InP - Managed Service Operations Analyst I (Margins, Clearing) at FIS

Role Overview

As an InP - Managed Service Operations Analyst I at FIS, you will play a critical role in ensuring the smooth and efficient operation of our collateral management services. This position requires a keen eye for detail, a strong understanding of collateral management concepts, and the ability to work effectively with both internal and external stakeholders. You will be responsible for managing daily collateral requirements, resolving issues, and contributing to process improvements.

Day in the Life

Your day will involve a variety of tasks, including:

• Managing the delivery of daily collateral management activities as per Service Level Agreements (SLAs).
• Ensuring daily collateral requirements with clearing houses and exchanges are met on time using payment systems.
• Ensuring end client collateral figures are agreed on time and settled on time as per the respective currency cut-offs.
• Recording daily collateral moves in respective back office systems like GMI.
• Submitting daily reports to internal and external stakeholders on various aspects like outstanding margin calls, disputed margin calls, and rolled-over calls for clients.
• Leading and participating in projects with regards to systemic upgrades, regulatory change, and client-mandated changes.
• Identifying, resolving, and escalating issues in a timely manner in order to meet the required service standards.
• Proactively identifying areas for performance and control improvements.
• Building strong relationships with all internal stakeholders, end clients, and end client representatives.
• Coordinating with different teams like reconciliation, clearing, and static for timely response and resolution of queries.

Why Pune, Maharashtra?

Pune is a vibrant and growing city in Maharashtra, India, known for its rich history, cultural heritage, and thriving IT and financial services industries. Working in Pune offers a unique opportunity to experience a blend of traditional Indian culture and modern urban life. The city boasts a well-developed infrastructure, excellent educational institutions, and a diverse culinary scene. Pune is also a major hub for multinational corporations, providing ample opportunities for professional growth and development. The cost of living is relatively affordable compared to other major metropolitan areas in India, making it an attractive destination for professionals seeking a high quality of life.

Career Path

At FIS, we are committed to the growth and development of our employees. As an InP - Managed Service Operations Analyst I, you will have opportunities to advance your career through various paths. You could progress to a Senior Analyst role, where you would take on more complex responsibilities and mentor junior team members. Alternatively, you could move into a specialized role such as a Collateral Management Specialist or a Project Manager, depending on your interests and skills. FIS also offers leadership development programs to prepare you for management positions. We encourage our employees to pursue continuous learning and provide resources to support your professional development goals.

Salary & Benefits

FIS offers a competitive salary and benefits package that is designed to attract and retain top talent. The salary for the InP - Managed Service Operations Analyst I position is competitive and commensurate with experience. In addition to base salary, FIS offers a comprehensive benefits package that includes:

• Health insurance (medical, dental, and vision)
• Paid time off (vacation, sick leave, and holidays)
• Retirement savings plan with company match
• Employee stock purchase plan
• Life insurance and disability coverage
• Flexible spending accounts
• Wellness programs
• Employee assistance program
• Professional development opportunities
• Employee recognition programs

FIS Culture

At FIS, we pride ourselves on creating an inclusive and collaborative work environment where everyone feels valued and respected. We believe that diversity is a strength and that different perspectives lead to better outcomes. We encourage our employees to bring their whole selves to work and to contribute their unique talents and ideas. FIS is committed to fostering a culture of innovation, teamwork, and continuous improvement. We provide opportunities for employees to participate in volunteer activities and community outreach programs. We also celebrate our successes and recognize the contributions of our employees through various recognition programs.

How to Apply

If you are interested in joining our team as an InP - Managed Service Operations Analyst I, we encourage you to apply online through the FIS careers website. Please submit your resume and a cover letter outlining your qualifications and experience. We carefully review all applications and will contact qualified candidates for an interview. FIS is an equal opportunity employer and values diversity at all levels. We are committed to providing a fair and equitable workplace for all employees.

FAQ

1. What are the key responsibilities of an InP - Managed Service Operations Analyst I?

   The key responsibilities include managing daily collateral requirements, resolving issues, contributing to process improvements, and ensuring compliance with SLAs.

2. What qualifications are required for this position?

   The minimum qualifications include 2-5+ years of experience in collateral management, a good understanding of Exchange Trade derivatives like GMI, and knowledge of Clearing Houses/Exchanges.

3. What is the career path for this role?

   The career path includes opportunities to advance to Senior Analyst, Collateral Management Specialist, Project Manager, or leadership positions.

4. What benefits does FIS offer?

   FIS offers a comprehensive benefits package including health insurance, paid time off, retirement savings plan, employee stock purchase plan, and more.

5. What is the work culture like at FIS?

   FIS has an inclusive and collaborative work environment where everyone feels valued and respected.

6. Where is the job located?

   This position is located in Pune, Maharashtra, India.

7. What is the salary range for this position?

   The salary is competitive and commensurate with experience. The estimated range is $70,000 - $110,000 USD annually, though this may vary based on experience and qualifications.

8. How can I apply for this job?

   You can apply online through the FIS careers website by submitting your resume and a cover letter.

9. What is the significance of Collateral Management in Finance?

   Collateral management mitigates counterparty credit risk by ensuring assets are pledged to cover potential losses from defaults. This is particularly important in derivatives trading and reduces systemic risk within financial markets.

10. What types of risk management practices are expected within the role?

    This includes daily reconciliations, monitoring for fraudulent activity, maintaining current knowledge of regulatory changes, and escalating unusual items or discrepancies to the proper parties promptly.