AVP - Trade Support - Investment Banking

- Reconcile the trade bookings (in at-least one asset class) in the trade/risk booking systems with the documents (Confirmation, Pricing Supplement, Term Sheet) & ensure no discrepancies

- Ensure trades are booked in appropriate valuation models (including MC Scripts) and the trade payoffs/ valuation parameters are correctly captured in the booking

- Identify potential PnL breaks/ settlement breaks due to mis-booking, ensure the amendment of mis-booking & report MTM impact of amendments

- Identify, Confirm & Report conservative valuation bookings (overhedges) & approximate bookings for trades

Structured Products

- Work on tasks related to life cycle event of Structured Product, Fixed Income, Equity and Derivatives.

- Perform calculations (Coupon, Maturity) for FICC product's and verify the pay-outs.

- Operational support to Trading Desks/Products including: EMTN, Warrants, FX Warrants, Interest Rate Warrants and Certificates across various programs.

- The role involves liaison with Treasury, internal and external counsel, Issuers, Agents, Clearing Systems and also entails the coordination of several support units ensuring that the business receives a quality one-stop service Identify issues and control gaps in existing infrastructure

- Work with technology team to streamline our processes and enhance data integrity and control

Project Management

- Accountable for the success of small projects or sections of larger ones

- Responsible for the quality and timeliness of all project deliverables and well as the implementation of relevant project management practices (status reporting, issue tracking etc)

- Day to day responsibility for managing the project with line, technology and other partners

Managerial Responsibilities

- Manage a team of associates of approx. 25

- Responsible for performance/issues of all the reporting associates

Requirements : 

- Strategic thinker and ability to convert firm's long term goals into same who can be creative and innovate.

- Intense work ethic with history of proven strong delivery

- Strong adaptability skills to navigate a large organization to keep the focus on delivering for the business & client whilst minimizing time spent on low value additive activities

- Personal effectiveness: communication, decisiveness, energy & drive, character & works diligently to achieve success

- Strong technical skills to understand the products and business

- Strong analytical skills

- Knowledge or experience with trading products in capital markets: Knowledge of Equity/Fixed Income, intuitive understanding of derivative Pricing, knowledge of Financial Risk Management

Education: Post Graduation or an equivalent qualification from a renowned college

Certifications If Any : Preferable CFA.

Experience : Minimum of 13 years of experience in Middle office control functions or Finance Control functions for OTC derivative products (Equity\FICC) with a total experience of 12+ years

Mandatory skills

- Good Understanding of Investment Banking Derivative Products from a Middle Office or Back Office background.

- Strong communication skills across all levels of seniority especially with the Trading desk.

- Proven analytical skills including data reconciliation and interpretation

- Desired skills : Demonstrate good Excel skills (macros, formulas)

Work Timings : 12-9 PM