Job Id: 20210114015
Job Role: Derivatives Ops Admin II
Experience: Relevant Experience
Qualification: Bachelor’s Degree in Finance, Accounting, Economics, Math or related field
Job Location: Hyderabad
Salary: Best in Industry
Vacancies: Not Mentioned
Job Description INVESCO Careers Job Vacancy in Hyderabad for Derivatives Ops Admin in January 2021:
Under necessary supervision, provides operation support for Derivatives instruments including matching of trades, margins and support Collateral management and Reconciliation. Exercises independent judgment while researching and resolving time critical and risk sensitive issues.
Key Responsibilities / Duties:
Match the Derivatives trades like Futures, Swaps, and Options and raise discrepancies with appropriate internal parties and brokers.
Should have knowledge on Variation Margin calculation for Futures and SWAP’s.
Should have knowledge on SWIFT payments.
Research on discrepancies with trading desks, custodians and brokers to facilitate timely and accurate settlement of trades.
Match the margins with brokers and facilitate movement of margin between broker and custodians.
Support Collateral Management process by matching the collaterals with broker and report excess/deficit collateral.
Validating ETD Derivatives cash and positions
Report and track fail trades with broker, custodian and communicate to appropriate Internal teams.
Proactively contribute ideas and participate in continuous improvement initiatives
Process manual trades in Accounting systems as required
Maintain and update documentation on Trade Processing global operational procedures
Perform User Acceptance Testing and rollout support on upgrade/enhancement of applications used in the daily operation
Maintain and update broker contact sheet and SSIs
Serve as a mentor to Trade Admin I and provide support / cover for Senior Trade Admin
Staggering shift work is required on a rotational basis and as defined by manager to provide global business coverage depending on project, assignment or daily trade activity
Normal office environment with little exposure to noise, dust and temperatures.
Rotating support coverage is required for international markets that are open during statutory holidays
Participate in Business Recovery testing on an as-needed basis as defined by manager
Skills / Other Personal Attributes Required:
Interpersonal skills necessary to communicate effectively with a variety of individuals is required.
Must show the ability to make quick decisions, establish priorities and concentrate on detailed information under pressure on a daily basis.
This includes the ability to handle time critical situations while meeting rigorous deadlines.
Must have the ability to analyse detailed numerical data.
Attention to detail is critical.
Must be adept in all Microsoft Office programs, with a special emphasis in Excel.
Ability to cooperate in a team environment is critical.
Must establish and maintain relationships with internal teams.
Problem solving skills.
Ability to actively participate in projects.
Desire to learn new and complex financial instruments and processes.
Willingness to participate in the development and enhancement processes and productivity.