Sr Derivatives Ops Admin

Job Description

Job Description Match the Derivatives trades like Futures, Swaps, and Options and raise discrepancies with appropriate internal parties and brokers. Should have knowledge on Variation Margin calculation for Futures and SWAP s. Should have knowledge on SWIFT payments. Research on discrepancies with trading desks, custodians and brokers to facilitate timely and accurate settlement of trades. Match the margins with brokers and facilitate movement of margin between broker and custodians. Support Collateral Management process by matching the collaterals with broker and report excess/deficit collateral. Tracking and processing Collaterals Validating ETD Derivatives cash and positions Report and track fail trades with broker, custodian and communicate to appropriate Internal teams. Proactively contribute ideas and participate in continuous improvement initiatives Process manual trades in Accounting systems as required Maintain and update documentation on Trade Processing global operational procedures Perform User Acceptance Testing and rollout support on upgrade/enhancement of applications used in the daily operation Maintain and update broker contact sheet and SSIs Serve as a mentor to Trade Admin I II and provide support / cover for Team Lead Build strong business relationship with internal departments supported Establish business relationship with application vendors (e.g. Omgeo, Bloomberg, Eagle, BlackRock). Supporting to the internal and external Auditors. Working Conditions: Staggering shift work is required on a rotational basis and as defined by manager to provide global business coverage depending on project, assignment or daily trade activity Normal office environment with little exposure to noise, dust and temperatures. Rotating support coverage is required for international markets that are open during statutory holidays Participate in Business Recovery testing on an as-needed basis as defined by manager Off hours support and travel may be required Work Experience / Knowledge: Sound knowledge of investment products globally is required Knowledge of Derivative Instruments and EQ/FI Trade Life Cycle Must have a working knowledge of 4-7 years of experience in Investment Industry A good understanding of the Derivatives Products (Futures, Swaps, Options) and the confirmation and settlement processes for these instruments Full Time / Part Time Full time Worker Type Employee Job Exempt (Yes / No) No