Job description

🚀 WE ARE HIRING! | SME & SPE – OTC Brokerage Payable 🚀

Are you an expert in OTC Derivatives and Brokerage Reconciliation? We are looking for talented professionals to join our growing team in Pune & Bengaluru!

📌 Position Details

  • 💼 Role: Subject Matter Expert (SME) / Senior Process Executive (SPE)
  • 🏢 Domain: OTC Brokerage Payable
  • ⏳ Experience: 2 to 9 Years
  • 📍 Location: Pune / Bengaluru (BLR)
  • 🗓️ Notice Period: 0 – 90 Days

💰 Compensation & Budget

  • 💵 SME: Up to ₹10.0 LPA
  • 💵 SPE: Up to ₹6.5 LPA
  • 📈 Offered Hike: Standard 30% – 40% on last drawn fixed CTC

🔴 Mandatory Skills & Qualifications (Must Have)

✅ Hands-on experience in OTC Brokerage Reconciliation

✅ Proven expertise in Manual Brokerage Calculation

✅ Strong domain knowledge of OTC derivative products: FX, Options, IRS, CCS, Repos, FXO, PM, PMO

✅ Proficiency in Advanced MS Excel & Word

✅ Exceptional client communication and stakeholder management skills

📋 Key Responsibilities

  • 🔄 Daily Reconciliation: Manage trade reconciliations and calculate brokerage accurately.
  • ⚠️ Exception Management: Identify, escalate, and resolve discrepancies within agreed SLAs.
  • 🤝 Broker Relationship: Handle broker queries, settle outstanding balances, and drive zero-escalation targets.
  • 📊 Reporting & Compliance: Maintain EOD checklists, generate accuracy reports, and participate in client review meetings.
  • 💡 Process Improvement: Identify gaps, propose workflow enhancements, and assist team leads with ad-hoc reporting.

📩 How to Apply

If you fit the criteria or know someone who does, share your updated resume along with the following details:

  • 📄 Current Fixed CTC:
  • 🎯 Expected CTC:
  • ⏳ Notice Period:
  • 📍 Current & Preferred Location:

📧 Email: javeed@careerguideline.com

📞 Phone / WhatsApp: +91 8828153744

Key Skills:

OTC Derivatives, OTC Brokerage, Brokerage Reconciliation, Manual Brokerage Calculation, Interest Rate Swaps, IRS, FX Options, FXO, Cross Currency Swaps, CCS, Repos, Precious Metals, PM, PMO, Trade Reconciliation, Exception Management, Invoice Reconciliation, Inter-Dealer Broker, IDB

Top 5 Core Interview Questions

1.Walk me through a scenario where you had to manually calculate brokerage for a complex OTC derivative trade (e.g., IRS, CCS, or FX Options). What specific variables did you account for?

2.How does brokerage calculation for a linear product like a foreign exchange (FX) Spot or Forward differ from non-linear or swap products like an Interest Rate Swap (IRS) or Option?

3.When your calculated brokerage figure does not match the invoice sent by the Inter-Dealer Broker (IDB), what step-by-step process do you follow to investigate and resolve it?

4.How do you handle brokerage calculations when a trade is amended, canceled, or rolled over post-trade date?

5.What specific Excel functions or tools do you use daily to perform large-volume trade reconciliations and handle dynamic rate cards

How to apply

Press Apply Now to apply online, message us on WhatsApp, or call +91 93379 51988. You can also send your CV through the chat form at the bottom of this page. Career Guideline never charges candidates any fee for a job.