Manager - Structured Trade Review - Investment Banking

Designation : Manager (Sup)

Experience: 8 to 10 years

Work Timings- : Flexible to work in Shifts

Job Location- : Hyderabad

Trade Review:

The STR or Structured Trade Review Team is part of the Global Middle Office (GMO) Team. Structured Trade Review (STR) is a control process designed to reduce this risk for trades which are complex in form or booking, ensuring that trade economics are correctly captured and recorded in the systems according to the confirmation and term sheet

Job Overview - Manager

Trade Review: 

- Reconcile the trade bookings (in at-least one asset class) in the trade/risk booking systems with the documents (Confirmation, Pricing Supplement, Term Sheet) & ensure no discrepancies

- Ensure trades are booked in appropriate valuation models (including MC Scripts) and the trade payoffs/ valuation parameters are correctly captured in the booking

- Identify potential PnL breaks/ settlement breaks due to mis-booking, ensure the amendment of mis-booking & report MTM impact of amendments

- Identify, Confirm & Report conservative valuation bookings (overhedges) & approximate bookings for trades

Process Improvement - 

- Identify issues and control gaps in existing infrastructure

- Work with technology team to streamline our processes and enhance data integrity and control

Project Management - 

- Accountable for the success of small projects or sections of larger ones

- Responsible for the quality and timeliness of all project deliverables and well as the implementation of relevant project management practices (status reporting, issue tracking etc)

- Day to day responsibility for managing the project with line, technology and other partners

Managerial Responsibilities - 

- Manage a small team of associates

- Responsible for performance/issues of all the reporting associates

- Work towards growth and development of all the reporting associates

Requirements-

- Strategic thinker and ability to convert firms long term goals into same who can be creative and innovate.

- Intense work ethic with history of proven strong delivery

- Strong adaptability skills to navigate a large organization to keep the focus on delivering for the business & client whilst minimizing time spent on low value additive activities

- Personal effectiveness: communication, decisiveness, energy & drive, character & works diligently to achieve success

- Strong technical skills to understand the products and business

- Strong analytical skills

- Knowledge or experience with trading products in capital markets: Knowledge of: Fixed Income, intuitive understanding of derivative Pricing, knowledge of Financial Risk Management

- Education : Post Graduation or an equivalent qualification

- Certifications If Any : NA

 Experience Range : Minimum of 4 6 years of experience in Middle office control functions or operations function for OTC derivative products with a total experience of 8+ years

Mandatory skills : (1) Good Understanding of Investment Banking Products from a Middle Office or Back Office background. (2) Strong communication skills across all levels of seniority especially with the Trading desk (3) Proven analytical skills including data reconciliation and interpretation

- Desired skills- : Demonstrate good Excel skills (macros, formulas)