Team Lead - Swap Settlement

7 - 9 years

2 - 6 Lacs

Posted:5 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

  • Process Daily Swap settlements for Unwind swaps with various Counterparty Process Monthly Reset cycle for Swap and ensure that all cash-flow are settlements on time.
  • Investigate the reasons for differences in Swap settlement.
  • Coordinate with client and counterparty for resolution of any discrepancy in swap settlement process
  • Involved in Booking of Dividend , Tax , Index or any fees in client Accounting system to reconcile Swap Settlement cashflow.
  • Prepare the wires based on SSI set up based on agreed settlement amount.
  • Reconcile client cash, trade & position recs and their settlements by prime broker on daily basis & resolve breaks
  • Co-ordinate with Client for Interest accrual on Month-ends and book the same in our system vs PB
  • Working on testing environment for testing of new functionality.
  • Assisting/trouble shooting team members with their BAU issues.
  • Assisting manager and team in timely deliverable of services to client.
  • Provide training to new joiners.
  • Assisting in manager in new client launch
  • Drafting SOP s for the process.

Skills Required

  • MBA (finance) required with 7+ years of experience working for a Hedge Fund
  • Administrator or Hedge
  • Fund Operations.
  • Excellent knowledge of OTC products.
  • Past experience in managing hedge funds or similar types of alternative products (Exchange
  • Listed(Fixed income, Options, Futures, Equities / Non listed products like TRS/CDS/IRS/ Equity Swaps)
  • Advanced knowledge of MS Excel.
  • Basic Knowledge of accounting applications like Enfusion /VPM / Geneva will be added advantage.
  • Number Cruncher and excellent communication skills.

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