• Assistant Manager Jobs in Hyderabad,India - 23828770

  • BA Continuum India Pvt Ltd

Job Description:

Derivatives Collateral Operations manages the margining for the OTC, Repo Derivatives Foreign Exchange businesses and Repo agreements Collateral Management is a tool to control reduce the banks credit exposure risk on Derivative trades The Collateral Operations Unit monitors daily margining for customers across various products (Rates, Commodity, Structured Credit, Equity, Foreign Exchange, and Repo, Futures Options) The Counterparty s net exposure is evaluated each morning in order to determine collateral requirement Margin Calls are made and received by Collateral Analyst and collateral exchanged Team is also responsible to perform Security Optimization, Journal processing, liquidity and regulatory reporting


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


Education - Graduate/Post Graduate in commerce from renowned university
Assistant Manager 8-10 Years of e xperience range

Mandatory 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

Work Timings 0630 AM IST - 0330 AM IST


Profile Summary:

Employment Type : Full Time
Industry : Banking / Financial Services
Salary : Not Disclosed
Deadline : 15th Apr 2020

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