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Team Leader

Secunderabad, Telangana
Job Code:
  • Banking & Finance
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Job Details

Ensuring all Equity Derivative trades are booked accurately and correspond to terms as agreed between the Front Office and the client. This involves understanding how the trade has been booked on the BAML models to replicate the payoff and comparing this to the economic conditions as set out in the Term sheet and Confirmation which have been agreed with the counterparty.Reviewing Structured Products term sheets and confirmations provided to the STR team by internal Marketers and Operation groups. It is essential that potential candidates have a high level of attention to detail and a good grasp of the English language to review the conditions set out in the documentation. The candidate will need be aware of different, potential scenarios that may affect the trade and understand the impact to payoff.Learn BAML booking templates and scripting languages for model bookings, which is essential in understanding the pay-off profiles of all exotic trade structures. This may also involve reviewing a combination of multiple products and payoffs.Review any subsequent trade amendments that have been done post initial review, to ensure that the trade accurately reflects the agreed / revised terms.The candidate will need to understand how the trade is being risk managed and to review the booking within the context of BAML booking policies. This will form part of monitoring and control of Overhedge and Model Limitation policies.Input into management information around new deal bookings and review metrics, which are regularly produced and submitted to senior middle office management and the trading desks.Answering booking related queries from various groups within the bank. This involves developing relationships with a variety of internal stakeholders, including discussing booking issues with the desk, querying documentation discrepancies with marketers and facing off to operation teams as necessary.Products covered include (but not limited to) Barriers, Cliquet, Asian Option, Variance Swap, Dividend Swap, Best of worst of options, Structured notes e.t.c. RequirementsExperience 2-8 years of relevant MO-Trade Support experienceGeneral Derivatives KnowledgeProven analytical skills and an interest in the products / developing greater understanding.Asset Class specific knowledge.Knowledge of products in specific asset classes is preferable but full training will be given.(Credit Derivatives, Commodities etc)Proven ability to use excel at the highest levelsTeam WorkGood ability to work across teams and support colleaguesDerivative valuationGood Understanding of the core concepts underlying derivative valuations, option trading strategies/ option combinations, mark to market valuation conceptsStrong Analytical / Investigative ApproachAbility to extract information and analyze it accordingly, knowing what is most relevantMust own issues that arise until they are resolved and pro-actively engage management in escalation of items where appropriateStrong Communication SkillsAbility to interact well with other internal colleagues across the BankStrong Time Management SkillsMust be able to manage own time, work to deadlines and priorities workload accordingly.
Degree: CA (Chartered Accountant) | ICWA | MBA/ PGDM

Additional Degree: B.Com. (Commerce)

Experience: 2-6


Banking -General | Claims/Collection Mgmt | Risk/Credit/Economic Analyst | Trading
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