OTC Settlements - Nomura Operations

Job Title: OTC settlements Operations

MAKE AN IMPACT

Innovative thinking, delivery excellence and thought leadership to help our clients transform their business. Together with our clients and industry partners, we deliver disruptive work that is changing energy and financial services.

#BEYOURSELFATWORK

Capco has a tolerant, open culture that values diversity, inclusivity, and creativity.

CAREER ADVANCEMENT

With no forced hierarchy at Capco, everyone has the opportunity to grow as we grow, taking their career into their own hands.

Role & Responsibilities

High level activities performed

• Pre-Matching
• Affirming cash-flow economic details with counterparties
• Discrepancy Resolution:
• Closely liaising with counterparties & MO’s to identify & resolve discrepancies
• Funding projections
• Effective coordination with Cash Management for correct funding projections
• Agent Queries:
• Working efficiently with nostro agent banks for critical payments & receipts
• Fails Management
• RCA & resolution of failed settlements in Gloss Cash
• Nostro Reconciliation
• Resolving assigned nostro breaks
• DCC Reconciliation •Expected (FOS Systems) v/s Actual (BO Systems)
• MIS Reporting
• Daily & Weekly MIS to ensure client focus & to mitigate associated risks.

Role & Responsibilities

Learn the Settlements process thoroughly and deliver results.

• Follow everything that is mentioned in the SOP from a process standpoint. Address any issues, concerns timely and ensure the daily activities are not compromised.
• Maintain record of every transaction / trade processed to evaluate process guidelines in the case of Audit and or Claims No financial or non-financial errors to be committed Timely escalation and address queries / issues with the right audience To interact with internal clients (like traders / middle offices) and external counterparties.
• Should take initiatives within and outside the team to enhance individual / process development.
• Also get cross trained and learn another function outside the team.
• Focus on process improvement initiatives and share ideas with the AM's / Managers Ensure Attendance is regular, no unplanned leaves and punctuality maintained while starting and finishing work.
  • Personal development areas to be addressed and worked upon.