Capital Markets Operations Associate

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com

What would you do?

Applied Technology & Operations for Markets (ATOM) is a multi-client processing on-demand service platform. A trade processing service for the trading and treasury entities of our clients that they can plug onto in parts or entirely while focusing their efforts on what differentiates them on the market. ATOM BPaaS leverages cloud hosted architectures to deliver high quality run and change services.

• Reconciliation & Exception Management: Trade & Cash Reconciliation
• Reconcile daily trade settlements between internal systems, custodians, brokers, and clearing houses. Match executed trades with confirmations received from counterparties. Investigate and resolve trade breaks, ensuring accurate settlement.
• Settlement Matching & Break Resolution: Compare internal settlement records with external custodian and counterparty records. Identify and investigate unmatched or failed trades. Liaise with front office, middle office, custodians, and brokers to resolve breaks. Escalate unresolved issues to relevant stakeholders.
• Cash & Securities Position Reconciliation: Reconcile cash balances in client and firm accounts. Verify securities positions against depositories and custodians. Identify missing funds, incorrect allocations, or overdrafts.
• Trade Fail Management & Exception Handling: Monitor failed trades and identify the root cause (e.g., mismatched details, funding issues). Process trade amendments, cancellations, or rebooking as needed. Work with counterparties to ensure timely resolution and avoid penalties.
• Regulatory & Compliance Reporting: Ensure reconciliation processes comply with regulatory requirements (e.g., CSDR, SEC, MiFID II, Basel III). Support compliance teams with audit requirements and reporting. Maintain records of reconciliations for audit and regulatory checks.
• Nostro & Depot Reconciliation: Perform Nostro Reconciliation: Match bank account balances with expected cash movements. Perform Depot Reconciliation: Verify securities holdings with custodians and internal books. Investigate breaks and resolve discrepancies with finance and treasury teams.
• Client & Internal Reporting: Provide daily, weekly, and monthly reconciliation reports to stakeholders. Ensure timely updates on unresolved breaks and settlement risks. Respond to internal and external client queries regarding settlement mismatches.
• Process Improvement & Automation
• Risk & Compliance Monitoring: Regulatory Compliance: Ensure adherence to local and international regulations (SEC, FCA, ESMA).

What are we looking for?

• Agility for quick learning
• Written and verbal communication
• Strong analytical skills
• Collaboration and interpersonal skills
• Commitment to quality

Roles and Responsibilities

In this role you are required to solve routine problems, largely through precedent and referral to general guidelines. Your primary interaction is within your own team and your direct supervisor. In this role you will be given detailed instructions on all tasks. The decisions that you make impact your own work and are closely supervised. You will be an individual contributor as part of a team with a predetermined, narrow scope of work. Please note that this role may require you to work in rotational shifts.

Key skills/competency

• Trade Processing
• Settlements
• Trade Finance
• Reconciliation
• Exception Management
• Regulatory Compliance
• Capital Markets
• Financial Operations
• Data Analysis
• Problem Solving