1.0 - 5.0 years

2 - 6 Lacs

Chennai

Hybrid

Direct Responsibilities Collateral Management: Daily Collateral scope Checking the exposure of the portfolio with corresponding counterparties and perform booking the trades and doing the reconciliation based on the receivables and payables with the counterparty. Cash reconciliation Perform daily cash reconciliation between bank statements received from custodians and various Counterparties versus our position keeping tool and perform the daily collateral(Bilateral and Cleared) OTC scope within the stipulated time. Liaise with Counterparties, portfolio managers, service providers and various teams within Ops to maintain the accuracy as per the specification in our position keeping tool. Update internal reports and monitor outstanding breaks in cooperation with Counterparties, custodians, accountants, clearers and teams within investment Ops. Securities reconciliation Perform daily position reconciliation between bank statements received from Counterparties, custodians and various clearing agents versus our position keeping tool. Check all cash and positions linked to OTC instruments Basic Requirement Thorough understanding of all Capital market, Financial Instruments, Investment baking processes and above average accounting skills An understanding of a variety of OTC Instrument types including Swaps, futures and Forwards Ability to work independently, as well as in a team environment, prioritizes multiple tasks and meets strict deadlines Technical Requirement Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills Trouble shooting skills set to have smooth BAU. Proficient in Microsoft Office Applications and strong MS Excel skills required Good verbal and written communication Contributing Responsibilities Process accurate on collateral activities on a Global basis within given deadlines. Interact with both internal and external parties to resolve disputes and breaks with counterparties and clearing agents Query resolution in accordance with time frames set out in Client SLAs Constantly review procedures to keep up to date with the change in process. Manage all ad-hoc projects and new initiatives. Performing a range of daily, weekly, monthly reportings/ controls to ensure completeness of processing. Work with the counterparties to capture Collateral balance and exposures Resolve cash break and security break issues in a timely basis. Based on the experience, should able to identify the areas for improvements in the process and implement stringent controls and ensure operational excellence. Role & responsibilities Preferred candidate profile

Posted 4 days ago

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Agency Lending Kiya.ai

1.0 - 3.0 years

3 - 7 Lacs

Chennai

Hybrid

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. They 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 Get trained in each function and tasks of the settlement and collateral management processes. Prior Exp working closely with Pirum application particularly in the context of Contract compare and recon is MUST Good understanding of the billing process within agency lending functions or similar functional operations . Liaising closely and provide an exceptional level of service to the Front Office. Keep up and manage every operational aspects linked to the activity of Principal Lending. (Loan & Collaterals) and maintain quality relationship with respective custodians, external stakeholders like counterparties and also with our traders. Check the exposures on client funds during the day and manage daily call margins with brokers and with triparty agents Monitor all the loans booked by Front Desk & collateral trades are settled in time in adherence to the settlement cycle. Resolve breaks in the reconciliation in collaboration with reconciliation team. Must be able to see tasks through to completion with a sense of accountability. Ensure Client & management reporting is made within deadline and without any errors or delay. Perform control tasks required for the process, double check and confirm the completion of tasks within the deadline in line with daily checklists.

Posted 5 days ago

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