Process Daily Swap settlements for Unwind swaps with various Counterparty Process Monthly Reset cycle for Swap and ensure that all cash-flow are settlements on time.
Investigate the reasons for differences in Swap settlement.
Coordinate with client and counterparty for resolution of any discrepancy in swap settlement process
Involved in Booking of Dividend , Tax , Index or any fees in client Accounting system to reconcile Swap Settlement cashflow.
Prepare the wires based on SSI set up based on agreed settlement amount.
Reconcile client cash, trade & position recs and their settlements by prime broker on daily basis & resolve breaks
Co-ordinate with Client for Interest accrual on Month-ends and book the same in our system vs PB
Working on testing environment for testing of new functionality.
Assisting/trouble shooting team members with their BAU issues.
Assisting manager and team in timely deliverable of services to client.
Provide training to new joiners.
Assisting in manager in new client launch
Drafting SOP s for the process.

Skills Required

MBA (finance) required with 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(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 added advantage.
Number Cruncher and excellent communication skills.

Team Lead - Swap Settlement