Sr. Analyst - Swap Settlement

Senior Analyst - Swap Settlement

Key Responsibilities

• Swap Settlement Processing

  :

• Process Daily Swap settlements for Unwind swaps

  with various counterparties.

• Process Monthly Reset cycle for Swaps

  and ensure that all cash-flows are settled on time.

• Discrepancy Resolution

  :

  Investigate the reasons for differences in Swap settlement

  and

  coordinate with clients and counterparties for resolution

  of any discrepancy in the swap settlement process.

• Accounting & Reconciliation

  :
• Be involved in

  Booking of Dividend, Tax, Index, or any fees in the client Accounting system

  to reconcile Swap Settlement cash flow.

• Reconcile client cash, trade & position reconciliations

  and their settlements by prime brokers on a daily basis, and

  resolve breaks

  .

• Coordinate with clients for Interest accrual on Month-ends

  and book the same in the internal system versus the Prime Broker's records.

• Wire Preparation

  :

  Prepare the wires based on SSI (Standard Settlement Instructions) setup

  based on agreed settlement amounts.

• System & Process Improvement

  :
• Work in a

  testing environment for testing of new functionality

  .

• Draft SOPs for the process

  to ensure standardized and efficient operations.

• Team Support & Development

  :

• Assist/troubleshoot team members with their BAU (Business As Usual) issues

  .

• Assist the manager and team in timely deliverable of services to clients

  .

• Provide training to new joiners

  .

• Client Launch Support

  :

  Assist the manager in new client launches

  , ensuring smooth onboarding of swap settlement processes.

Skills Required

• MBA (Finance)

  required.

• 7+ years of experience

  working for a

  Hedge Fund Administrator or Hedge Fund Operations

  .

• Excellent knowledge of OTC products

  .
• Past experience in

  managing hedge funds or similar types of alternative products

  (Exchange Listed like Fixed income, Options, Futures, Equities / Non-listed products like TRS/CDS/IRS/ Equity Swaps).

• Advanced knowledge of MS Excel

  .

• Basic knowledge of accounting applications like Enfusion /VPM / Geneva

  will be an added advantage.

• Number Cruncher

  (strong analytical and numerical aptitude).

• Excellent communication skills

  .