BA Continuum - Team Leader - Quantitative Middle Office

Only 2015 MBA pass-outs

Designation - Team Leader

Band - 7

Location - Hyderabad

Experience - 0 - 1 years

Education - Master- s Degree in Finance, Economics

QMO Collateral MO Role

Position Description

The QMO or Quantitative Middle Office Team is part of the Global Middle Office (GMO) Team. The Collateral MO team would be responsible for providing support to the CPM business. The role of the team would be:

Supporting and enhancing the process to provide P&L / Exposure analysis on our OTC portfolio in respect of its collateral / funding activities.

Escalate to Counterparty Portfolio Management (CPM) where required providing necessary explains on the discrepancies or mismatches found.

Liaising with multiple stakeholders across geographical regions to resolve issues pertaining to P&L mismatches as a result of pricing deficiencies or collateral optimization issues.

To implement solutions to build and streamline business processes.

Job Responsibilities

Daily support and enhancement to the following processes

Analysis of Collateral P&L (expected to actual collateral balance and rate P&L)

Analysis of OTC and collateral funding (Expected to actual reporting)

Net exposure analysis (funding mismatch)

Analyze & explain day on day changes in collateral P&L, query anomalies & resolve with collateral operations team.

Ad hoc analysis

Implementation of new P&L infrastructure for securities sourcing

Implement a daily process for repo P&L within the securities funding area of collateral

Partner closely with Front Office, Middle Office, Finance, Operations and Technology to define business processes and implement related technology solutions.

Risk and issue identification and resolution.

As collateral P&L is a new area of involvement for Middle Office, attracting significant attention, communication skills will be heavily utilized through working with the many stakeholders involved with implementation. The candidate must be able to articulate the work carried out and explain its relevance.

Qualifications

The successful candidate will possess the following qualifications:

Masters Degree in Finance, Economics or Financial Quantitative Analysis or Engineering Degree from Tier 1 colleges

Ability to drive change

Strong collaboration and relationship building skills

High sense of urgency with ability to drive results.

Specific Background (ideal):

OTC Derivatives,

Treasury or funding experience

Other experience:

Demonstrate OTC product knowledge

Demonstrate experience in or around the product control environment.

Must have ability to think outside the box and question the status quo, implementing change where required.

Must have a strong control focus.

Ability to drive to closure, reputation for execution

Strong Risk assessment, negotiation and problem resolution skills

Solid process definition and documentation skills, with ability to handle diverse workload and tight schedules.

High level Excel skills

Previous experience of Finman and/or BUCS would be very helpful.

Excellent verbal and written communication/presentation skills

Ability to work across business groups and in a team environment

Ability to interface across various levels within MO, Technology, Operations, Finance and FO.

COMPETENCIES

Change Agent

Identifies weaknesses in processes and takes ownership for change

Contributes towards implementing goals

Execution

Creates logical planning and drives activities to meet requirements on time.

Assumes ownership of problems and drives towards their resolution

Displays high level of attention to detail

Client Focus

Takes immediate action and ownership in order to resolve client needs

Works to realistically set and manage client expectations

Challenges the status quo

Collaboration

Communicates and partners well with others to accomplish goals

Assists others to develop networks

Works with others and shares ideas

Works to find and build agreement with others

People Leadership

Delivery through others.

Communicates clearly and concisely, using appropriate level of detail.

Raised questions & concerns in ways that enhances credibility of self and team.