Job Description

C04 - Freshers

C09 - 4-6yrs

Desired Candidate Profile:
? Knowledge in Capital markets ( Fund accounting , Financial Reporting ).
? Knowledge about market product is must.
? Should have knowledge of Mutual fund and Hedge Fund industry.
? Ability to handle multiple tasks under extremely time sensitive conditions
? Understanding of basic trade economics related to OTC transactions is helpful
? Proficiency with DTCC Deriv/SERV, Swaps Wire platforms preferred
? Hands on experience in verifying margins cash flow, back-up documentation and release/approve cash movements in the system.
? Hands on experience in managing Settlements (Must) etc.

Key Responsibilities / Functions / Role:
? Preparing daily trades, position and cash reconciliation
? Reconcile and resolve exceptions including accrual differences, depository position differences, income tracking errors, cash breaks, and suspense breaks
? Assist swap confirmation team in covering all OTC products such as total return swaps, equity options, credit defaults, convertible bond options and fixed income products.
? Assist swap confirmation team in developing and implementing projects and software which promote automation and efficiency.
? Understanding and managing settlement of swap cash flows associated with OTC products, including upfront fee, unwinds, quarterly premium and resets
? Liaison between trading desk, reconciliation and control group, and counterparties to resolve any economic discrepancies on trades in timely, efficient manner
? Handle clients’ cpties inquiries via telephone and other sources timely and appropriately within defined standards and deliver high quality service to internal and external customers.
? Ability to follow established procedures to ensure breaks are not caused / minimized, causal are tracked and metrics updates are accurate
? Good Team Player
? Quick learner
? Should be willing to work in shifts and flexible work hours as per process requirements
? Profound ability in identifying disputes and resolve discrepancies with counterparties in real time (Individual transaction discrepancies, Margin Call disputes, fully auditable party to party communication etc.)
? Should be able to work with the recon teams / clients / brokers / counter-parties for resolving exceptions

? Education: Bachelor’s degree or equivalent industry experience
? PG education, preferably with commerce, Finance background
? 2-3 yrs of OTC experience along with reconciliation is an asset

? Good communication / Domain skills.
? Good analytical, problem-solving and conceptual skills
? Proven interpersonal skills
? Ability to deal with problems as they arise in an environment with multiple priorities
? Ability to react to situations quickly and effectively
? A self-starter with high energy, initiative and self-motivated to advance within the firm
? Capabilities in fundamental financial calculations , and settlement accounting
? General knowledge of securities and derivative or products, including fixed income, equity, commodity, futures/options and interest rates is an asset. This includes basic understanding of the underlying revaluation principles, accounting treatments, operational controls, credit and price risks, and market practices
? General knowledge of Fund transfer procedure and

 Contact Details

Name:   Jayendra Desai

Email :

Phone:   722-704-3707