Job Title: Trade Operations Analyst – FX & Commodity Derivatives

Location:
Bangalore (Work from Office, 5 days, Mon–Fri); may relocate to Chennai (Taramani) later, not confirmed yet

Experience:
3–4 years in trade operations / middle office Employment Type: Full time, Permanent

About The Role
Looking for a Trade Operations Specialist to manage the end-to-end trade lifecycle across FX and commodity derivatives, from trade capture through settlement and reconciliation. You will work with Front Office, brokers, clearing houses and Operations to keep trade data accurate and settlements on time.

Key Responsibilities
Trade Capture & Validation
• Review trades executed by Front Office and ensure accurate capture in trading and risk management systems.
• Validate trade economics: trade date, settlement date, buy/sell indicator, quantity, price, currency, counterparty, instrument, notional, brokerage/fees and settlement instructions.
• Identify incorrect, incomplete or missing trade details and coordinate corrections with Front Office.
• Ensure trades are processed within cut-off times. Trade Lifecycle Management
• Monitor trades from execution through capture, enrichment, confirmation/affirmation, matching, settlement and reconciliation.
• Track outstanding trades and exceptions, and maintain accurate trade status records.
• Process amendments, cancellations, novations, allocations, rolls, exercises and expiries.
• Process physical and cash-settled commodity transactions and monitor confirmations and matching. Reconciliations




• Perform daily and periodic reconciliations of positions, cash and settlements between internal systems and external sources: front-office trading systems, operations platforms, custodian records, broker statements, exchange/clearing records, Nostro accounts, general ledger and counterparty records.
• Investigate and resolve breaks, and escalate unresolved items. Stakeholder Coordination
• Work with Front Office, clearing brokers, exchanges, counterparties and Operations teams. Required Skills & Experience
• 3–4 years of experience in trade operations, middle office or back office for derivatives.
• Working knowledge of FX Spot, Forwards, Swaps, NDFs and FX Options.
• Knowledge of commodity products: precious metals, base metals, energy, agricultural commodities, commodity futures, forwards/swaps, options and OTC derivatives.
• Hands-on experience with trade lifecycle events, confirmation/matching, settlements and reconciliations.
• Strong Excel skills (VLOOKUP/XLOOKUP, pivot tables).
• Good communication and stakeholder management skills; attention to detail. Preferred
• Experience at a global bank, custodian or commodity trading house.
• Exposure to trading and risk systems and Nostro/GL reconciliation.

Education:
B.
Com / M.
Com / MBA Finance or equivalent

Skills:
trade capture,confirmation and matching,commodity,trade operations,trade lifecycle,settlement,ndf,clearing,otc,validation,analyst,fx,derivatives,reconciliation,nostro reconciliation,middle office,broker statements

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