Job Description
The Sec & Derivatives Sup is an intermediate management level position responsible for providing full leadership and direction to a team of employees in an effort to process orders and transactions originating from trading desks and branch offices in coordination with the Operations - Transaction Services team. The overall objective of this role is to facilitate the clearance, settlement, and investigation of securities and derivatives transactions.
The role is responsible for managing the end-to-end margin and collateral settlement lifecycle for OTC derivatives and Fixed Income products. The individual will work closely with Front Office, Product Control, Risk, Legal, Treasury, Technology, counterparties, custodians and market infrastructures to ensure timely and accurate processing of margin calls, collateral movements, reconciliations, settlements and regulatory reporting.
The role requires robust knowledge of OTC derivatives, collateral management, margin processes and settlement controls, with a focus on operational risk management,



process efficiency and regulatory compliance
Key Responsibilities
Margin & Collateral Settlement
Manage end-to-end processing and settlement of Initial Margin (IM), Variation Margin (VM) and other collateral movements.
Process cash and securities collateral movements within agreed settlement timelines.
Manage margin calls, collateral substitutions, returns, recalls and releases.
Support collateral movements involving Indian Government Bonds (IGBs), cash and other eligible collateral.
Coordinate with counterparties, custodians and internal settlement teams to resolve failed or delayed settlements.
Monitor settlement status and ensure timely resolution of exceptions.
OTC Derivatives Margin Operations
Support margin processing for OTC derivatives including FX derivatives, Interest Rate Derivatives, FX Options and other applicable products.
Understand and validate margin requirements arising from CSA terms and applicable

📌 Securities & Derivatives Analyst 2PUNE (Koregaon)
🏢 Citi
📍 Koregaon