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.
Company Profile
RBI Bank created group which is leading Financial company into --- and settlement functions provide guaranteed --- and settlement functions for transactions in Money, G-Secs, Foreign Exchange and Derivative markets. It also provides non-guaranteed settlement for Rupee interest rate derivatives and cross-currency transactions through --- CLS Bank. It has also set up a Trade Repository to enable financial institutions to report ---ir transactions in OTC derivatives.
Apply Now
- Interested candidates are requested to apply for this job.
- Recruiters will evaluate your candidature and will get in touch with you.