Appended below are the JDs for the different roles. You could review the same and revert with your profile as an MS - WORD attachment. In case of any further clarifications please feel free to contact me at +91-9880 - 225551
It would be greatly appreciated if you could circulate this reqmt to your friends, colleagues who are looking for a change.
(There are no issues with out stationed candidates)
CLIENT; Founded in Berlin in 1870 to support the internationalizatio n of business and to promote and facilitate trade relations between Germany, other European countries, and overseas markets, client has developed into a leading global provider of financial services. CLIENT is a leading global investment bank with a strong and profitable private clients franchise with 992 billion in assets, 63,427 employees worldwide AND Financial services in
73 countries .Ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private and business banking franchise in Germany and other selected countries in Continental Europe.
The Global Analytics Group (a wholly owned Group Company) is mainly responsible for modeling of MBS (Mortgage Backed Securities) deals/ issuances placed in the US capital market and payment distribution & tax processing on these deals. This group constructs cash flow deal models on a proprietary web based platform and later takes up processing of such constructed deal models for payment distribution, investor reporting and tax
reporting.
Group Divisions: the Corporate and Investment Bank (CIB), Private Clients and Asset Management (PCAM) and Corporate Investments (CI). Responsibility for the operational management of the group's core businesses lies with the respective Divisional Committees. Its KPO operates from two locations, Bangalore AND Mumbai
The complexity of the deal structures demands accurate and timely payment distribution to the concerned parties/regulatory authorities, within a short turn around time.
The job requires:
Load loan level collateral data into database with proper validation
Handling large amounts of data using in-house tools and SQL.
Ability to assist identification of data issues and providing ad hoc data requests.
Process around 50 deals a month for payment of bond principal and interest based on collateral loan data loaded earlier.
QC the payments, check the reports for accuracy and post the report into website
Update status of processing to managers regularly and accurately.
Ability to apply domain concepts on the job (training to be provided in classroom and on-the-job)
In-depth understanding of payment waterfall (set of logical statements written in legal language)
Ability to identify and resolve reoccurring and new model reporting exceptions on a timely basis
Ability to incorporate/ add validations to existing models.
Ability to communicate precisely and with high level of articulation.
Interaction with the Client Service group of DB located at Santa Ana,
California and other external parties viz. servicers, swap counter parties,
underwriters, investors, etc. for day to day operations.
2. Positions Available
Financial Analyst/Senior Financial Analyst
No of positions - 12
Location - Bangalore
3. Educational Qualifications
(a) Good and consistent academics, right from the high school level
(b) MBAs (Finance) from good business schools, B.E./B.Tech. , M. Sc Maths / Physics/ Statistics from good academic institutions.
4. Years of Experience
The candidate must be of one of the two following categories. However, they must have an exceptional academic track record.
Maximum experience of 1-2 years (in Financial domain and willing to make a career in Finance)
Freshers with Technical skills (willing to make a career in Finance)
Preferbaly 2006 passouts of IIT's,REC's.
5. Skills Required (Techno-functional orientation)
Technical
(a) Knowledge of Relational Databases/SQL (ability to understand and write simple queries) and spread sheets (like MS-Excel, Lotus 123 etc.)
(b) Ability to understand/debug codes in some proprietary scripting language. In addition, if the incumbent has the ability to code in scripting language, it may be an advantage.
Functional/Domain
(a) Basic understanding of financial instruments like Bonds, Loans, Leases, etc. Additional knowledge about Mortgages, Structured Products like MBS/ABS and hedging instruments (like swaps, etc.) will be an advantage.
(b) Understanding of cash flow dynamics associated with the above kinds of instruments. Exposure to discounted cash flow engines.
(c) Ability to interpret issuance related legal documents (Optional)
(d) Ability to build financial models (Optional)
Behavioral
(a) Self starter
(b) Responsible and highly committed
(c) Strong Analytical and Logical reasoning (handy for interpretation of logical statements embedded in legal documents)
(e) Process and Quality Compliant
(f) Only those who are looking for medium term career of minimum of 3 years with us in this business are requested to apply for this position.
6. Working Hours
The incumbent should be ready to work in UK hours (1 PM to 10 PM, IST) for 3 weeks and in US (California) hours (9 PM to 6 AM, IST) for 1 week. Additionally, and depending on the requirements, the incumbent should be willing to work in US (California) hours (9 PM to 6 AM, IST) for the full month once in 6/7 months on rotation basis. Need to work during one weekend
before 25th each month. There will be a compensatory leave later during next
one month on approval basis.
With Regards
Archana Naik
Sr.Team Leader , Staffing & BD ( KPO)
T-SOURCE
Telephone: 080- 25633766 (Board) Mobile: +91-9880225551
Email: archana.naik@ tsource.org To learn more about our services:
<http://www.tsource/. org/> http://www.tsource/. org
