Sberbank - Global Markets Back-Office Specialist

(Senior) Global Markets Back-Office Specialist is a part of a team of 5 people who are responsible for review, support and process a wide variety of derivatives business, commodity transactions, as well as FX products.

(Senior) Global Markets Back-Office Specialist will need to work proactively to support different changes in Back-Office, including implementation and maintenance of new core banking system and creating new procedures and control frameworks.

Your Responsibilities:

  • Work alongside Middle & Front Office teams in Zurich to ensure accurate and efficient trade capture and lifecycle event processing in back office systems

  • Perform trades affirmation and confirmation process with counterparties (drafting long form confirmation / instructing via swift as necessary)

  • Instruct and monitor settlement of derivatives and other transactions

  • Perform daily position/cash reconciliation and inventory management

  • Support and control the collateral management process for bilateral and centrally cleared OTC Derivatives, inclusive of margin calls initiation, control of collateral transfer, control of margin call claims receipt, breaks resolution and escalation in case of margin call payment receipt failure or disputes

  • Act as a central point of contact for query processing from counterparties and clients, liaising with the Middle Office and trading desk as needed

  • In collaboration with different bank units to deliver, audit, redesign, where required, procedures and controls for Back Office

  • Review contracts and addendums, issue and review invoices and other trade/logistics related documents

  • Initiate and control payments related to Global Markets Products

  • Assist in project work to enhance processes, controls and product offerings

  • Perform and review trade bookings (FX/NDF/IRS/CCS/Prepayments etc.) on internal systems

  • Responsible for ensuring that Back-Office related key controls are performed in a timely and accurate manner as per procedures and departmental checklists for all activities

  • Perform FinfraG and other regulatory reporting

Your Profile:

  • Back-Office experience, ideally across more than one product

  • Over 2 years' experience working within a bank trading derivatives

  • Swiss / EU passport or valid Swiss work permit

  • English fully fluent. Russian knowledge is a plus

  • Hard-working and result-oriented

  • Problem solver and good interpersonal skills

  • Attention to detail

  • Good Microsoft office skills

Your Team:

  • Dynamic team of 5 people covering all aspects of Back- and Middle-office

  • Hard working, cross-trained, able to cover each other at all times, closely communicating

  • Working as a strong, close team

  • Working closely with all teams of the bank at all times

What We Offer:

  • A bank that values its employees and takes care of them

  • A place where employees can develop personally and professionally, a bank where the best professionals want to be employed

  • A place where employees are not cogs in the machine but are actively involved in all the processes

  • A bank that offers to employees fair remuneration and social status

  • An exciting place to work

  • A bank one can be proud of, a respected institution where employees are confident about their future