Global Markets Operations Job Description
Global Markets Operations Duties & Responsibilities
To write an effective global markets operations job description, begin by listing detailed duties, responsibilities and expectations. We have included global markets operations job description templates that you can modify and use.
Sample responsibilities for this position include:
Global Markets Operations Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Global Markets Operations
List any licenses or certifications required by the position: CAMS
Education for Global Markets Operations
Typically a job would require a certain level of education.
Employers hiring for the global markets operations job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Business, Finance, Economics, Mathematics, Management, Engineering, Accounting, Communication, Technology, Financial Services
Skills for Global Markets Operations
Desired skills for global markets operations include:
Desired experience for global markets operations includes:
Global Markets Operations Examples
Global Markets Operations Job Description
- Assist staff and managers with keeping incident logs and statistics updated for Sr
- You will be required to handle day-to-day activities in the MM, FX and derivatives back office, which includes accurate trade capture, validation, counterparty confirmation, settlements, tracking and monitoring, exception reporting
- You will participate in various process/productivity improvement initiatives and new products/system implementations
- Drives the implementation of innovative business change solutions, including Product and Division-wide initiatives
- Oversight of the control environment and monitoring of Key Risk Indicators, in partnership with the offshore teams in order to provide the Business with an effective and efficient support model
- Collate and review MIS and present back to the Business, regional and product manager
- Minimum of 5 years Equity Derivatives product experience, specific to the Middle Office/Operations function
- Accountable for delivery
- Able to influence change across reporting lines and functions
- Able to work in virtual teams and matrixed organizations
- You need to have strong understanding of accounting principles and effective communication and team working skills
- Job requires the Series 99 (Operations Professional) or other qualified license as outlined by FINRA, and performs covered functions on behalf of a broker/dealer
- Manages a team or multiple teams in a global markets operations support function in product areas
- Manages operations regulatory compliance functions that typically have a high level of regulatory risk, monetary exposure and loss potential due to transaction size and daily production windows, which can impact client relationships
- Manages daily activities ensuring adherence to deadlines and quality assurance standards and adherence to procedures and regulatory requirements
- Requires full working knowledge of global markets operations functions and specific products/services managed across multiple legal entities
Global Markets Operations Job Description
- Management and co-ordination of complex client requests including fund restructures, launches and transitions
- Project management for new client on-boardings for account openings, market and tax documentation
- Product maintenance for new accounts relating to client facing technology entitlements
- Management of business driven programs to support regulatory, product and business change
- Strong oversight over regulatory requirements to ensure compliance
- Able to be an agent for change across the organization
- Strong working knowledge of industry standard derivative agreements (ISDAs, MCAs, CSAs, ) and terms contained within
- Creation and dissemination of daily, weekly, and monthly reporting
- Moderate to high level of direct client interaction
- Strong understanding of the different trade channels (cleared vs
- Ability to prioritize daily exchange & CFTC reporting queries and effectively providing prompt & concise corrections to issues, investigation summary
- Reconciliation of Ledger accounts to ensure correct entries posted by the system
- 2 years+ relevant experience on Bonds & Repo trade processing support / settlement preferred
- Coordinate settlement requests from clients for netting, split payments
- Minimum 1 year experience in operational control/ capital markets operation/ project management / internal control or audit will be considered
- Fresh graduate with internships experience may also be considered
Global Markets Operations Job Description
- To supervise portfolio reconciliation and collateral dispute in line with company policy
- To assist peers for the issues and queries related to day to day work by communicating with other relevant departments including Business, Risk, Legal, Middle office and Back office in Tokyo and other locations
- To communicate with external clients in good manners
- Other Ad-hoc projects/assignments
- To contribute to collateral management team in sharing your knowledge and skills with other members
- Operations are an integral part of the control framework including for AML/FS topics
- Responsible to processing of Bonds, Paper, Repo, Reverse Repo, Structured products for APAC markets
- Responsible to processing of Agency Function particular on Certificate Deposit/Investment Issuance and Paying Agent activities
- Monitoring and investigating irregularly item on account balance or account entries
- Checking and validating accounting adjustment
- Supervising her/his subordinates closely and giving guidelines
- Ensuring all confirmation sent out to clients in line with the standard
- Review items in Order Account and Suspense Account and ensure no irregular items
- Assist team head to reviewing the daily workflow and control
- Process and review internal and external system enhancement and development which impact Bond team daily processing
- Answering enquiry from counterparties, front office and local back office
Global Markets Operations Job Description
- To issue and monitor margin calls in accordance with the terms of collateral agreements for OTC
- To answer incoming collateral calls sent by clients comparing them to BNP’s calculation
- To verify that all manual adjustments are captured prior to margin call processing
- To input collateral movement into the Bank’s Collateral System (Algo)
- To perform portfolio reconciliation and investigate and report collateral dispute
- To handle issues and queries related to day to day work by communicating with other relevant internal departments including Business, Risk, Legal, Middle office and Back office
- To perform daily control (Security coupon payment, collateral dispute ) for APAC (including Japan) agreements
- Booking (when it is not STP) of all operations instructed by the client and follow up of the trades (reconciliation, CoA, secondary event, .)
- Answering and resolving Trader’s queries in timely and efficient manner
- Fully contribute to daily production tasks
- Ensure that risk assessment / mappings and control plans are regularly reviewed and updated for Global Market Operations
- Ensure that L2 controls are regularly conducted as per the prescribed frequency
- Ensure that control results are timely and accurately reported in control tool (Orus etc) and in any relevant OPC governance committee
- Conduct regular "Know your controls" sessions for Global Market Operations
- Ensure that there is no overdue recommendation / finding from IG and/or from any other external / internal control instance
- CFA/FRM candidates is an advantage
Global Markets Operations Job Description
- Ensure relationships are established and managed with support and business partners (operations, technology, support, business, finance, compliance, legal)
- In charge of supervising the team
- Training and development of staff, providing direct feedback / coaching using the skills matrix
- Ensure the team is aligned with internal policies & comply with all compliance and regulatory requirements
- In charge of monitoring new business initiatives and/or contribute to them
- Handle the issues and queries relating to the day to day work, communicating with other relevant departments incl
- Escalate issues as required and appropriate
- Effective communication with external clients
- Collaborating with the manager, participate in projects that further improve on current procedures
- Reconcile monthly RCM and VRC MAP and Reserves during EOM process
- Experience as a manager is a must
- Solid PC Skills (MS Office, the ability to program in VBA will be an advantage)
- Good English communication skills (written & spoken)
- The successful candidate will also ideally be able to speak Japanese
- Above 2 Years working experience in related banking and finance fields
- Postgraduates and professional qualifications preferred