Trafigura Global Services - Analyst - Derivatives

Analyst - Derivatives (Mumbai. 1-6 years, CFA/ MBA - Finance)

Department Profile:

- All of Trafigura's global derivatives positions flow through this department which gives us a wide exposure to the different global derivatives contracts in the market. Swaps and Futures is the backbone of Trafigura's trading structure and as such we are responsible for managing the complete lifecycle of Derivative positions and are the key point of contact for all front and middle office derivative queries. Communication within this department is not limited to internal stakeholders but with external counterparties as well to ensure that the business commercial requirements are met.

- The nature of Trafigura's business is constantly changing with new assets classes being constantly added, all team members are trained to be adaptive to meet this challenge. Whilst tasks might be process-orientated, team members are encouraged to think critically to improve the current workflow. Opportunities in this team exist for cross-training and multiple members of this department in the past have gone on to take on more challenging roles within the organization

Main Purpose:

- Managing the entire lifecycle of Over The Counter and Exchange traded derivatives

Experience, Knowledge and Skills:

Essential:

- Working knowledge on Derivatives - FX and/or physical commodity

- Proficiency in critical thinking and the ability to evaluate information objectively.

- Flexible attitude and self-motivated

- Proven ability to partner with global stakeholders

- Ability to navigate ambiguity and make sound decisions under pressure

- Fast learner and comfortable operating in a dynamic environment

- Demonstrated ability to analyse complex problems, break them down into manageable components, and develop effective solutions.

- Excellent logical reasoning skills with the capacity to connect ideas, identify patterns, and draw logical inferences.

- Degree educated or equivalent in numerate discipline or above

- Proficient in MS Excel

Desirable:

- SME/end user experience on MUREX platform

- Working knowledge of reconciliation, settlements of OTC/ETD products

Key Responsibilities:

- Ensure all trades processed through clearing banks are correct & reconcile to trader's records.

- Work with internal departments, external counterparties and exchanges to resolve discrepancies on trades

- Maintain all clearing accounts on the internal system daily basis, processing contract expiries and trade transfers between accounts

- Work with the Finance team to analyse the impact of moving positions and get optimized Margining benefits

- Inform the Treasury department of the daily movement of cash received or paid to the clearing houses and perform derivatives settlements.

- Collateral management and OTC Margin call processing

- Perform Regulatory reporting for Regulations such as EMIR, MAS, Dodd Frank, REMIT

Key Relationships:

- Internal: Traders, Deals Desk, Treasury, Oil Accounting, Credit, IT

- External: Clearing Brokers, Exchanges, Executing brokers

- External: OTC Counterparties.