Job Description

 

Job Title- Reconciliation Production Analyst

Location- Pune

 

Note:

  • Please share the detailed Job Description as an attachment – (Course done in Investment Banking - Imarticus).
  • Specific/ mandatory skills: Mentioned in the attachment.
  • Experience range: 0-2 Years.
  • Open to considering fresher candidates (Yes/No): Yes.
  • Open to considering relocation/ non-local candidates (Yes/No): No.
  • Contract duration: 8 Months.
  • Shift timings:  Ready for rotational shift - US/EMEA.
  • Number of days work from office: 5.

 

 

Role Description-

  • Candidate is required to work for Asset Management – Transaction processing Group (TPG) for FX / Derivatives Team.
  • Candidate should have knowledge of Confirmations and Settlement of Trades – FX, OTC (SWAPs) and F&O.
  • Candidate should have understanding trade life cycle of FX & Derivatives products.
  • He / She is required to monitor daily FX / NDF, OTC & F&O Intra-day trades processed by the traders.
  • Candidate is required to work on Reconciliation of trades and margins between Our system and Custodian.
  • Candidate is required to have knowledge and experience of handling daily Variation and Initial Margin calls required as part of Collateral.
  • Candidate is required to work with Custody and brokers on updating SSI’s as provided to avoid delay in trade settlements.
  • Candidate is required to have good Understanding of NDF fixing process.
  • Candidate is required to communicate via emails / calls with brokers and custody team regarding daily trade settlement.
  • Prior experience of Aladdin platform will be a strong Plus, not mandatory.

 

Your key responsibilities

  • Working on daily Variation and Initial Margin generated for Futures and Options trades, further confirming with clearing brokers.
  • Monitoring trades booked are getting confirmed on timely basis for FX Trades, NDF, OTC Trades.
  • Working on Paper Confirmation received from brokers for OTC trades and getting the docs. executed on time.
  • Payment Calculation for TRS trades on monthly basis.
  • Processing payments after cross verifying with brokers.
  • Coordinating with brokers and custodians on settlement of trades, payments etc. via proper communication channels.
  • Monthly Fixing of Non-Deliverable FX trades.
  • Reconciliation of cash and position breaks

 

Your skills and experience

  • Candidate should have knowledge on Investment Banking and Asset Management.
  • Should have knowledge on Derivatives products is preferable.
  • Candidate should have good communication skills and Email etiquettes.
  • Team co-ordination.
  • Ready to work in shift.

 

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