Job Description

Description:JD ? DSP role

Key Skills ? 2-3 years of previous trade support role experience with exposure to trade life cycles and process flows, reconciliation and control functions.

Position DSP Equity Swaps Position Control (Trade Support)Level of position AssociateDivision / Department MSAS Mumbai / Derivative OperationsCost Centre Q170

Responsibilities Scope and Purpose of the Role:The primarily function within the team is the completion of daily tasks, including (but not limited to):? Reconciliation of Trader?s Risk products and positions to Firm books and records and investigation and resolution of breaks.? Monitoring of specific system error queues, which require investigation and resolution to ensure the trade flows downstream.? Reconciliation of Swap Vs Hedge positions.? Reconciliation of internal interest rate swaps.? Processing upcoming swaps maturities.? Investigation and resolution of realized cash flow breaks.? Production and distribution of swap reporting highlighting specific exceptions that require specific actions to resolve.? Maintaining swap shells, to include and not limited to schedules, profiles, resets.The role involves building and maintaining relationships with the regional DSP Middle Office Teams, the Business Unit, IT and other operational support areas to ensure that controls are maintained and breaks are understood and resolved in a timely manner.

Skills/Qualifications required Minimum Bachelor or Masters degreeStrong numeracy and analytical skillsAccuracy, attention to detail, good organisation skillsHigh level EnglishSolid knowledge of Microsoft Office, and/or other relevant applicationsPrevious

Experience Required 2-3 years of previous trade support role experience with exposure to trade life cycles and process flows, reconciliation and control functions.Exposure to equity swaps or vanilla equity derivatives.Experience of servicing and working for and with a global network of people.Required Competencies Demonstrates awareness of Control and Risk requirements through proven track record.Demonstrates willingness to take ownership for role responsibilitiesHighly committed and self motivatedHigh regard for attention to detail and accuracyDemonstrates strong interpersonal and communication skillsAbility to work to tight deadlines. Proactive in identifying process improvementsDevelopment Opportunities This role provides an excellent opportunity to gain exposure to Equity Derivative products in a demanding and challenging environment. It provides a forum to learn about the equity products, especially Equity and Interest rate swaps with future opportunity to rotate within Derivative Operations.