Deputy Manager I / II - OTC Derivative Trade Operations, Mumbai

Job Description:

JOB DESCRIPTION

Dy. Manager I/ Dy. Manager II in Derivatives Department

Job Title: Dy. Manager I/ Dy. Manager II Department: Derivatives

Reports to: Senior Manager Experience: 3-5 years in Derivatives Market, preferably having experience in Banking/ Financial Institution

Required Qualification: Graduate

Preferred Qualification: MBA/ CFA/ FRM

Skill, Knowledge & Trainings:

 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
 Sound Knowledge and hands-on experience of MS Excel, VBA coding, Python coding and other BI tools is desired.

Core Competencies:

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

Functional Competencies:

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

Job Purpose:

i. Assisting 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. Assisting in day-to-day operations of the Derivatives department

Area of Operations Key Responsibility

1. Daily operations of Trading platforms Completing daily operational activities related to ‘ASTROID’ and other trading  platforms

2. Enhancements in the existing trading platform “ASTROID” and development of new trading platforms

User Acceptance Testing (UAT) of: 

 the new features/ enhancements on the ASTROID trading platform
 New trading platforms being developed.

3. Marketing of existing as well as new trading platforms

Marketing the trading platform to Banks/ Financial institutions/ Corporates

4. Doing research in the new emerging areas of interest and assist in developing products/ services to cater to such demand.

Being updated for all the developments happening in the OTC derivative markets worldwide and assisting in 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.