broader visibility of Client Onboarding function
- Ability to balance and consider client requirements with the broader Operations picture in order to support the right solution for all
- A trusted adviser who is seen by stakeholders and partners as always ‘doing the right thing’
- Active input and support through all stages of the deal lifecycle - UAT, PVT, Ramp Up
- Early recognition and escalation of issues which are likely to impact the client/deliverables in any shape or form
- Timely identifications and escalation of issues which could impact Client satisfaction, or conflict with Operations risks and controls
- Use of team tools to ensure deal progress managed comprehensively, provision of meaningful updates for inclusion in management reporting and general communications
- Experience and adequate exposure to a UMTS/HSPA/LTE and/or CDMA/EVDO networks
- Familiarity with various Microsoft Office Applications, and Windows/Unix environments
- Previous experience with process improvement initiates and documentation of such processes
- Is able to quickly adapt and learnt fast to a continuously changing work environment
- Bilingual (French/English) would be a definite asset
- Knowledge on CISCO products (ciscos/switches) or CCNA certified
Core Operations Job Description
- Proactive approach to continuous improvement in order to find better ways of doing things
- Develop, implement and maintain policies, standards and procedures to ensure adherence to regulatory, industry and internal policies
- Develop a strong culture of operational controls and procedures, ensuring all operational and credit risk management procedures are in place and effective
- Establish Service Level Objectives (SLOs) and Key Performance Indicators (KPIs) used to measure service performance to ensure levels of service across all departments are consistent
- Ensure that Business Continuity Plan (BCP) is in place and understood by all staff in the event of a work interruption
- Responding to inquiries and resolve trade related issues for internal and external clients
- Ensure TSAs act upon instructions received from the Portfolio Analytics Group and/or Portfolio Management to complete timely creation of block trade orders
- Ensure TSAs identify and exclude accounts that might be exemptions for the particular trade order (i.e., accounts with negative cash)
- Ensure TSAs work closely with Operations Staff to monitor accounts that may need to be added or removed from block orders (i.e., new accounts, terminations or transfers.)
- Ensure TSAs monitor and trouble shoot restrictions encountered on block orders
- Travel may be required for trainings, meetings and business continuity events
- Professional qualification or graduate level courses in finance, accounting or management will be viewed favorably
- Good understanding of Financial Services Operations including the investment management products (Fixed Income, Equity, FX and Derivatives) and systems (OMGEO products, MISYS, and Bloomberg)
- Ability to work on multiple deadline oriented tasks
- Good market and financial services operational knowledge
- 1-2 years solid experience in the financial services industry