Derivatives Analyst

Teamware Solutions

Need experience in OTC derivative Confirmation / reconciliation function with basic understanding of derivative product and with good communication skills

Department Profile

Background on the Team

MSIM Derivatives Operations is responsible for Global Derivative Reconciliations and Settlements and collateral

management primarily responsible for supporting MSIM Middle Office in Europe and North America. The team covers broker, custodian, fund accountant and client reconciliation for all derivative asset classes including not limited to F&;O, IRS, CDS, CDX, and TRS. We are looking for a Temp position for the confirmations process, which is getting transitioned from US. This position will be located in India, Mumbai office.

Primary Responsibilities

Incoming confirmation review:

 Review the incoming confirmations from different counterparts for Equity Linked Swaps, FX Options, and Commodity swaps for all trade events (new trade, partial termination, full termination, upsize)

 Match the trade economics and legal language mentioned on the confirmations against the front office booking system.

 Follow up with counterparts for confirmations.

 Prioritize review of confirmations for Separately Managed Funds (SMA).

 Liaise with counterpart and / or Middle Office in case of discrepancies on the confirmations.

 Provide executed confirmation to counterparts.

 Provide standard and ad-hoc reporting to the West Conshohocken Derivatives teams

 Make recommendations on process improvements and control enhancements

Shift time: 12pm – 9pm / 1pm – 10 pm

Acceptable notice period: Upto 1 Month

Max Budget in INR: 7LPA Max

Number of openings: 1

Contract Duration: 12 months Extendable and convertible on performance payroll

• Experience

  1 - 6 Years

• No. of Openings

  1

• Education

  Any Bachelor Degree

• Role

  Derivatives Analyst

• Industry Type

  Banking / Financial Services / Stock Broking

• Gender

  [ Male / Female ]

• Job Country

  India

• Type of Job

  Full Time

• Work Location Type

  Work from Office