Lead I - Derivatives

7 - 10 Years
2 Openings
Chennai

Job Title: Derivatives Lead

Shift: UK Hours
Location: Chennai

Overview of the Role

The Derivatives Operations Analyst will be responsible for end-to-end post-trade processing, lifecycle management, reconciliation, and reporting for all derivatives products (Exchange-Traded and OTC). The role includes managing trade confirmation, collateral and margin workflows, fund reporting, and break resolution in coordination with fund administrators, prime/executing brokers, custodians, and internal teams.

This position requires strong derivatives product knowledge, excellent communication skills, and the ability to operate in a dynamic, fast-paced asset management environment.

Key Responsibilities

• Provide full post-execution operational support to Fund Managers, Dealers, Fund Manager Assistants (FMAs), and Third-Party Administrators (TPAs).

• Daily processing, confirmation, and reconciliation for a range of derivative products, including:

  • OTC Derivatives: Options, Credit Default Swaps (CDS), Interest Rate Swaps (IRS), Inflation Linked Swaps

  • Exchange-Traded Derivatives (ETD)

  • Contracts for Difference (CFDs)

• Manage trade lifecycle events (e.g., resets, expiries, exercises) across all derivative types.

• Oversee daily margin and collateral processes with counterparties and Prime Brokers.

• Confirm trades electronically on trade date and ensure timely settlement.

• Reconcile income and asset servicing transactions with Prime Broker records.

• Reconcile and settle monthly derivative resets.

• Maintain and reconcile tax tables in line with investor types and market rates.

• Resolve income and transaction breaks promptly and escalate when necessary.

• Ensure trade and position data is accurately reflected in core systems and spreadsheets.

• Adhere to internal controls and AAF (Assurance Reports on Internal Controls) guidelines for document filing and record keeping.

• Support onboarding of new funds and share classes by coordinating with internal and external stakeholders.

• Liaise with TPAs, responding to queries and ensuring proper notification of derivative activity.

• Follow and enhance procedures and controls to mitigate operational risk.

• Ensure all operational deadlines are met and issues are disclosed promptly and comprehensively.

Must-Have Skills & QualificationsCategory Requirements

Good-to-Have Skills & QualificationsCategory Requirements

Behaviors & Attributes

• Proactive and solution-oriented

• Strong organizational and time management skills

• Committed to continuous improvement and high-quality service

• Comfortable navigating ambiguity and changing priorities

• Compliant with regulatory and internal risk policies

Derivatives,Trade Execution,Delivery Leadership