PCM Ops/Derivatives Clearing Operations Specialist

Company Overview

Not specified.

Job Summary

We are seeking a dedicated Derivatives Clearing Operations Specialist to oversee and manage the daily operations related to derivatives clearing, risk management, and settlement processes. The role involves ensuring smooth execution of F&O (Futures & Options) operations, maintaining compliance with regulatory standards, and supporting process improvements to enhance operational efficiency. The ideal candidate will bring hands-on experience in derivatives clearing, RMS, trade confirmation, client funds and securities segregation, and end-of-day (EOD) processes, contributing to the organization’s risk mitigation and operational excellence.

Responsibilities

• Manage day-to-day operations for Futures & Options (F&O) and derivatives clearing and settlement activities.
• Monitor the Risk Management System (RMS), client positions, margin utilization, and exposure levels to ensure risk controls are maintained.
• Handle trade confirmation, trade reconciliation, and settlement-related activities to ensure accuracy and timeliness.
• Oversee client funds and securities segregation, ensuring compliance and accurate reporting.
• Perform end-of-day (EOD) processing, including position reconciliation and operational reporting.
• Monitor margin requirements, collateral movements, and settlement obligations to ensure adherence to timelines.
• Coordinate with exchanges, clearing corporations, brokers, clients, and internal stakeholders to resolve operational discrepancies.
• Ensure adherence to exchange guidelines, regulatory requirements, internal controls, and operational timelines.
• Support process improvements, system testing, and implementation of operational changes related to derivatives activities.

Qualifications

• Proven experience in PCM operations, derivatives clearing, F&O operations, Risk Management System (RMS), or broking operations.
• Hands-on understanding of trade confirmation, settlement, segregation, and EOD processes.
• Exposure to margin monitoring, collateral management, and risk controls.
• Experience working with NSE, BSE, or relevant clearing corporations is preferred.
• Strong reconciliation, analytical, and problem-solving skills.
• Excellent stakeholder management and communication skills.
• Educational qualifications: Bachelor’s degree in Finance, Commerce, Economics, or related fields.

Preferred Skills

• Knowledge of regulatory frameworks governing derivatives and clearing operations.
• Familiarity with system testing and process automation.
• Experience with internal control frameworks and compliance standards.
• Ability to work under pressure and manage multiple priorities effectively.

Experience

• Minimum of 3-5 years of relevant experience in derivatives clearing, F&O operations, risk management, or broking operations.

Environment

• The role involves working in a professional office setting or hybrid environment depending on organizational policies.
• The position requires close coordination with exchanges, clearinghouses, brokers, and internal teams.
• The work may involve periodic high-pressure situations during settlement cycles or regulatory audits.

Salary

Not specified.

GrowthOpportunities

Not specified.

Benefits

Not specified.