Deputy Manager - Settlements

JOB DESCRIPTION

Band: 5/4

Reporting to:

Senior Manager Job Title: Deputy Manager/Manager

- Investment Back Office Department/ Location:

Finance/ Gurgaon

JOB SUMMARY AND KEY RESPONSIBILITIES:

- Manage end to end process of accounting and settlement of Derivatives

- Knowledge of Interest rate swaps, Forward Rate agreements and interest rate futures

- Liase with banks for closing of ISDA/CSA agreements

- Knowledge of Bond Valuation.

- Management of audits - statutory and concurrent and others

- Knowledge of IFRS 9 or IND AS 109 or relevant standards

- Lead various cross functional discussions on the derivatives strategies.

- Prepare/ Review key dashboards etc.

- Automation of process in new system/ modules

- Assist in back office operations pertaining to the investments in various funds (control and unit linked) - review of cashflow MIS

MEASURES OF SUCCESS:

- Accuracy of calculation and timely settlement of derivative transactions

- Timely submission of reports/ dashboards

- Providing sufficient data to auditors and ensure that the audit is closed without pending issues

- Automation of reports/ dashboards

JOB REQUIREMENTS

MINIMUM EDUCATION:

- Chartered Accountant/ MBA/CFA level 2 (at least)

MINIMUM EXPERIENCE:

- 3-7 years of relevant post qualification experience in capital markets (Fund Accounting, Hedge accounting and Reporting, ISDA/ CSA documentation)

- Should have knowledge of Mutual fund, Insurance or Hedge fund industry

- Should have sound knowledge of Indian Accounting Standards especially AS 30-32 and IND AS (IFRS 9) or IND AS 109

- Prior working experience in capital markets back office processes

- Insurance experience preferred especially in investment mid office / back office or CA with experience in book closure and preparation of financial statements