OTC Settlements Analyst

Job Description

Company Description

As a leading global investment management firm, AB fosters diverse perspectives and embraces innovation to help our clients navigate the uncertainty of capital markets. Through high-quality research and diversified investment services, we serve institutions, individuals and private wealth clients in major markets worldwide. Our ambition is simple: to be our clients most valued asset-management partner.

With over 4,400 employees across 51 locations in 25 countries, our people are our advantage. We foster a culture of intellectual curiosity and collaboration to create an environment where everyone can thrive and do their best work. Whether you&aposre producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to clients, were looking for unique voices to help lead us forward. If youre ready to challenge your limits and build your future, join us.

Describe The Role

Job Description Summary

We are seeking a Pune-based OTC Settlements Analyst to join our Derivative Operations team.

Team/Group Description

The Derivative Operations Department is responsible for the operational support front to back for OTC derivative instruments used across each of the Strategic Business Units globally. The group will perform middle office, valuation, collateral management, confirmation, reconciliation and settlement of this complex asset class in a team based fast paced atmosphere with opportunities to work closely with others throughout the group.

Role Description

The OTC Settlements Analyst is primarily responsible for supporting the settlement needs resulting from OTC derivative trading, working closely with our middle office, valuation and portfolio reconciliation teams while liaising daily with our counterparties, custodians and fund administrators.

Applications And Business Or Enterprise Functions The Role Supports

The primary applications used to support this role are Calypso, Greshams CTC, industry web sites, broker and custodian portals.

Key Job Responsibilities Include, But Are Not Limited To

Specific responsibilities may include but not be limited to:

- Support day-to-day operational needs for equity, fixed income and multi-asset derivative settlement support.
- Ensure all aspects of OTC Derivative trade settlement affirmation are carried out in a timely manner
- Maintain and exchange settlement instructions with counterparties
- Perform reconciliation, fail management and break resolution related to OTC derivative cash settlements
- Participate in team projects to enhance workflow, document processes and support changes in industry regulations related to derivatives.
- Provide superior client service.

Professional development value of this role (i.e., what learning and professional growth does the role offer the candidate)

This role will offer candidates an opportunity to develop a deep understanding of the OTC markets, honing professional skills on presenting to senior audiences and the opportunity to grow within a niche part of the financial industry

Job Qualifications (The Ideal Candidate Should Have The Following)

The ideal candidate should have a degree in finance, economics or another relevant discipline. Preferred 1-3 years experience supporting middle office or collateral operations related to OTC and/or Listed Derivatives on the sell-side or buy-side is preferred, but not required. Candidates should have a strong ability to work in a collaborative environment and to present results to both expert and non-expert

audiences.

Qualifications, Experience, Education

- Excellent communication skills - both written and verbal
- Proven Team orientation skills
- General understanding of Risk & PnL
- Strong control focus - ability to understand and highlight operational risk
- A flexible proactive attitude towards work balanced with effective time management and prioritization skills
- Ability to contribute to the ongoing development of processes
- Proficiency of Microsoft Office Applications, specifically Excel
- Motivated, positive can do attitude
- Proven ability to learn quickly
- Bachelor&aposs degree (or equivalent degree)

Skills

- Strong analytical problem-solving skills along with oral and written communication skills.
- Attention to detail

Pune, India

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