Job Description

Position Type : Full timeType Of Hire : Experienced (relevant combo of work and education)Education Desired : Master of Business AdministrationTravel Percentage : 0%As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, wed like to ask you: Are you FIS?About the role:This job role requires key attention to detail, good understanding of collateral management concepts like type of collateral requirements like initial and variation margins, Listed Derivatives product understanding (Rates, CDS, Futures and Options), CCPs break investigation, Nostro breaks investigations and provide resolutions in a timely also involved good understanding of tools like excel and outlook.About the team:The primary function of the team is to perform and ensure timely covering of collateral requirements with exchanges/clearing houses per deadline and accurately recording those in internal system for exchange traded derivative. It also involved passing on the collateral requirements to client and ensuring the settlement with end client of the broker. Broker in this is the clients that FIS supports.What you will be doing:Manage the delivery of the daily collateral management activities as per the Service Level Agreements (SLAs)Ensure daily collateral requirement with clearing houses and exchange met on time using the payments systems and ensure that these gets processed without any issues.Ensure the end client collateral figures are agreed on time and settled on time as per the respective currency cut offs.Recording the daily collateral moves in respective back office systems like GMI.Ensure daily reporting are submitted on timely basis to internal and external stakeholder on various aspects like outstanding margin calls/disputed margin calls/ rolled over call for client, daily exchange/broker movements.Lead and participate in projects with regards to systemic upgrades, regulatory change, client mandated change.Identify, resolve and escalate issues in a timely manner in order to meet the required service standardsChange Management/process improvementsProactively identify areas for performance and control improvementsUnderstand the changes/amendments required in existing process functions or static for Reconciliations due to new client onboarding, market or broker changes or brokers onboarded, test the changes and ensure their implementation without any issues.Articulate business cases to management/change/IT to execute and deliver on suggested improvementsClient ServiceBuild strong relationships with all client stakeholders, end clients, client representatives, finance teams.Co-ordinate with different teams like reconciliation, clearing and static for timely response and resolution of all queries.Ensure accuracy and clarity in all deliverables to client stakeholders.Risk ManagementMonitor controls and checks associated with tasks in SOPs. Document these change in timely manner.Constantly analyse all activities to close potential risks, gaps and implement preventative/detective controlsEnsure timely escalations in the event of a risk incident or whenever management attention is needed on a potential issue.What you will need:Minimum of 2, 5, 8+ years of work experience in in Futures/Options & OTC collateral management/ bilateral collateral management process.Good understanding of systems like GMI, FBOS.Good knowledge of Clearing Houses like ASX, LCH, EUREX, ICE Clear, CME, HKEX, SGX etc.Good understanding of the trade life cycle, collateral management, upstream dependencies and how it impacts processes downstream around reconciliations so that complex queries can be addressed accurately and in a timely manner.Good understanding of exchange traded derivatives like rates, CDS, Futures and options concepts like initial margins, variation margins, options premium etc.High attention to detail and quality of outputs deliveredAnalytical and can solve problems quickly and innovativelyDynamic outlook, with the ability to adapt and change plans on the flyDelivery focused; results drivenExcellent communication and time managementQualificationsMBA Degree or equivalentCompetenciesSkill in project management, organization, communications, analytical and people skillsSkill in leading, supervising and managing effectively under pressureAbility to be comfortable interacting and maintain positive working relationship with other stakeholdersAbility to analyze business needs and determine related information services supportAbility to manage activities and problem areasAbility to delegate tasks to qualified subordinates as appropriateAbility to lead, direct and manage effectivelyAbility to operate independentlyAbility to exhibit solid decision-making and problem-solving skillsAbility to communicate effectively verbally and in writingAbility to build strategic roadmap for the function and further expansion of scope of functionsAbility to contribute towards budget saving automation ideasAbility to meet conflicting priorities by ensuring effective prioritization and meeting the business demandsAdded bonus if you have:Experience dealing with large financial services clients.Experience in Cash & Nostro Reconciliations for ETD & OTC DerivativesExperience in Trade Clearing & Lifecycle process for ETD & OTC DerivativesKnowledge of Front to Back Trade & Cash Settlement flowsWhat we offer you:
At FIS, you can learn, grow and make an impact in your career.Extensive Health Benefits Program along with the Family Protection PlanBest-in-class career mobility options across the globeAward-winning learning offerings for career developmentAdaptable home - office work modelOpportunity to work with global teams and clientsPrivacy StatementFIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the .Sourcing ModelRecruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. 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.#pridepass

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