Role description
Job Title: Derivatives Lead Shift: UK Hours
Location: Chennai Overview of the Role The Derivatives Operations Analyst will be responsible for end-to-end post-trade processing, lifecycle management, reconciliation, and reporting for all derivatives products (Exchange-Traded and OTC). The role includes managing trade confirmation, collateral and margin workflows, fund reporting, and break resolution in coordination with fund administrators, prime/executing brokers, custodians, and internal teams. This position requires strong derivatives product knowledge, excellent communication skills, and the ability to operate in a dynamic, fast-paced asset management environment. Key Responsibilities
Provide full post-execution operational support to Fund Managers, Dealers, Fund Manager Assistants (FMAs), and Third-Party Administrators (TPAs).
Daily processing, confirmation, and reconciliation for a range of derivative products, including:
OTC Derivatives: Options, Credit Default Swaps (CDS), Interest Rate Swaps (IRS), Inflation Linked Swaps
Exchange-Traded Derivatives (ETD)
Contracts for Difference (CFDs)
Manage trade lifecycle events (e.g., resets, expiries, exercises) across all derivative types.
Oversee daily margin and collateral processes with counterparties and Prime Brokers.
Confirm trades electronically on trade date and ensure timely settlement.
Reconcile income and asset servicing transactions with Prime Broker records.
Reconcile and settle monthly derivative resets.
Maintain and reconcile tax tables in line with investor types and market rates.
Resolve income and transaction breaks promptly and escalate when necessary.
Ensure trade and position data is accurately reflected in core systems and spreadsheets.
Adhere to internal controls and AAF (Assurance Reports on Internal Controls) guidelines for document filing and record keeping.
Support onboarding of new funds and share classes by coordinating with internal and external stakeholders.
Liaise with TPAs, responding to queries and ensuring proper notification of derivative activity.
Follow and enhance procedures and controls to mitigate operational risk.
Ensure all operational deadlines are met and issues are disclosed promptly and comprehensively.
Must-Have Skills & QualificationsCategory Requirements
|
| Experience |
Minimum 5 years of hands-on experience in derivatives operations (ETD and OTC) within an asset management, hedge fund, or investment banking environment |
| Product Knowledge |
- Strong understanding of derivative products: CFDs, CDS, IRS, Options, Swaps- Full trade lifecycle knowledge |
| Trade Systems |
Experience with trade matching platforms and derivative confirmation systems |
| Reconciliation & Controls |
Proven experience in reconciliation processes, margin/collateral workflows, and following internal control standards |
| Communication |
Strong written and verbal communication skills to engage with internal/external stakeholders |
| Attention to Detail |
High accuracy in processing and reporting; diligent in resolving discrepancies |
| Soft Skills |
- Ability to work effectively under pressure in a team environment- Proactive in identifying and escalating issues- Deadline and detail oriented |
Good-to-Have Skills & QualificationsCategory Requirements
|
| Certifications |
- Investment Operations Certificate (IOC)- CFA Institute Investment Foundations- NSE Certification- Foundations of Financial Risk |
| Systems Knowledge |
Familiarity with systems used in asset management (e.g., Aladdin, MarkitWire, TriResolve) |
| Technical Skills |
- Advanced Excel skills (formulas, PivotTables)- Experience with tax tables and reset reconciliations |
| Fund Onboarding |
Experience supporting new fund/fund share class setups from an operations perspective |
| Process Improvement |
Participation in process automation, efficiency improvements, or audit/risk reviews |
Behaviors & Attributes
Proactive and solution-oriented
Strong organizational and time management skills
Committed to continuous improvement and high-quality service
Comfortable navigating ambiguity and changing priorities
Compliant with regulatory and internal risk policies
Skills
Derivatives,Trade Execution,Delivery Leadership
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UST
Nov 12, 2025