PCM Ops/Derivatives Clearing Operations Specialist
Posted Updated
# 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.*