Reconciliation Analyst - Bengaluru, India - StoneX Group Inc.

Description

StoneX (formerly known as INTL FCStone) is a Fortune 100 Global MNC and an institutional-grade financial services network that connects companies, organizations and investors to the global markets ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch service and deep expertise. StoneX currently serves more than 30,000 commercial, institutional and payments clients, and more than 125,000 retail clients across more than 130 countries. Our clients use our institutional-grade digital platforms, our high-touch service, and our market intelligence to pursue trading opportunities, make investments efficiently, manage their market risks, and improve their business performance. Our relentless focus on helping them accomplish these objectives has enabled us to build deeply valued, long-term relationships based on guidance, integrity, transparency and trust.

Overview:

Support global StoneX teams across the world.

Responsible for completing various futures, OTC and fee reconciliations, as assigned.

Regulatory reporting and other administrative tasks.

Responsibilities:

• Reconcile companies' position and settlements vs. clearing house, carrying broker, internal companies, and prime brokers. This includes but is not limited to CME, CBOT, NYMEX, COMEX, ICE, Societe Generale and affiliate reconciliations. Must be able to analyze, recommend and build new reconciliation processes as business changes occur.
• 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.
• Provide assistance to customers with any balancing or settlement issues with their account.
• Review and maintain audit information on counterparty confirmation.
• Notify Customer Service of futures resulting from daily option exercises and assignments.
• Retrieve various settlement prices for OTC contracts and process settlements.
• Confirm settlement amounts due to/from various counterparties and notify "OTC Cash" of payment.
• Perform other miscellaneous administrative duties as needed.
• Maintain prompt and regular attendance.
• This list of responsibilities may not be all-inclusive and can be expanded to include other duties that management deems necessary.

Qualifications:

• Bachelor's Degree in Finance, Economics, Business Administration preferred.
• Commodity industry experience preferred, but not necessary.
• Excellent customer service, communication and organizational skills.
• Microsoft Office experience, including advanced Excel and Word skills.
• Ability to work in a team environment.
• Excellent multitasking skills and strong experience preparing and analyzing data.
• Strong work ethic and emphasis on attention to detail.