Reconciliation Analyst at StoneX Group

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

28 Jun, 26

Salary

0.0

Posted On

30 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Reconciliation, Exchange Traded Derivative Memberships, Inter Company Reconciliations, Third Party Clearing Relationships, FX, OTC, Clearing House, Carrying Broker, Prime Brokers, CFTC Regulations, Analytical Skills, Problem-Solving Skills, Communication Skills, Planning, Organization, Time Management

Industry

Financial Services

Description

Overview Connecting clients to markets – and talent to opportunity With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we’re a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors. Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, The StoneX Group is made up of four segments that offer endless potential for progression and growth. Commercial: With boots on the ground authenticity at the heart of everything we do, our comprehensive array of commercial products and services enable you to work directly with our clients, across hedging, risk management, execution and clearing, OTC products, commodity finance and more. Responsibilities Job Purpose This role will be responsible for the processing of T+1 end of day reconciliation across multiple StoneX Group Entities and business lines. Including but not limited to Exchange traded derivative memberships (LME, Ice Clear Europe, CME, Ice US, Eurex, Euronext, ECC, MGE), Inter Company reconciliations, Third party clearing relationships, FX & Over-The-Counter (OTC). Key Responsibilities Reconcile StoneX, balances, trades, position, fee’s and settlements vs. clearing house, carrying broker, internal companies, and prime brokers. Maintain and monitor positions and reconciliation adjustments in accordance with exchange and CFTC regulations with escalation as required. Process balancing adjustments to accounts. Verify reported positions to exchanges, carry brokers, internal accounts and prime brokers. Qualifications Knowledge and Experience Bachelor's degree in Finance, Accounting, or a related field. Advanced education or professional certifications are a plus. 4+ years experience in exchange traded derivative reconciliation operations, preferably reconciling directly to clearing houses. Knowledge of Duco reconciliation tool desired but not essential. Skills Excellent analytical and problem-solving skills, with the ability to assess complex situations and make sound decisions. Effective communication and interpersonal skills, with the ability to build relationships and collaborate with stakeholders at various levels. Effective planning, organisation and time management skills.

Responsibilities

This role is responsible for processing T+1 end of day reconciliation across various StoneX Group Entities and business lines, including derivatives, inter-company, and third-party clearing relationships. Key duties involve reconciling balances, trades, positions, fees, and settlements against various counterparties while maintaining compliance with exchange and CFTC regulations.