Equity Confirmations Drafting
Summary
Draft and risk-mitigate OTC equity confirmations for structured products, resolving discrepancies and collaborating with banks and internal teams.
Location: Bangalore
Mode: 5 days from office (Transportation will be provided)
Employment Type: Permanent
This is a great opportunity to join Delta Capita’s Post Trade Services Business working with some of the world’s leading financial institutions.
The PTS business is a rapidly growing division within Delta Capita offering a comprehensive range of services to support structured product manufacturers in a variety of areas including documentation drafting, automation, client onboarding, product governance, issuance support, and post-trade lifecycle management. Our team of experts and technology are leveraged by leading structured product manufacturers to transform their businesses, delivering efficient and scalable solutions.
This role will be part of the OTC Equity Confirmations drafting team, supporting one of our investment banking clients.
Job Description
Coverage vanilla and exotic products.
Draft Confirmations requests from counterparties and internal stakeholders.
Risk mitigate and confirm OTC derivative transitions with both internal and external clients via paper or electronic confirmation process.
Deal with trade confirmation language discrepancies and economic breaks, investigating issues to confirm root cause and manage through to resolution
Collaborate with counterparties and internal stakeholders - resolving urgent issues, clarification of issues or drafting points on outstanding trade confirmations.
Create confirmation templates where necessary, seeking Sales, Trading and Legal approvals.
Support Risk, Legal and Trading teams, proposing solutions across documentation.
Deliver strategic projects to drive efficiency and enhanced controls.
Manage other tasks assigned as demand dictates.
Skills and Experience Required
Minimum 3-5 years’ experience within the structured products space
Knowledge of the 2002 and 2006 ISDA Equity and Swap Definitions & terms
Knowledge of key economic (& non-economic) terms within Confirmation documentation
Good front to back knowledge across Confirmations drafting space
Strong communication skills
Experience working with OTC Equity Structured Products. Such products include Conditional Variance Swaps, Phoenix Auto calls, Swap Strategies, Worst/Best of Strategies. Covering vanilla and exotic products.
How We Work:
Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, colour, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and
to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.
This is a permanent full-time position located in Bangalore with onsite working. As the selection and interview process is ongoing, please submit your application in English as soon as possible, if your profile is selected, a member of our team will contact you within 4 weeks.
Who We Are:
Delta Capita Group (a member of the Prytek Group) is a global managed services, consulting and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualised services for financial institutions for non-differentiating services.
Our 3 offerings are:
· Managed Services
· Consulting & Solutions
· Technology
To know more about Delta Capita and our culture click here: Working at DC - Delta Capita.