Manager - OTC Derivatives - BFSI/BPO

Position : OTC Derivatives

Location : Pune.

Key Skills : OTC Derivatives, Trade Settlements, Trade Life Cycle

Responsibilities :

Direct Responsibilities :

- Ensure all derivative activities are produced accurately and in a timely manner.

- Ensure that, client issues/concerns are addressed and resolved within the agreed timelines.

- Ensure high level of communication network is established will all the departments within the Business group.

- Defining the Key Performance Indicators for the process and achieving the same on a regular basis.

- Collating the data and providing MIS to Supervisor in a timely manner.

- Should adhere to the set SLA s and ensure delivery within the agreed timelines.

- Should be a good team player and work closely with all team members

- Should work towards error free processing and cost minimization for the team.

- Should be willing to work under extreme pressure and for extended hours, if job demands

- Dealing with the various internal and external stakeholders effectively and efficiently.

- Carrying out various identification checks to comply with anti-money-laundering regulations and prevent fraud

- Answering client account manager, other internal department queries and handling telephone calls concerning risk-monitoring queries.

- Ensure all the queries handled with utmost care without errors/mistakes and within the TAT.

- Prioritize the work and perform the same with due diligence.

- Taking corrective measures/action in consultation with the Assistant Manager/Manager.

- Escalate unresolved open items to Assistant Manager/Manager notice.

- Maintain Communication Channels with internal peer groups.

- Participate in Cross Training and ensure the Knowledge transfer between the team and three processes.

- Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members.

- Should work closely with all internal departments to resolve conflicts

- Knowledge on compliance laws and swift message types would be an added advantage.

- Mailbox Management / Queue Management

Contributing Responsibilities :

Trade Processing

- Processing Derivative trades in Middle office systems

- Providing trade notifications to third parties such as fund trustees, Custodian etc.

- Resolving the trade-related exceptions.

- Validation of trades set up in the Application.

Matching

- Matching the trades via Electronic platform for OTC derivatives products

- Paper matching the for OTC derivatives products

Cash Management

- OTC settlement processing.

- Processing of accounting entries.

- Contacting custodians on cash settlement on a daily basis.