Job Description

Job Title- Reconciliation Production Analyst
Location- Pune
Note:

• Please share the detailed as an attachment - (Course done in Investment Banking - Imarticus).
• Specific/ mandatory skills: Mentioned in the attachment.
• Experience range: 0-2 Years.
• Open to considering fresher candidates (Yes/No): Yes.
• Open to considering relocation/ non-local candidates (Yes/No): No.
• Contract duration: 8 Months.
• Shift timings: Ready for rotational shift - US/EMEA.
• Number of days work from office: 5.

Role Description-

• Candidate is required to work for Asset Management - Transaction processing Group (TPG) for FX / Derivatives Team.
• Candidate should have knowledge of Confirmations and Settlement of Trades - FX, OTC (SWAPs) and F&O.
• Candidate should have understanding trade life cycle of FX & Derivatives products.
• He / She is required to monitor daily FX / NDF, OTC & F&O Intra-day trades processed by the traders.
• Candidate is required to work on Reconciliation of trades and margins between Our system and Custodian.
• Candidate is required to have knowledge and experience of handling daily Variation and Initial Margin calls required as part of Collateral.
• Candidate is required to work with Custody and brokers on updating SSI's as provided to avoid delay in trade settlements.
• Candidate is required to have good Understanding of NDF fixing process.
• Candidate is required to communicate via emails / calls with brokers and custody team regarding daily trade settlement.
• Prior experience of Aladdin platform will be a strong Plus, not mandatory.

Your key responsibilities

• Working on daily Variation and Initial Margin generated for Futures and Options trades, further confirming with clearing brokers.
• Monitoring trades booked are getting confirmed on timely basis for FX Trades, NDF, OTC Trades.
• Working on Paper Confirmation received from brokers for OTC trades and getting the docs. executed on time.
• Payment Calculation for TRS trades on monthly basis.
• Processing payments after cross verifying with brokers.
• Coordinating with brokers and custodians on settlement of trades, payments etc. via proper communication channels.
• Monthly Fixing of Non-Deliverable FX trades.
• Reconciliation of cash and position breaks

Your skills and experience

• Candidate should have knowledge on Investment Banking and Asset Management.
• Should have knowledge on Derivatives products is preferable.
• Candidate should have good communication skills and Email etiquettes.
• Team co-ordination.
• Ready to work in shift.

Skills Required