Job Description

Responsibilities New agreement setups in margining application to facilitate daily exposure feed based on Agreement terms Verification of call details originating from internal applications and exchange margin call notices with clients Follow-up on margin calls due for payment where we do not have receipt of counterparty confirmation Verification of settlement instructions before releasing cash /securities as collateral Month end interest settlements with clients on collateral balances Daily reconciliation, investigation and resolution of margin call disputes/discrepancies. MIS, reporting of operational and trading exposures to management Maintenance of data in relation to points of contact internal and external and additional information necessary to effectively and efficiently resolve disputes Working closely together with Static data team, Settlements, Traders, and clients to ensure accurate information is updated within our processing database Responsible for monitoring and clearing items on the daily breaks/exception reports, Clearing aged breaks Generate and publish daily control reports including MTM Swings, cash/security fails, zero MTM, Stale prices, open aged calls, etc. Monitoring of security balances and allocating securities based on prioritization list to optimize utilization Responsible for placing margin calls, performing reconciliation and resolving disputes for repurchase agreements MIS, reporting of operational and trade exposures to management, liquidity and regulatory reporting Reconciliation of collateral balances for Repo, FO and publishing breaks reports Requirements Education : Graduation/PG Certifications if any : NA Foundational skills : Excellent communication skills (both verbal and written) Flexible to work in night shifts Strong knowledge of investment banking, capital markets Derivatives logical and analytical skills Excellent organizational skills are required with the ability to prioritize daily workload, work accurately and efficiently under pressure To be flexible in their attitude and approach, and be willing to work extra hours during the week with overflow of volume and to provide cover for holidays planned and unplanned. To be able to communicate effectively, and clearly escalate queries to clients and Onshore Team verbally and written. - Maintain established productivity levels as per SLA Desired skills Experience in OTC/Repo/FO Derivative Collateral Management/Portfolio Reconciliations/Margin Management Knowledge of regulations such as Dodd Frank, EMIR, CFTC, etc would be and added advantage Market knowledge on Derivatives Fixed income, recent trends and global changes