Job Description

Below are the must to have skills

• Derivative
• Tri-Optima
• OTC reconciliation IRA, FX option,
• Settlement knowledge

1. Contract Duration - 1 year2. Location - Mumbai3. Shift Time - 12-9pm IST4. Years of experience required - 3-5 years5. WFH/WFO/Hybrid - Hybrid- 3 days WFO6. Laptop - Yes7. Acceptable Notice Period - 1-2 MonthsReconciliation, Break Reporting and Resolution, Metrics:

• Reconcile positions and market values for swap, options, and forward FXs with counterparties and fund accountants
• Perform daily collateral balance reconciliations with counterparties and custodians
• Perform daily futures and collateral holdings reconciliations with clearing brokers
• Perform rate resets and instruct settlements on swaps
• Perform position and market value reconciliations between Internal systems
• Report and resolve reconciliation breaks in a timely manner
• Escalate material breaks or breaks which could lead to a NAV error or incorrect valuation to relevant stakeholders
• Provide standard and ad-hoc reporting to the Derivatives teams in Europe and North America
• Make recommendations on process improvements and control enhancements
• Review cash settlement breaks pertaining to rate resets
• Maintain metrics regarding above tasks together with trade volumes
• Contribute to operational workflows addressing internal requirements
• Produce monthly counterparty risk reporting for the business and other stakeholders

Relationship Management:

• Work with third party vendors such as fund accountants, custodians, and technology service providers to ensure derivative functions run smoothly
• Liaise with other stakeholders from offices around the globe
• Liaise with Fund Administration and Valuation Control teams in Europe and US
• Liaise with Derivative Middle Office teams to resolve high impact reconciliation breaks

Skills required (essential)

• Strong numeracy and analytical skills
• Exceptional multi-tasking ability
• Accuracy, attention to detail, good organisation skills
• High level English - strong verbal and written communication skills
• High degree of computer literacy, including working knowledge of Windows-based applications such as Word, Excel and Access
• Demonstrated success working in a high volume, high intensity derivatives environment.
• Proven record of collaborating with a diverse group of colleagues across geographic and functional boundaries. Must be team oriented
• Professional maturity, self-confidence, decisiveness and outstanding business judgment
• Ability to assimilate information quickly

Rangam Infotech