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OTC Derivatives Analyst
Ref No.: 17-00598
Location: Boston, Massachusetts
Position Type:Contract
Start Date: 08/10/2017
Job Title: OTC Derivatives Analyst
Contract Duration: 3 months plus
Location: Boston, Massachusetts 02110
Interview Process: In-Person Interview
The OTC Derivatives Analyst is responsible for the life cycle events monitoring & processing (settlements, corporate actions) of OTC Derivatives trades as well as collateral management. Because of the complexity and manual nature of some functions, the OTC Derivatives Analyst will continually look for opportunities to create efficiencies (automated or manual) in the processing, reporting and reconciliation of derivatives.
The successful candidate must have a Bachelor's degree and two to five years of relevant industry experience, preferably with derivatives. This position requires independent judgment and analysis and strong communication skills to work with the team and management. The individual must be well organized, motivated, and possess strong problem solving skills. The successful candidate will have demonstrated analytical and writing skills, effective communication skills, and a high level of attention to detail. Being a self-starter and independent thinker is a prerequisite. While the OTC Derivatives Analyst will work in a team-oriented environment, many projects will be self-directed, often under intense deadline pressures.
  • Monitoring settlements, lifecycle events and collateral of OTC Derivatives trades
  • Facilitating break resolution between administrator & broker dealers
  • Reconciling transaction and positions on a daily basis
  • On-going analysis of current procedures and recommendations for process improvements
  • Participation in ongoing process and system enhancements
  • Experience (1-3+ years) in an operations role working with collateral, settlements and reconciliations.
  • Having a working knowledge of the OTC Derivatives trade settlements and collateral process is ideal, but not required.
  • Needs to be proficient working with Excel
  • This role will require strong analytical skills and an attention to detail. Skills with Access and/or SQL are a plus.
  • An inquisitive desire to understand the details is key to the success of the individual in this position.