IMC is seeking an Operations Specialist / Trade Analyst to join their Operations / Mid Office team in Mumbai, India. This role involves identifying, investigating, and reconciling trade, position, and cash exceptions by working directly with trading desks and clearing firms. Core responsibilities include daily EOD processing, managing exchange pay-in & pay-out obligations, providing reports for compliance and internal use, and ensuring efficient middle office operations.

Must Have

• Daily EOD processing
• Managing daily exchange pay-in & pay-out obligations
• Operation of DP pool account and beneficiary account for Pay-in and SLBM obligations
• Hands-on Experience on Clearing corporation (NCL & MCXCCL) portals for collateral management
• Ensuring timely and regular reporting to exchanges / clearing corporations and other regulators
• Own the daily P&L substantiation, reconciliation and daily management reporting
• Reconcile trading fees with exchanges
• Provide operational support to trading desks
• Arrange cash transfers to meet margin call and funding requirements
• Work with the finance team on month end accounting booking
• 4 years of working experience in a similar role
• Experience with trade settlement with clearing firms
• Strong problem-solving skills
• Excellent written and verbal communication skills in English

Good to Have

• Academic degree in Finance, Technology and Data Analytics is preferred
• Ability to adapt and embrace technologies
• Habit of improving processes
• Ability to combine strong tactical and analytical thinking skills
• Tenacious, dynamic and curious personality
• Strong interpersonal skills
• Motivated, proactive with a hands on mentality

Perks & Benefits

• Opportunity to work side-by-side with Traders
• Gain a high-level understanding of the business through cross-functional Middle Office relationships
• Learn from peers and develop skills and business knowledge as the business grows and changes
• Learn about financial markets

Trading Operations Specialist

Mumbai, India

IMC is seeking a Operation Specialist / Trade Analyst to join the Operations / Mid Office team. The Trade Analyst will identify, investigate, and reconcile trade, position, and cash exceptions by working directly with trading desks and clearing firms / clearing corporation.

Your Core Responsibilities:

• Daily EOD processing
• Managing daily exchange pay-in & pay-out obligations
• Upload / providing reports for compliance purposes
• Providing reports to Traders & Mid office
• Operation of DP pool account and beneficiary account for Pay-in and SLBM obligations
• Hands-on Experience on Clearing corporation (NCL & MCXCCL) portals for collateral management
• Interaction with vendor for updation in software as per latest SEBI regulations
• Ensuring timely and regular reporting to exchanges / clearing corporations and other regulators
• Own the daily P&L substantiation, reconciliation and daily management re porting
• Reconcile trading fees with exchanges
• Ensure all current Middle Office operations processes and procedures are the most efficient and effective via continuous review
• Collaborate with our Back Office / Business Intelligence IT team on specifications and improvements to middle office applications and tools
• Provide operational support to trading desks
• Perform ad hoc portfolio analysis and project work as needed
• Arrange cash transfers to meet margin call and funding requirements
• Work with the finance team on month end accounting booking.

What makes It Fun:

• You’ll enjoy the unique opportunity to work side-by-side with Traders, while also gaining a high-level understanding of the business, through the many day-to-day, cross-functional Middle Office relationships
• We strive to create strong teams with strong individuals. You will learn a lot from your peers and will continue to develop your skills and business knowledge as the business grows and changes
• You will learn about financial markets. We know from experience that a lot of people really enjoy learning about a field beyond their immediate area of expertise, it’s one of the things that makes this job more interesting than others
• We employ a broad range of people with varying backgrounds. What they have in common are their superior technical expertise, their extraordinary smarts, and their collaborative approach.

Your Skills and Experience:

• Academic degree in Finance, Technology and Data Analytics is preferred
• 4 years of working experience in a similar role
• Experience with trade settlement with clearing firms – must
• Ability to adapt and embrace technologies
• Strong problem-solving skills, and a habit of improving processes
• Ability to combine strong tactical and analytical thinking skills
• Tenacious, dynamic and curious personality with strong interpersonal skills
• Motivated, proactive with a hands on mentality
• Excellent written and verbal communication skills in English.