Credit Suisse ENO # 135132 in Pune, India
The Cleared Derivative and Control (CDC) team is a global team functional aligned across asset classes responsible for retaining control and supporting growth for the Prime Derivative Clearing business comprising Listed Futures and Options, & OTC client clearing
A typical day in this role would include supporting APAC margin function with critical payments to client/ CCPs. Monitoring Nostro accounts and ensuring their funding across various APAC market.
Ensuring all relevant regulatory reporting is completed within cut off. Handling the utility and their key tasks on Margins, regulatory and reference data.
Responsible for handling critical, time-sensitive margin settlements with clients and exchanges/CCPs/brokers for cleared derivatives products across APAC and EMEA exchanges.
Responsible to ensure margin calls with various exchanges are funded on time and clients' movements are processed accordingly
Verify and Release of payments in accordance with Global Fund Transfer policy
Investigate Nostro breaks and ensure Nostro reconciliations is completed in time
Regulatory and Compliance:
Review and submission of reports for entities in Singapore, Hong Kong and Australia to exchanges and regulators
Ensure compliance with the Bank’s Regulatory Reporting Framework
Keep abreast with changes in regulatory landscape and its implication for risk management
Responsible for static set up for accounts on the back office systems
Responsible for set up of standard settlement instructions for margin payments
Utility Oversight and Control:
This includes oversight of Utility activities, performing verification/release of margin payments, regulatory/audit face-offs and engagement on business/project initiatives.
Review and monitor outputs (i.e. KPIs, KRIs, SLAs) from our vendor partner, FIS Derivatives Utility and produce related MI reports
Monitor high risk accounts and processes, produce MI reports and promptly resolve or raise issues
Ad hoc Projects include:
Continuous improvement of the current process and procedures
Response to strategic change initiated by and affecting the departments
Participate and coordinate in project initiatives and UAT
You have Investment Banking experience of 3- 5 years in Operations in listed Derivative and OTC space
You have degree in Business, Finance or Accounting i.e. MBA/ CFA/ CA/ ICWA
you have the ability to prioritize tasks, meet deadlines and work in intraday cut off scenario
You have strong control mindset, analytical skills and high degree of accuracy is required
You have strong communication in written, verbal and presentation skills
You are able to craft strong positive working relationships across departments and vendor partners
You have flexibility to work in both APAC. EMEA and US time zones depending on responsibility allocation
Title: ENO # 135132
Requisition ID: 135132