Job Title: Team Leader – Derivative Services
Location: Chennai
Experience: 6+ Years

Job Summary

As a Team Leader – Derivative Services, you will oversee the operational management of Exchange-Traded and OTC derivatives, including transaction processing, margining, collateral management, and reconciliation. Supporting global investment desks, this role involves coordination with internal teams (Investment, Trading) and external stakeholders (brokers, custodians, third-party administrators). You will be responsible for the daily performance of your team, ensuring operational excellence, regulatory compliance, and process improvements in a fast-paced environment.

Key Responsibilities Operational Oversight

Provide post-execution operational support to Fund Managers and internal teams.

Monitor and process trade lifecycle events and derivative transactions.

Deliver timely and accurate reporting to internal and external stakeholders.

Investigate trade discrepancies and coordinate resolution with brokers, custodians, and administrators.

Ensure fund administrators receive correct data and respond to their queries.

Team Management & Collaboration

Oversee day-to-day work of the team, ensuring timelines and quality standards are met.

Prioritize and delegate workload effectively; escalate unresolved issues when needed.

Collaborate with Fund Manager Assistants, Dealers, and operational teams to ensure smooth workflows.

Support knowledge sharing and development within the team.

Risk & Compliance

Identify and escalate operational risks and discrepancies that fall outside service standards.

Maintain and update procedures and control documents as required.

Drive adherence to regulatory, client, and internal policy requirements.

Process Improvement

Lead change initiatives and support implementation of improvements to reduce risk and increase efficiency.

Contribute to automation projects and participate in broader departmental initiatives.

Ensure transparency by disclosing and documenting issues in a timely manner.

Mandatory Skills

Minimum 6 years of experience in asset management, banking, or global custody operations.

Strong knowledge of OTC and exchange-traded derivatives (swaps, options, TRS).

Proven leadership in managing teams and supporting performance in a high-pressure environment.

Excellent problem-solving skills and the ability to assess and resolve complex issues.

Strong risk awareness and control mindset.

Ability to manage competing priorities and deliver on projects alongside business-as-usual (BAU) operations.

Proficiency in Microsoft Excel and related tools (e.g., Macros, Power Query, BQL).

Familiarity with derivative platforms like Aladdin.

Good-to-Have Skills

Certifications such as Investment Operations Certificate (IOC) or CFA Institute Investment Foundations.

Strong presentation and communication skills.

Experience driving process change and building a culture of continuous improvement.

Awareness of reputational risks and ability to address them proactively.

Keywords:
Leadership Development, Derivatives, Risk Management