PSP Investments | Analyst, Derivatives Administration and Settlement (Temporary – 12 months)

Responsibilities

• At PSP Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.
• The Derivatives Administration and Settlement team is responsible for the administrative and operational processing of listed and over-the-counter (OTC) derivative instruments, as well as foreign exchange transactions.
• The team serves as a key control function between portfolio managers, counterparties, clearing brokers, custodians and investment systems to ensure transaction accuracy, integrity and timely settlement.
• You will collaborate with a variety of internal teams and external partners to ensure efficient, accurate and compliant transaction processing.
• The opportunity to work temporarily from another location in accordance with the applicable policy
• Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies.
• Reporting to the Senior Manager, Derivatives Administration and Settlement, you will contribute to the effective execution of daily activities and the management of operational risks associated with derivative transactions.
• Monitor and settle OTC derivative transactions while ensuring compliance with operational deadlines and requirements
• Ensure funds are available and transmit transfer instructions related to margin calls
• Monitor and settle derivative-related market events, including assignments, exercises, expiries, early terminations and other contractual events
• Perform daily reconciliations of margin balances, transactions and positions with counterparties and clearing brokers, and investigate and resolve discrepancies
• Monitor interfaces and dashboards between order management systems, investment accounting systems and data warehouses to ensure complete and timely transaction processing
• Submit settlement instructions related to OTC payments to the custodian and maintain counterparty settlement instructions and contact records
• Conduct research, analysis and follow-up activities related to the team’s responsibilities and provide required information to portfolio managers and stakeholders
• Participate in continuous improvement initiatives, operational process enhancements and departmental procedure updates
• Contribute to special projects and provide support during peak periods to ensure continuity of operations
• Follow us on LinkedIn

Requirements

• Strong understanding of settlement, reconciliation and operational control processes related to financial instruments
• Knowledge of listed and over-the-counter (OTC) derivatives
• Good understanding of the securities industry, financial markets and financial instruments
• Advanced proficiency in Microsoft Excel and the Microsoft Office suite
• Strong analytical, problem-solving and process improvement skills
• Experience with SimCorp Dimension or a similar investment accounting platform is considered an asset

PSP Investments

PSP Investments is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "We're the next generation of pension fund managers."

Its finance, accounts, audit and tax openings in India are mostly in Montreal.

• Industry: BFSI / Investments / Insurance