Trade settlement- OTC Derivatives

Kiya.ai; Chennai, Mumbai; Hybrid; INR 600,000 - 900,000; Full time

Job summary

Kiya.ai in Chennai / Mumbai is hiring Trade Derivatives Analysts/Associates with experience in Investment Banking Operations to support Middle Office Derivatives functions. You will manage end-to-end trade lifecycle, derivatives processing, and trade reconciliations.

The role requires hands-on derivatives operations, cash and position reconciliations, breaks resolution, and coordination with global teams. Hybrid work arrangement in Chennai or Mumbai with shift rotation.

Qualifications

• 1–3 years of experience in Investment Banking / Capital Markets Operations.
• Hands-on experience in Derivatives Operations, Trade Support, or Middle Office.
• Good understanding of the trade lifecycle.
• Experience in cash reconciliation, position reconciliation and break resolution.
• Exposure to trade matching, settlements, clearing, and cash flow processing.
• Knowledge of derivatives products such as futures, options, swaps, or FX derivatives.
• Strong MS Excel skills.

Responsibilities

• Process derivative trades in internal systems.
• Manage the complete trade lifecycle from trade capture through settlement.
• Perform cash and position reconciliations and investigate breaks.
• Liaise with counterparties, custodians, brokers, and internal teams to resolve trade and settlement exceptions.
• Process and monitor derivative cash flows, including margin-related activities.
• Escalate operational issues and ensure timely resolution within SLA.
• Support trade matching, settlement, and exception management.
• Maintain operational controls and ensure adherence to internal policies.
• Work closely with global Middle Office, Operations, and Technology teams.

Skills

Derivatives Operations

Trade Support

Middle Office

Trade lifecycle

Cash reconciliation

Position reconciliation

Break resolution

MS Excel

ETD/Equity/FX Derivatives knowledge

Tools

MS Excel

Job description

We are hiring Trade Derivatives Analysts / Associates with experience in Investment Banking Operations to support Middle Office Derivatives functions. The role involves end-to-end trade lifecycle management, derivatives processing, trade reconciliations, break resolution, cash settlements, and coordination with global stakeholders.

Key Responsibilities

• Process derivative trades in internal systems.
• Manage the complete trade lifecycle from trade capture through settlement.
• Perform cash and position reconciliations and investigate breaks.
• Liaise with counterparties, custodians, brokers, and internal teams to resolve trade and settlement exceptions.
• Process and monitor derivative cash flows, including margin-related activities.
• Escalate operational issues and ensure timely resolution within SLA.
• Support trade matching, settlement, and exception management.
• Maintain operational controls and ensure adherence to internal policies.
• Work closely with global Middle Office, Operations, and Technology teams.

Required Skills

• 1 - 3 years of experience in Investment Banking / Capital Markets Operations.
• Hands-on experience in Derivatives Operations, Trade Support, or Middle Office.
• Good understanding of the trade lifecycle.
• Experience in cash reconciliation, position reconciliation, and break resolution.
• Exposure to trade matching, settlements, clearing, and cash flow processing.
• Good knowledge of derivative products such as Futures, Options, Swaps, or FX products.

• Strong MS Excel skills.

Preferred Product Knowledge

• Exchange Traded Derivatives (ETD)
• Equity Derivatives
• Fixed Income Derivatives
• FX Derivatives
• Commodity Derivatives

Location: Chennai / Mumbai (Hybrid)
Shift: Rotational