We are looking for a resourceful candidate to join our Financial Operations group, based out of the firm’s Hyderabad office.
 

If hired, you will support one or more of the functions mentioned below:

Compliance – The Compliance group is responsible for implementing and enforcing policies and procedures across multiple regulatory requirements, where you will be assisting front office trading desks by conducting thorough research on the firm’s positions and applicable regulations for each asset class across jurisdictions through the deployment of advanced data analytics and data visualization techniques like statistical analysis, predictive modelling, clustering, etc. on tools like PowerBI and others. You will also perform regulatory filing obligations, requiring complex quantitative and qualitative analysis of the firm’s short position and long ownership reports across US, UK, EU, Japan, etc. jurisdictions, and assist in monitoring and implementing controls designed to ensure compliance with global regulations by deploying various data analytics and visualization techniques. Additionally, you will be conducting thorough analysis on the fundamental research data collected by the trading groups through their interactions with external industry experts/consultants around various market sectors to avoid potential trading while in possession of material non-public information. Furthermore, you will be assisting with longterm projects to maintain the firm’s high standards of compliance with new and existing regulations.

Counterparty Relationship Management – This role provides an opportunity to gain a sound understanding of key data points, including the firm’s trades, positions, and margins; research, trading, and financing costs; broker interactions and broker vote results; and revenue and client ranks. The team is responsible for coordinating with multiple stakeholders, including the Front Office, Treasury, Middle Office, technology teams, and counterparties, to ensure a seamless infrastructure for calculating, reviewing, and reporting commissions and financing costs. The team works closely with the technology team to develop platforms and tools for reporting and analysis, streamline workflows, and improve the user experience. The team is responsible for driving project integrations and analyzing multiple data points to generate actionable insights that may lead to adjustments in the firm’s counterparty relationships.

Tax – The Tax team is responsible for timely and accurate filings of Federal and state tax returns for U.S. entities and issuing statements (Schedule K-1s) and projections to our investors. The team does extensive tax compliance work for Partnerships and Corporations, relating to U.S. Hedge funds, U.S. Private Equity, and Management Company entities. The team performs a detailed review of tax workpapers and tax returns, a detailed analysis of financial products and their tax treatment, analyzes the book income, computes the taxable income, and allocates it to the investors using complex tax allocation methodologies. The team interacts with various internal and external stakeholders to understand the process workflows relating to trade and fund accounting and industry-wide tax practices and their reporting. The team plays a pivotal role in various tax process automation initiatives and generates tax analytical and visualization dashboards, which aid in creating efficiencies and alpha generation. Additionally, the team works with the Tax Planning team on entity structuring consultation, analyzing tax implications for new financial products, comprehending new tax regulations, and devising various strategies to optimize tax efficiency.
 

• A Chartered Accountancy degree and should have cleared CAInter/IPCC in their first or second attempt and completed a minimum of one year of articleship experience
• An ability to uphold high standards, analyze rigorously, communicate clearly and concisely, thrive on collaboration, and should demonstrate a high degree of intellectual curiosity. Knowledge of business intelligence tools, along with an understanding of global accounting frameworks, would be an added advantage
• High motivation and be an individual who can handle high levels of ownership in the respective area of operation while being comfortable functioning in an agile environment that entails timebound, high-quality deliverables

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The D. E. Shaw group is a global investment and technology development firm with more than $60 billion in investment capital as of December 1, 2023, and offices in North America, Europe, and Asia. Since our founding in 1988, our firm has earned an international reputation for successful investing based on innovation, careful risk management, and the quality and depth of our staff. We have a significant presence in the world’s capital markets, investing in a wide range of companies and financial instruments in both developed and developing economies