Genpact

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.

Inviting applications for the role of Manager - S&T Back Office Operations (US)

Summary

This position processes critical functions that support checks and balances for the business related to agency supply purchases and Supply &Trade transactions. They are required to receive, review, and ‘audit’ every transaction that is completed by the traders/buyers for natural gas and electricity for wholesale and retail teams. If inconsistencies are found, it is the coordinators responsibility to review with the trader/buyer to identify the source of the error and ensure corrections are made. Transaction confirmations are received from multiple sources and mediums. While the information collected is similar in nature, the formats differ dependent upon source. It is also the coordinators’ responsibility to prepare for management execution of confirmation and ensure copies are returned to originating source and saved in the company database as the transaction confirmations tie to legal documents. This position is also required to track any missing confirmations, initiating action from sources to ensure all trades are accounted for.

Responsibilities

In this role, the shortlisted candidate will be responsible to perform the following:

• Understanding of Trader trade recap (OTC Physical and OTC Financial) for all products (Gas, Power, Oil, Sustainability)
• Review, confirm, administer, track, and store all Supplier/Client Trade Confirmations and Notifications on a timely basis.
• Reconcile all errors found on TC with Trader and supplier.
• Prepare and send documents for execution.
• Run twice-monthly reports to identify any missing transaction confirmations. Contact suppliers to receive and process under urgent protocol.
• As required, maintain physical and electronic files of all client contracts including key contractual information in the database.
• Sound knowledge of Derivatives market with Comprehensive understanding of Energy Derivatives traded on OTC markets with keen focus on Natural gas and Power derivatives
• Experience in Clearing mechanism of both Exchange and OTC traded product such as

o Swaps: - commodity, financial and interest swaps

o Forwards: - foreign exchange forwards, commodity

o Options: - Energy option, both American and European, index options

• Have a keen eye for detail in processing trade affirmation and confirmations for paper and electronic trading platform
• Interact with offshore team in process post trade amends and edits
• Build Reconciliation report to analyze Trade disparities between multiple trade entities and business units
• Identify workflow/system improvements and work with supervisor and operations team to enact change
• Familiarity with ETRM tools for trade management
• Cross dimensional reporting capability to track Aging trade amends and Change drivers Additional Skillsets preferred:
• Maintaining risk systems and data repositories

Qualifications

Minimum qualifications

MBA/ PGDBM (Finance). Bachelor’s degree or an equivalent level of related business and industry experience

Preferred qualifications

• Professional experience of more than 6 years and above.
• Ability to work independently without significant supervision
• Good communication skills as job involves liaising with clients and their internal departments
• Knowledge and understanding of financial terms, contracts, business law, or energy a plus.
• High proficiency in the English language

Preferred skills

• Strong change management skills, and ability to manage multiple priorities
• Ability to multi-task and respond with a sense of urgency
• Excel in communication, both written and verbal.
• Advanced attention to detail
• Strong analytical and problem-solving skills
• Strong planning and organizational skills
• Innovative in providing and addressing business needs in a changing environment.
• Use of Microsoft Office Suite including Word, PowerPoint, Access, Excel, and Outlook, and willingness to experiment and work with new technologies.
• Ability to creatively analyze existing processes and develop solutions that utilize new and existing technologies to improve overall processes and efficiencies, i.e., automation and robotics.
• Maintains confidentiality of information used and exchanged in research within the legal and compliance framework.

Shift Timing – Night Shift – 06:00 PM to 5:00 AM IST

Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values respect and integrity, customer focus, and innovation. Get to know us at www.genpact.com and on X, Facebook, LinkedIn, and YouTube.

Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.