Derivative Reconciliation 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 youre 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 OTC Cash Reconciliation Analyst to join our Derivative Operations department in Global Technology & Operations.

Team/Group Description

The Derivative Operations Department is responsible for the operational support front to back for OTC derivative 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 reconciliation analyst is responsible for the control of derivative trade exposure between our counterparties, custodians and ourselves. They will liaise with both internal and external contacts and escalate to management where appropriate. The reconciliation team works independently from the Front Office and is key to the control of the business, ensuring the highest level of quality is achieved at all times. The candidate is responsible for the reconciliation of day-to-day settlement of payments and receipts related to both standard and complex OTC Derivative activity across Rates, Credit, Equity and FX. Process knowledge and organizational skills are critical for success in this role, as well as a pro-active approach to the position as daily interaction with Front Office personnel and counterparty contacts is expected.

This position will report to the manager of the OTC Cash Reconciliation within the Derivative Operations & Technology Department at Pune. In this role one should be familiar with various OTC derivative products, relevant cash reconciliation exposure in their current role, proficient with PC skills and be comfortable working in a fast-paced environment.

Key job responsibilities include, but are not limited to

Responsibilities will include:

Job Qualifications

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

Skills

Special Knowledge (if applicable)

Any recognized financial certifications is preferred