Kotak Mahindra Bank - Operations/Settlement/Risk Management & Equity/Commodity Derivatives Role - Kotak Institutional Equities

Description:

- Seeking a professional with 4-6 years experience in Commodities, Risk Management, Operations, and handson expertise in trade processing and settlements; additional knowledge of FnO and Currency is an advantage.

- Have a throughout knowledge of risk management setup of Client, Trader and at Broker level for Commodity Derivatives, Cash Equities & F&O .

- Setting of Risk Management - Limit and Margin monitoring of client , dealer and so on

- To have experience in testing Commodity Derivatives Risk Management Software is essential like Omnesys, Greeksoft &Odin etc.

- To have good understanding of margining mechanisms such as VAR, EWMA, SPAN and margin framework for commodity derivatives and other segments.

- Liaising with the vendor software development team. Work in close co-ordination with functional test team to Analyze test cases thoroughly to ensure adequate coverage of requirements.

- Contracting and sending Trade Confirmation / Contract notes and EOD files to custodians/clients

- Receipt/Payment entries for Margins, Brokerage and statutory charges.

- MIS reporting, Updating various masters (scrip, client, brokerage, etc.) in system

- Managing regulatory trade reporting obligations if any.

- Handling Client, Audit and Exchange Queries if any.

- Ensuring timely tracking and analyzing the process impact of various circulars issued by exchanges i.e. NSE, BSE, MCX and SEBI

- Analyzing regulatory changes and implementing the same with help of technology and other support groups.

- Process automations and system development as and when identified or required.

- The role involves a high degree of interaction with the business as well as other members of the support team and the technology project teams.

- Liaising with colleagues and other teams within the technology group to resolve issues and drive system enhancements.

Job Requirement:

- Qualifications & Experience - Any graduate or post graduate with 4 to 6 years of work experience required.

Skills required:

- Preferably having worked on TCS Bancs back-office software and used Kambala / Omnesys / Greek for Risk Management.

- Excellent communication skills written and verbal. This includes Interaction with institutional clients (foreign and domestic), exchanges, Proficiency with Windows Operating system, MS Excel, MS Word, MS PowerPoint.

- Candidate should be willing to work in shifts related to commodity derivatives segment