The role involves supporting the Middle Office desk of a major multinational bank in performing reviews on Structured Products.
The team is looking for enthusiastic analysts with a sound background in derivative products - Auto-callable, Knock In / Knock Out, Range Accrual, Swaps, Swaptions, Cap & Floor, Total Return Swaps, Bond Forwards, Credit Linked Notes, Mortgage Options, Inflation Swap, Reverse Repurchase Agreement Transactions etc. Preferably with experience in Trade Review _or other Middle Office processes (like Confirmations, Settlements, etc.)_
_The job duties would involve but not limited to the below requirement:_
- Understanding the review process in entirety and performing reviews for multi-Asset (_Equity/Rates/ FX/ Credit/ Commodity)_ desks for various structured products
- Performing 3-way reconciliation between booking system, term sheet and pricing supplement
- Performing required processes along with the reviews
- Ensuring complete documentation (observations, issues) is maintained in the process
- Help in improving quality and reducing SLA on different types of trades and ensuring due diligence while performing reviews
- Provide support to Manager in ad-hoc activities
- Preparing and circulating key MIS reports highlighting the performance of the team internally and with the clients
- Closely working with peers/teams across client and other offshore locations to ensure streamlined product delivery
- Interpreting client business needs and translating them into operational requirements and targets
Skills Required:
- Minimum 3 years’ experience in working in middle office function of the bank or working on Structured trade reviews (preferred for Senior Analysts role)
- Quick learning ability and willingness to learn new products
- Ability to Multi-task and to think out of box and coming up with process optimization ideas and assist in execution and successful testing of the same
- Detail orientation
- Ability to work in a team workplace
- Good