Posted 17 days ago
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The Analyst - Derivatives will manage the full lifecycle of OTC and exchange-traded derivatives, including collateral management, margin call processing, trade settlements and regulatory reporting. The role requires reconciling trades, maintaining clearing accounts, and working with internal teams and external counterparties, brokers and exchanges to resolve discrepancies. Strong technical skills (Excel, VBA, Python/macros), knowledge of FX and/or physical commodity derivatives, and familiarity with platforms like Murex and regulations (EMIR, MAS, Dodd-Frank, REMIT) are desirable. This position is based in Mumbai.
- Compensation
- Not specified
- City
- Mumbai
- Country
- India
Currency: Not specified
Full Job Description
Main Purpose:
Managing the entire lifecycle of Over The Counter and Exchange traded derivativesKnowledge Skills and Abilities, Key Responsibilities:
Experience, Knowledge and Skills
Essential:
- Working knowledge on Derivatives - FX and/or physical commodity
- Technical Skills – Marco, VBA & Python
- Meticulous attention to detail
- Flexible attitude and self-motivated
- Proven ability to partner with global stakeholders
- Fast learner and comfortable operating in a dynamic environment
- Degree educated or equivalent in numerate discipline or above
- Proficient in MS Excel
Desirable:
- SME/end user experience on MUREX platform
- Working knowledge of regulations such as EMIR, MAS, Dodd Frank, REMIT
Key Responsibilities
- Collateral management and OTC Margin call processing
- Ensure all trades processed through clearing banks are correct & reconcile to traders records.
- Work with internal departments, external counterparties and exchanges to resolve discrepancies on trades
- Maintain all clearing accounts on the internal system daily basis, processing contract expiries and trade transfers between accounts
- Inform the Treasury department of the daily movement of cash received or paid to the clearing houses.
- Perform Derivative settlements
- Perform Regulatory reporting for Regulations such as EMIR, MAS, Dodd Frank, REMIT
Key Relationships and Department Overview:
Key Relationships
- Internal: Traders, Deals Desk, Treasury, Oil Accounting, Credit, IT
- External: Clearing Brokers, Exchanges, Executing brokers
- External: OTC Counterparties
