Derivative Operations Senior Analyst

Company Description

As a leading global investment management firm, AB fosters diverse perspectives and embraces innovation to help our clients navigate the uncertainty of capital markets. Through high-quality research and diversified investment services, we serve institutions, individuals, and private wealth clients in major markets worldwide. Our ambition is simple: to be our clients’ most valued asset-management partner.
With over 4,400 employees across 51 locations in 25 countries, our people are our advantage. We foster a culture of intellectual curiosity and collaboration to create an environment where everyone can thrive and do their best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business, or providing thoughtful advice to clients, we’re looking for unique voices to help lead us forward. If you’re ready to challenge your limits and build your future, join us.

Job Description Summary

We are seeking a Pune, India-based Futures Sr. Analyst/ Analyst to join our Derivative Operations team.

Team/Group Description

The Derivative Operations Department is responsible for the operational support front to back for Listed Derivatives instruments used across each of the Strategic Business Units globally. The group will perform middle office, valuation, collateral management, confirmation, reconciliation and settlement of this complex asset class in a team based fast paced atmosphere with opportunities to work closely with others throughout the group.

Role Description

The Futures Sr. Analyst /Analyst is primarily responsible for supporting the margin needs and transaction reconciliation resulting from futures trading working closely with our middle office, valuation and portfolio reconciliation teams while liaising daily with our counterparties. In their day-to-day responsibilities, the candidate will be responsible for assessing if margin calls need to be issued or accepted, determine eligible assets to deliver as margin and enter into margin transactions with counterparties while minimizing operational risk. The candidate will collaborate with both the front and middle office in the escalation and resolution of transaction breaks and margin issues and as well as with the technology team to support enhancements across applications. This position will report to the manager of the Futures Operations team within the Derivative Operations & Technology Department. In this role one should be familiar with various OTC derivative products, proficient with PC skills and be comfortable working in a fast-paced environment

Applications and business or enterprise functions the role supports

Primary applications that used in day to day operation are ACEWIN, AB - Advantage, PMS, SFCM and RAP.

The key job responsibilities include, but are not limited to:

What makes this role unique or interesting (if applicable)?

This is a great role for a candidate to learn the ETD processes by performing reconciliation between AB and various broker. A candidate will get an exposure to communicate different counterparties and various level of AB Management.

Professional development value of this role (i.e., what learning and professional growth does the role offer the candidate?)

This role will offer candidates an opportunity to develop a deep understanding of the ETD and OTC markets, honing professional skills on presenting to senior audiences and the opportunity to grow within a niche part of the financial industry

Job Qualifications (The ideal candidate should have the following)

The ideal candidate should have a Bachelor’s degree (or equivalent) in finance, economics or another relevant discipline from a recognized University with sound knowledge of Capital Markets. Preferred 1-3 years’ experience supporting middle office or collateral operations related to OTC and/or Listed Derivatives on the sell-side or buy-side is preferred, but not required.

Candidates should have a strong ability to work in a collaborative environment and to present results to both expert and non-expert audiences.

Qualifications, Experience, Education

Special Knowledge (if applicable)

Reconciliation experience along with knowledge of capital market would be advantage.