Derivatives Specialist

**Role Overview:** As the Vice President in the Derivatives Department, your primary responsibility will be to assist the Head of Department in the effective functioning and expansion of Derivative products offering. You will be leading a team of professionals to manage day-to-day operations, develop new products, and market them to Banks, Financial Institutions, Corporates, and FPIs. Additionally, you will oversee the LOU operations of LEIL, a subsidiary issuing LEI to corporate entities. **Key Responsibilities:** - **Trading platforms management for Interest Rates and Fx:** - Manage a team for the smooth operations of existing trading platforms and create new ones. - **Clearing and Settlement:** - Lead a team in Clearing and Settlement activities and drive the development of new products. - **Marketing of existing and New trading platforms /Clearing/Non Centrally Cleared Derivatives Margining and Collateral Management:** - Promote services to Banks, Financial Institutions, and Corporates. - **Managing the LOU operations of LEIL:** - Oversee the team managing the LOU activities. - **Research and Development:** - Stay updated on developments in OTC derivative markets globally and assist in developing suitable products and services. **Qualifications Required:** - MBA in Finance **Additional Details:** - You are expected to have more than 20 years of experience in Derivatives Market, preferably with experience in Treasury aspects of Banking/Financial Institution. - Preferred qualifications include CQF/CFA/FRM. - Hands-on experience in OTC derivative products like Forwards, Swaps, and Options is desired. - Proficiency in Python, VBA, MS Excel, and other BI tools is desired. - Core competencies such as analytical thinking, drive for results, quantitative aptitude, customer centricity, teamwork, leadership, and people management are essential. - Functional competencies include understanding Clearing and Trading platforms, pricing, valuation, and risk aspects of OTC Derivative products, and awareness of new market technologies/trends. - Excellent communication skills and the ability to lead a team and adapt to emerging developments are crucial for this role.,