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        Industrial Trainee - Financial Operations

        Join our Financial Operations team in Hyderabad

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

        What you’ll do day-to-day

        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.

        Who we’re looking for

        • 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

        At the D. E. Shaw group, we believe the diversity of our employees is core to our strength and success. We are committed to supporting our people in work and in life, which is why we offer benefits such as a family planning and surrogacy program and a charitable gift match to all full-time employees.

        Additionally, our staff-led affinity groups are pillars of our community, helping to celebrate diversity, promote leadership and development opportunities, and facilitate inclusive mentorship. Members and allies organize a wide range of educational and social programming, from expert talks to film festivals.

        Candidates with relevant experience looking to restart their careers after a break are encouraged to apply for this position.

        The members of the D. E. Shaw group do not discriminate in employment matters on the basis of race, color, religion, gender, gender identity, pregnancy, national origin, age, military service eligibility, veteran status, sexual orientation, marital status, disability, caregiver status, or any other category protected by law. We are committed to the principles of diversity, equity, and inclusion, and are eager to hear from individuals having a wide range of backgrounds and personal characteristics.

        Candidates who are residents of California (any such candidate, a “California Resident”) should click here for our CCPA Recruitment Personal Information Privacy Notice.

        The D. E. Shaw group may collect, use, hold, transfer, and process candidates' resumes and associated information (including personal information contained therein) for purposes reasonably related to their application, including without limitation: review and management of employment applications and supporting materials; administration and management of offers to and communication with candidates; and administration, management, and improvement of the recruiting operations of the D. E. Shaw group; and/or where reasonably required in connection with a proposed sale, spin-out, reorganization, or outsourcing of all or some of the business of the D. E. Shaw group. The D. E. Shaw group will not use such information for purposes unrelated to the foregoing, such as direct marketing of third-party products to candidates, without candidate consent. As used herein, the term "personal information" is meant to broadly describe information identifying or relating to a specific individual; it is intended to encompass "personal data," "sensitive personal data," and "personally identifiable information" and similar terms, as those terms are defined by law in the jurisdictions in which the D. E. Shaw group operates.

        The D. E. Shaw group may transfer such personal information within and outside the country and jurisdiction of the locations where the D. E. Shaw group maintains offices, to other D. E. Shaw group affiliates, to government and regulatory authorities, and to third parties which provide or may provide support and/or services to the D. E. Shaw group and for the purposes set forth above. The persons who may have access to this personal information are other employees of the D. E. Shaw group, in connection with the performance of their duties of employment, and the other parties listed above, in connection with the business of the D. E. Shaw group. (Of course, candidates will be considered for employment opportunities only in those countries in which they express interest.)

        The D. E. Shaw group will use reasonable care to maintain the confidentiality of personal information (including appropriate technical measures against unauthorized or unlawful processing and against accidental loss or destruction of, or damage to, such information) and will retain such data as required by applicable law or regulation. Candidates have the right to request access to, and correction of, their personal information in accordance with applicable law; any such request should be submitted to recruiting.india@deshaw.com. Candidates who have submitted a resume to the D. E. Shaw group and do not wish to proceed with their applications should email cvwithdraw@deshaw.com. Personal information of candidates who have been the subject of background checks may have been transferred in accordance with applicable regulations, and any concerns with such transfers should be submitted to backgroundcheck-inquiries@deshaw.com.

        The D. E. Shaw group may retain candidates’ information for prospective recruiting activities, including sourcing candidates for employment opportunities and for organizing events with prospective candidates, in accordance with our internal data retention procedures. Candidates who do not agree to such future use should email recruiting-inquiries@deshaw.com.

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