3 Otc Trades Jobs

The OTC Margin and Operations Analyst plays a crucial role in reconciling over-the-counter (OTC) trades and positions, along with managing ISDA, SIMM, and REPO margin calls. Your responsibilities will include reviewing and agreeing to margin calls, resolving any discrepancies, reconciling daily OTC cash, trade, and position data, as well as addressing position discrepancies with executing and clearing brokers. Additionally, you will monitor non-USD currency balances and ensure compliance with relevant policies and procedures. To excel in this role, you should ideally hold an undergraduate degree or higher and possess previous experience in OTC margin and/or operations teams. A solid understanding of ISDA/REPO CSA agreements, as well as knowledge of uncleared margin rules and processes, will be essential. Your keen attention to detail, ability to work accurately under pressure, and proactive approach to process improvement will be highly valued. Familiarity with OTC products in Rates, FX, Equity, and Commodity asset classes is required, along with excellent organizational, communication, numerical, and analytical skills. Moreover, your proficiency in Excel, including macros/VBA, will be beneficial. Experience with systems such as Murex, Imagine, Endur, TriResolve, and Acadiasoft will also be advantageous. As an OTC Margin and Operations Analyst, you will be an integral part of the team, contributing both independently and collaboratively to drive efficiency and reduce risk in OTC transactions.,

Pashupati Capital Services (PCS) is a registered stockbroker specializing in proprietary trading. We are currently looking for an experienced Dealer to join our team in Mumbai, specifically in Goregaon. As a Dealer at PCS, your main responsibilities will include conducting arbitrage in cash to future exchange (NSE CM & F&O). You will be operating in a fast-paced environment, managing a significant amount of position and tallying all trade positions between various segments and accounts. Additionally, you will be capturing jobbing opportunities in CM and F&O segments using GATS (Greeksoft) ALGO. The ideal candidate should have a minimum of 4 years of experience working at a Broker/Proprietary Trading Firm as an arbitrageur. Extensive knowledge and experience in financial markets, stock market operations, and derivatives are essential. Specific expertise in ALGO is required for this role. Proficiency in MS Excel, position matching, communication skills, and handling OTC trades are also necessary qualifications. If you meet these requirements and are looking to further your career in the stockbroking industry, we invite you to apply for this exciting opportunity at PCS in Mumbai.,

Position Purpose Replacement FTE - Senior Associate for performing OTC Derivatives Regulatory Reporting. Senior Associate will be responsible for performing daily tasks related to reporting of OTC derivatives transactions, Valuation and Collateral to DTCC for various regulations. He/ She will be working closely with off-shore management, Account managers, internal and external stakeholders as part of their daily tasks and will report to the Assistant Manager in Chennai. The staff will be working closely with all internal teams, Paris and local management as part of their daily BAU. Candidate with good functional understanding of the OTC derivative business along with basic knowledge on OTC products & regulatory requirements is required. Responsibilities Direct Responsibilities - Ensured that OTC trades, Valuation and Collateral are reported to Trade Repository (DTCC). - All Nacks/Rejection are actioned and resubmitted to DTCC. - Reconcile the DTCC position with Client position to ensure that all positions are in line. Contributing Responsibilities - Escalating exceptions to appropriate processing team for resolution. - Reporting of exceptions in line with internal control and external client requirements. - Contributing to the team success. - Actively involving in terms of having frequent checks in terms of activities in SOPs and ensuring timely update of Procedures in Global portal within expiry with completeness - Extended error check in terms of identifying any errors/ incidents such that ensuring notifying reporting manager in terms of a complete write up of the incident within 24 hours post error occurrence. - Actively involving in terms of training new joiners in the team. Ensuring end to end training of process flow, logic and BAU activities, and specific activities as per requirement. - Should be able to independently carry forward any formalities in terms of on boarding any new Clients, for the existing process. This involves all the details relevance to services provided, any exceptions, relevant static and contacts details. - Should be able to come up with training plans based on the designation/ experience and expertise of the trainees. - Should be knowing end to end steps involved in terms of Daily/ Weekly/ Bi-weekly/ Monthly/ Quarterly/ Annual MIS analysis and presentation and the expertise ability should assist the management in case of any communication or follow up in future. Technical & Behavioral Competencies Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills. Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines. Proficient in Microsoft Office Applications and strong MS Excel skills required, power BI. Application knowledge like Cappitech, Calypso. Extensive experience of working within Derivative operations. Thorough understanding of all Derivative product classes. The Proficiency in communication should witness in terms of independent working/ understanding details and assist in terms of decision making/ Easy to convey / No compromise in professionalism. Specific Qualifications (if required) Skills Referential Behavioural Skills : (Please select up to 4 skills) Ability to collaborate / Teamwork Ability to share / pass on knowledge Critical thinking Ability to deliver / Results driven Transversal Skills: (Please select up to 5 skills) Ability to understand, explain and support change Analytical Ability Ability to develop and adapt a process Ability to manage / facilitate a meeting, seminar, committee, training Ability to develop others & improve their skills Education Level: Master Degree or equivalent Experience Level At least 3 years