Trade settlement- OTC Derivatives

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

Job summary

Kiya.ai in Chennai is seeking Trade Derivatives Analysts to support Middle Office Derivatives functions. You will manage end-to-end trade lifecycle, processing, reconciliations, and cash settlements while coordinating with global stakeholders.

Ideal candidates have 1–3 years in investment banking operations, hands-on derivatives experience, and strong Excel skills. This role is based in Chennai with hybrid work arrangements.

Qualifications

• 1–3 years in Investment Banking/Capital Markets Operations.
• Hands-on experience in Derivatives Operations, Trade Support, or Middle Office.
• Knowledge of the trade lifecycle and reconciliations (cash/position/break).
• Exposure to trade matching, settlements, cash flows.

Responsibilities

• Process derivative trades in internal systems.
• Manage 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

MS Excel

Trade lifecycle

Cash reconciliation

Position reconciliation

Break resolution

Tools

MS Excel

Job description

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 (Hybrid)
Shift: Rotational