Sr Manager- OTC Derivatives Operations and marketing

Job Description:

Job Title:  Sr Manager

Department: Derivatives

Reports to: SVP

Experience: More than 10 years in Derivatives Market, preferably having experience in Banking/Financial Institution

Required Qualification: MBA In finance

Preferred Qualification: CFA, CQF, FRM

Skill, Knowledge & Trainings:

Sound knowledge of various OTC derivative products in all asset classes specially in Fx and Interest Rate .
Hands on experience in modelling / Valuation of the OTC derivative products such as Forwards, Swaps, Options and various risk parameters associated with them.
Sound knowledge of Regulatory guidelines as well BIS norms
Having a practical experience of Dealing in these products( as a dealer) and marketing to Banks/Clients would be desired

Core Competencies:

Sound understanding of features of various OTC Derivative products and their market fundamentals

Functional Competencies:

Understanding how the Trading platform works and the needs of the trader in Fx and Interest Rate Markets

Job Purpose:

i. Assist the Department in development of new products and services in OTC Derivative Markets
ii. Marketing of such products to Banks/Financial Institutions, Corporates, FPIs
iii. Maintaining linkages with all stake holders like Regulators, Banks , Financial Institutions, Corporates, FPIs to understand their requirement 
iv. Assist in day to day operations of the Derivatives department

Area of Operations Key Responsibility

 
1. Development of new trading platform for OTC derivative products Conceptualizing , creating , developing and implementing new products for Trading in OTC derivative space

2. Enhancements in the existing trading platform “ASTROID”
3. Adding new analytic features

Enhancing existing structure and processes for products under scope and implement the same in suitable technology stack. Ensuring the correctness of the outputs on a day
to day basis

4. Marketing of existing as well as New trading platforms Marketing the trading platform to  Banks/Financial institutions/Corporates

5. Supervising the day to day operations of the department’s functioning , in case of need Supervising the team to complete all the operations of the department for error free functioning Good drafting skills

6. Doing research in the new emerging areas of interest to CCIL and develop products / services to cater to such demand 

Being updated for all the developments happening in the OTC derivative markets world wide and developing suitable products .

Any Other Requirement:

A good team player, having a keen interest and capacity to quickly learn new emerging developments, both in OTC derivative markets and in technology areas and able to train the team in such areas.