Key Responsibilities
- Derivatives Accounting & Reporting:
- Prepare and review financial reports related to equity derivatives.
- Ensure timely and accurate information to accounting team for all derivative transactions in compliance with accounting standards (Ind AS, IFRS, etc.).
- Reconcile derivative positions and ensure the integrity of data in financial statements.
- Collaborate with internal stakeholders such as CFO, CRO, CCO offices
- Issuance and Compliance:
- Managing issuance Process of Structured Product (NCDs) as per provision of company law and RBI regulations and handling relationship with all stakeholders such as Trustee , RTA, Compliance team
- Ensure compliance with regulatory reporting requirements (RBI, Stock Exchanges etc.)
- Liaise with auditors and regulatory bodies during audits and inspections
- Valuation & Risk Management:
- Perform regular valuations of Structured Product (Nifty Linked) Book
- Assess the risk associated with derivative instruments used for hedging
- Work with risk management teams to ensure effective hedging strategies.
- Realtime tracking of collateral Available and margin utilisation on derivative position
- Realtime tracking of derivative position and coordination with front office and Risk
- Analyse derivative positions, derivative pricing, hedging strategies to provide insights for trading decisions
- Liaise with external counterparties, clearinghouses, and brokers for trade settlement and reporting
- Automation & System Enhancement:
- Work with IT teams to automate Structured Product Process and Reporting.
- Implement systems for real-time tracking and analysis of derivative positions
Qualifications
• CFA candidates (Level 2 cleared or above preferred)
• CA + CFA candidates would be highly preferred
• CA candidates with minimum 1 year of experience in derivatives/financial markets would also be suitable
Preferred Skill Set
• Good understanding of derivatives and financial markets
• Knowledge of option strategies, risk management, and market products
• Strong analytical and quantitative skills
• Proficiency in Excel would be an added advantage
