Credit Suisse
Pune, India
Sep 22, 2019
Oct 03, 2019
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
We Offer
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
Role Requirement 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
Reference Data:
  • 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 Offer
  • 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