Middle-office OTC Derivatives Analyst

Overview

We are currently recruiting for an Advanced Middle-Office OTC Derivatives Analyst on behalf of our client, a leading financial services firm. This is a critical role designed for a seasoned professional who thrives in high-stakes valuation, collateral management, and process optimization. If you possess a deep understanding of the derivatives lifecycle and enjoy the technical challenge of complex product valuation, this role offers the platform to act as a key liaison between investment managers and internal operations.

As an Advanced Analyst, you will manage the end-to-end day-to-day activity for OTC and listed derivatives. Your primary focus will be ensuring the integrity of collateral assets, issuing and responding to margin calls, and investigating complex discrepancies. Beyond routine reconciliations, you will serve as a subject matter expert, researching valuation methodologies for sophisticated OTC products and streamlining workflows to increase global productivity.

• Strategic Impact:
  Influence the implementation of new project management methods and computer systems to enhance insurance policy administration and customer service.
• Expert Exposure:
  Act as the main liaison for Investment Managers, providing critical analysis on deal price variances and market data impacts.
• Professional Growth:
  Opportunity to participate in the research of appropriate valuation methodologies for new and complex OTC products.
• Global
  
  Collaboration:
  
  Engage with a global operating model that offers a diverse perspective on risk and compliance.

• Collateral & Margin Management:
  Issue and respond to broker margin calls; investigate and resolve all Collateral Asset breaks and queries.
• Valuation & Pricing:
  Perform daily pricing for listed derivatives; value OTC/alternative instruments and analyze the impact of daily market data changes on instrument values.
• Reconciliation:
  Conduct position reconciliations against third-party statements and manage the setup of listed and OTC derivatives in valuation systems.
• Corporate Actions:
  Process various corporate action adjustments on derivative positions accurately.
• Liaison & Communication:
  Communicate deal price variances that exceed tolerances to Investment Managers and obtain necessary confirmations.
• Process Improvement:
  Identify opportunities to streamline processes, increase productivity, and support the implementation of improved workflows.
• Compliance:
  Ensure all activities adhere to internal policies, procedures, and global standards as defined by Risk and Audit reviews.

• Required:
• Experience:
  
  5–9 years of relevant experience in middle-office operations or derivatives analysis.
• Domain Knowledge:
  Solid understanding of the Collateral Management process and Custody operations.
• Technical
  
  Skills:
  
  Ability to apply advanced knowledge and practices to complex valuation and reconciliation assignments.
• Availability:
  Ability to cover early or late shifts as required by the global operating model.
• Work Environment:
  This role requires being fully based in-office.
• Preferred:
• Certification: CFA Charter holder or candidate is highly desirable.
• Systems:
  Proficiency in Access database management.

This is an ideal position for a detail-oriented derivatives expert who balances technical valuation skills with high-level client service. If you are ready to apply your 5+ years of experience toward improving the operational landscape of a premier financial institution, we encourage you to apply.