Serves as the analyst for the Derivative Settlement Group
Daily collateral management
Trade capture of all derivative trades
Security master set up and maintenance for all derivative trades
Derivative Reporting
Confirmation Management
Reconciliations with dealers and accounting system
Interest payment processing on all internal positions
Interest payment monitoring on all external positions
Monitoring of Reasonableness of Derivative Valuations and Implementation of Valuation New Pricing and Risk Models
Providing standard risk reporting to internal managers
Weekly and Monthly internal collateral reporting and process improvement implementation
Market Data Maintenance
Provide suggestions for and implementation of system improvements
Regulatory Reporting (incl. Dodd-Frank)
Compliance Management
ISDA and FCM legal document management and support of changes due to regulatory updates
Requirements
Bachelor’s Degree in Arts/Sciences (BA/BS) in Business, Business Administration, Accounting, Finance, Math, Science, or equivalent working experience
5+ years related work experience dealing with securities operations processes AND 3+ years of global derivative processing OR Internship at a Financial Services Firm dealing with derivative activities AND 4+ years related work experience dealing with securities operations processes INCLUDING 3+ years of global derivative processing OR RGA Internship AND 3+ years of global derivative processing
Demonstrated ability to deal with complex issues and solve problems both within teams and independently
Good communication skills (both written and verbal)
Ability to work well within a team environment and participate in department projects
Ability to be flexible when needed, take initiative, and demonstrate accountability
Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions
Ability to set goals, multitask and prioritize workload
Ability to balance detail with departmental goals/ objectives
Ability to work independently
Knowledge of derivative processing
Knowledge of ISDA documentation
Word and Excel abilities
Advanced Banking or Brokerage industry knowledge (preferred)
Reinsurance or insurance industry knowledge (preferred)
Understanding of Relational Databases (preferred)
Base Knowledge of Derivative Pricing (discounted cashflows) (preferred)
System Knowledge of Derivative Trade Capture System (preferred)
Chartered Financial Analyst (Passed Level 2 or better) (preferred)