Business Function
Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Job Purpose
- To ensure smooth and error free functioning of end to end operation for Derivatives Desk
Requirements
Key Responsibilities
- Should be able to Manage end to end Derivative Operation covering Interest Rate Swap, Currency swap, Options
- Confirming Settlement amount with counterparties
- Accurate and timely settlements for Derivative transactions
- Processing and reporting derivative transactions ,
- Ensuring compliance with regulatory and internal controls
- Preparation & Monitoring of Confirmation and underlying for derivatives trades
- Responding and resolving queries raised by concurrent auditors. Providing them with all the reports necessary for smooth audit on an ongoing basis
- Monitoring the Nostro reconciliation breaks related to Derivatives
- Prepare various MIS for Management
- Develop recommendations for continuous improvement and support STP and digital strategy for the bank
- Standardization, implementation and regular updation of SOPs for the department to ensure alignment with all relevant regulations
Job Duties & Responsibilities
- Operations Delivery
- MIS & Reconciliation
- Regulatory Reporting related to Derivatives
- Support TMO deliverables
Required Experience
- 3-5 years experience in treasury & market operations of bank / corporate
Education / Preferred Qualifications
- Graduation Degree. Professional qualifications like MBA(Finance) or FRM would be added advantage
Core Competencies
- Previous experience in working Derivatives Desk in Treasury Operation
- Product and working knowledge of Derivatives Products and operations
- A team-player, able to work under tight deadlines and manage multiple concurrent tasks
- Good command over MS Office application
Technical Competencies
- Product and working knowledge of Derivative Products and operations
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Primary Location
India-Maharashtra-Mumbai
Job
Operations
Schedule
Regular
Job Type
Full-time
Job Posting
Jan 15, 2026, 6:30:00 PM