Job Description
The role is to manage OTC trade processing & confirmation team, You will be responsible for processing Swap Settlement Process and Reconciliation.
The role is a good blend of product knowledge and usage of technology.
The role also involves Direct contact with client and brokers.
With the experience , candidate should be well versed with the products in dept understanding and should be able to provide class room training to the team members. Building SOP’s and Task list for new process with proper risk control.
Troubleshooting team members in reconciliation and assisting managers in new client launch.
Responsibilities
· 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.
· Team Handling Exp is must.
Advantageous Skills
Working in Fund Administrator in Hedge Fund Client
Academic Requirements
MBA with 4+ years experience.
Job Types: Full-time, Regular / Permanent
Salary: ₹500,000.00 - ₹+00,000.00 per year
Schedule:
Day shift
Speak with the employer
++1-XXXXXXXXXX
The role is a good blend of product knowledge and usage of technology.
The role also involves Direct contact with client and brokers.
With the experience , candidate should be well versed with the products in dept understanding and should be able to provide class room training to the team members. Building SOP’s and Task list for new process with proper risk control.
Troubleshooting team members in reconciliation and assisting managers in new client launch.
Responsibilities
· 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.
· Team Handling Exp is must.
Advantageous Skills
Working in Fund Administrator in Hedge Fund Client
Academic Requirements
MBA with 4+ years experience.
Job Types: Full-time, Regular / Permanent
Salary: ₹500,000.00 - ₹+00,000.00 per year
Schedule:
Day shift
Speak with the employer
++1-XXXXXXXXXX
💡 Quick Summary
Seeking a career-building opportunity? The Team Leader | Accounts position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
