Job Title: Bond and CDS Middle Office – Senior Analyst

Experience: 3 to 5 Years

Location: Mumbai

Roles & Responsibilities

• Oversee trade validation, reconciliation, and lifecycle management across Bonds, Equity, CDS, CDS Index, IRS, and Convertible Bonds.
• Prioritize and resolve trader queries, investigate discrepancies, and escalate complex or high-risk trades.
• Mentor junior analysts and drive process improvements, operational efficiency, and control enhancements.
• Manage reporting and analytics, including options expiry, bond maturity, credit bond checks, broker validations, linked/unlinked trades, and structured repo margining.
• Monitor reporting accuracy, timeliness, data quality, and exception resolution across deliverables.
• Oversee reconciliation controls, including TLM, Data Quality Engine (DQE), gateway monitoring, and Front Office exceptions.
• Investigate red flags, analyse root causes, monitor key risk indicators (KRIs), and escalate control breaches.
• Manage settlement workflows, including pre-settlement checks, invoice reconciliation, bond setup, and valuation fail investigations.
• Coordinate with Trading, Operations, and other stakeholders to resolve settlement and trade-related issues.
• Establish quality standards and strengthen operational controls across middle office activities.

Requisites

• Strong experience in financial markets operations, particularly Bond and CDS Middle Office functions.
• Good understanding of the trade lifecycle, trade validation, reconciliation, and settlement processes.
• Knowledge of Bonds, Equity, Credit Default Swaps (CDS), CDS Index, Interest Rate Swaps (IRS), and Convertible Bonds.
• Experience in reporting, exception management, data quality monitoring, and risk and control frameworks.
• Understanding of settlement workflows, static data management, and trade valuation issues.
• Strong analytical, problem-solving, and root cause analysis skills.