- Lead the India Treasury Ops Team, attract, retain and develop talent, create the right culture in the team of urgency, escalation, risk understanding and excellence in delivery
- The manager is expected to steer the team and lead as example, strategically contribute towards the organizational delivery of build out of India Team over next few years
- Review and agree to ISDA, SIMM and REPO margin calls and resolve any issues or discrepancies that may arise in the processing of margin calls.
- Validate and agree payments associated with OTC transactions. Investigate discrepancies and resolve any issues in a timely manner, coordination between counterparts and internal departments.
- Reconcile T+1 OTC cash, trade and position data on a daily basis to ensure accuracy and completeness.
- Resolve position discrepancies vs executing and clearing brokers.
- Book wires to instruct payments and receipts of cash to and from counterparts.
- Monitor non-USD currency balances.
- Ensure that all relevant policies and procedures are followed in the processing of margin calls
Requirements:
- Relevant experience required between 16+ Years.
- Undergraduate Degree or above is preferred.
- Past experience in OTC margin and/or operations teams.
- Understanding of ISDA/REPO CSA agreements.
- Knowledge of uncleared margin rules and processes.
- Strong attention to detail and ability to work accurately and efficiently under pressure.
- Proactive desire to improve processes to drive efficiency and reduce risk.
- Knowledge of OTC products in Rates, FX, Equity and Commodity asset classes.
- Understanding of swift payment instructions and mechanics.
- Excellent organizational and communication skills.
- Ability to work independently and as part of a team.
- Strong numerical and analytical skills.
- Robust Excel knowledge (including macros/VBA).