Equity OTC Confirmation
2 months ago
Hello Mumbai
We are hiring for topmost investment banking company
Designation: Equity OTC Confirmation
Location: Mumbai (Apply only local candidates)
Experience: 2-3 years
Notice period: Immediate - 30days (Serving NP)
Skills: Good exposure in settlement & process, derivative product, Trade, Equities product(Swaps + OTC options)
Responsibilities
The role is within the Equity OTC Confirmation area, which is part of the broader Equity Derivatives group under the Derivations Operations umbrella Specific Tasks
- Sending across affirmation requests to clients and making sure trades are executed within the timelines.
- Regular follow ups with clients and using the escalation matrix wherever required.
- Understanding the end to end flow of the process and get into contact with sales and trading, brokers, MO and
settlement teams on a regular basis to resolve breaks raised by clients
- Data mining, business analysis, modeling/reporting, and documentation: preparation and compilation of daily/weekly/monthly metric dashboards to ensure thorough business analysis
- Collaborate with team members of all levels to complete daily tasks, share market and systems knowledge, create best practice methodologies and approaches for business analysis, issue follow up and escalation
- Develop relationships with clients (i.e., Counterparties, Traders, Origination, Legal, Credit, IT and Controllers) to understand the priorities of stakeholders to ensure that business needs are met, protect client confidentiality and address ad-hoc requests in a timely fashion. Knowledge of Equities product(Swaps + OTC options) preferred.
- Understanding of basic lifecycle of OTC producs
- Answering detailed queries on specific products including Equity Swaps, OTC Options and Variance Swaps
- Research and resolve documentation discrepancies through proactive communication with internal partners (legal, sales, trading) and external counterparties.
- Ensure accuracy and completeness of internal confirmation records versus electronic platforms
- Implement and maintain stringent process controls to mitigate firm and client risk
If any one interested please share your Updated CV to the below mentioned mail ID
malyala.t@twsol.com