Job Preference:
Job Location: Lower Parel
Qualification:
Any Graduate, CA, MBAJob Description:
• Perform day-to-day operational activities by maintaining statistical data on risk, P/L profiles, and other metrics that traders and managers can utilize to optimize results.
• Handle activities across various asset and product classes i.e. Direct Equity, Mutual Funds, Bonds, Alternate Asset Class (AIF), Commodities, and track key business parameters.
• Manage mid-office risk by tracking Derivative Positions, Leverage, and Market-wise Position Limits
.• Maintain a keen awareness of scheduled market event risk and market conditions, and be prepared to report on potential risks within those contexts.
• Engage with the trading desk to understand trading strategies and changes in portfolios.
• Perform daily Trade, Position, MTM, and Cost reconciliation for all exchanges.
• Manage all banking activities with respect to trade settlement, margin payments, fund movement, etc. (tracking Margin Availability, Pay-in / Pay-out of Securities and Funds).
• Ensure proper booking of corporate actions in the system and in the MIS.
• Maintain accurate data with respect to audits and handle audit queries effectively.
• Ensure complete adherence to checklists and defined SLAs.
• Maintain and update Standard Operating Procedures (SOPs).
• Partner with Technology for systems enhancement and project delivery within prescribed timelines.
• Perform quantitative and qualitative analysis of risk positions, including regular and ad-hoc analysis of VaR, Greeks, Stress Testing, and Market Risk.
• Prepare an agreed risk management framework and situational contingency plans for each trader.
• Aggregate firm-wide risk and flag potential position-level or individual trader risks.
Skills:
• Technical Skills: Strong technical skills with extensive experience in Spreadsheets, PowerPoint, and other Microsoft Office applications.
• Advanced Excel: Hands-on experience in Advanced Excel tools, VBA, and Macros for large database analysis.
• Fund Accounting Experience: Prior experience in Operations with a Custodian in the Fund Accounting function.
• Product Knowledge: Strong understanding of products across asset classes (Equity, Debt, Derivatives, AIF, Mutual Funds, Commodities).
• Trade Life Cycle: Good understanding of controls across the Trade Life Cycle.
• Process Orientation: Strong process orientation and execution skills
• Certifications: NISM certified (preferably NISM Series VIII - Equity Derivatives and / or NISM Series XIII - Common Derivatives).
• People Management: Strong people management and stakeholder coordination skills.
• NAV Calculation: Thorough knowledge of NAV Calculation.