Ops & Settlement & Risk Mgmt. & Eq/ Commodity Derivatives - Kotak Institutional Equities

Job Role:-

• Seeking a professional with 4–6 years’ experience in Commodities, Risk Management, Operations, and hands‑on expertise in trade processing and settlements; additional knowledge of FnO and Currency is an advantage.
• Have a throughout knowledge of risk management setup of Client, Trader and at Broker level for Commodity Derivatives, Cash Equities & F&O .
• Setting of Risk Management - Limit and Margin monitoring of client , dealer and so on
• To have experience in testing Commodity Derivatives Risk Management Software is essential like Omnesys, Greeksoft &Odin etc.
• To have good understanding of margining mechanisms such as VAR, EWMA, SPAN and margin framework for commodity derivatives and other segments.
• Liaising with the vendor software development team. Work in close co-ordination with functional test team to Analyze test cases thoroughly to ensure adequate coverage of requirements.
• Contracting and sending Trade Confirmation / Contract notes and EOD files to custodians/clients
• Receipt/Payment entries for Margins, Brokerage and statutory charges.
• MIS reporting, Updating various masters (scrip, client, brokerage, etc.) in system
• Managing regulatory trade reporting obligations if any.
• Handling Client, Audit and Exchange Queries if any.
• Ensuring timely tracking and analyzing the process impact of various circulars issued by exchanges i.e. NSE, BSE, MCX and SEBI
• Analyzing regulatory changes and implementing the same with help of technology and other support groups.
• Process automations and system development as and when identified or required.
• The role involves a high degree of interaction with the business as well as other members of the support team and the technology project teams.
• Liaising with colleagues and other teams within the technology group to resolve issues and drive system enhancements.

Job Requirement :-

• Qualifications & Experience – Any graduate or post graduate with 4 to 6 years of work experience required.

Skills required –

• Preferably having worked on TCS Bancs back-office software and used Kambala / Omnesys / Greek for Risk Management.
• Excellent communication skills – written and verbal. This includes Interaction with institutional clients (foreign and domestic), exchanges, Proficiency with Windows Operating system, MS Excel, MS Word, MS PowerPoint.
• Candidate should be willing to work in shifts related to commodity derivatives segment