Manager - Derivatives

Job Title: Manager.

Department: Derivatives.

Experience: 7-10 years in Derivatives Market, preferably having experience in Banking/ Financial Institutions.

Skill, Knowledge & Training:

- Knowledge of various OTC derivative products in all asset classes, especially in FX and Interest Rates.

- Hands-on experience of the OTC derivative products such as Forwards, Swaps, Options and various risk parameters associated with them.

- Practical experience of dealing in these products (as a dealer) and marketing to Banks/ Clients would be desired.

- Strong Project Management Skills for coordinating with other Business departments, Technology teams, and external vendors to ensure that trading platforms meet the evolving needs of Interbank users.

- Sound knowledge and hands-on experience with MS Excel, VBA coding, Python coding, and other BI tools are desired.

- Strong Analytical and problem-solving skills, with keen attention to detail.

Core Competencies:

- Sound understanding of features of OTC Derivative products and their market fundamentals and Regulatory guidelines.

Functional Competencies:

- Understanding how the Trading platforms work and the needs of the trader in Forex and Interest Rate Markets.

- Knowledge of FIX protocol, Order Matching logics and low-latency trading infrastructure is a plus.

Job Purpose:

- Managing day-to-day operations of the Derivatives department and ensuring high availability of the Electronic Trading Platforms (ETPs).

- Assisting the Department in the development of new products and services in OTC Derivative Markets.

- Preparation of Business Requirement Specification (BRS) documents for the development of new products.

- Oversee the design, development and UAT testing of ETPs.

- Marketing of such products to Banks/ Financial Institutions, Corporates, FPIs.

- Collaborate with cross-functional teams including Risk Management, Information Technology, Forex, Legal, Compliance, etc.