Assistant Manager/Deputy Manager – Derivatives Back Office

Primary Responsibilities:

• Monitor daily derivative trades and ensure accurate capture, validation and reconciliation.
• Prepare daily reports on positions, MTM/P&L, margin utilisation, delta exposure and key risk metrics.
• Track live exchange margins (SPAN, Exposure, ELM, Peak Margin, ASM etc.) and coordinate timely funding.
• Monitor option Greeks and support risk monitoring for hedging portfolios.
• Perform beginning-of-day and end-of-day position reconciliation with brokers/exchanges.
• Prepare rollover, expiry and settlement reports.
• Coordinate with Front Office, Risk, Treasury, Finance, Compliance and Clearing Members.
• Investigate and resolve trade breaks and reconciliation exceptions.
• Develop and automate MIS using advanced Excel; VBA/SQL preferred.

Essential Skills & Competencies:

• Strong knowledge of NSE/BSE Equity Derivatives (Futures & Options).
• Good understanding of exchange margins, trade lifecycle and risk reporting.
• Knowledge of option Greeks (Delta, Gamma, Vega and Theta) will be preferred.
• Advanced Microsoft Excel (Pivot Tables, Power Query, Lookups)
• Strong analytical, communication and problem-solving skills.
• Ability to work independently in a fast-paced dealing room environment.

Minimum Qualification

• :Graduate or Postgraduate in Commerce, Finance, Economics, Mathematics or related discipline
• .MBA (Finance) preferred
• .NISM Derivatives Certification or other capital market certifications will be an added advantage

.Experience

• 2–5 years of relevant experience in Equity Derivatives / Futures & Options Back Office, Middle Office or Trade Support functions with a Bank, NBFC, Broker, AMC or Financial Institution

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