Middle-office OTC Derivatives Analyst
- Location: Toronto, ON—(Onsite)
- Pay Rate: $45.47/Hr – $53.69/Hr
- Contract Length: 12 Months with a possibility of extension
We at Raise are hiring a Middle-office OTC Derivatives Analyst for one of our top clients. After establishing themselves as an industry leader, they’re now expanding their team to meet rising demand. We’re hiring right now; if you’re interested, apply below for your chance to join a great place to work.
Responsibilities:
- Tasks for listed Derivatives pricing and analyzing price movements
- Reconciliation against third-party statements
- OTC/alternative instruments valuation and measure impact of the daily changes in market data inputs to value of the instrument
- Other routine tasks such as position reconciliation and setup of Listed Derivatives in Valuation systems and OTC Derivatives
- Process various corporate action adjustments on derivative positions
- Acts as the main liaison with Investment Managers and the internal Trades processing team on new deals and supports the communication of deal price variances that exceed tolerances to the Investment Managers and obtain confirmations
- Participate in research of appropriate valuation methodology for new complex OTC products traded by clients
- Deliver quality customer service through timely and accurate report delivery
- Participates in the execution around key project deliverables and identifies opportunities to stream processes and increase productivity
- Ensures compliance with all policies, procedures and standards for all aspects of the business as defined through Risk, Compliance, operational reviews, and audits
- Covers early/late shifts to support the business within global operating model
Must have skills:
- 2–3 years of relevant experience.
- Experience with listed and OTC derivatives, including swaps.
- Proficiency in Excel skills—VLOOKUPs
- Strong knowledge and hands-on experience with financial terminals and derivative instrument swaps.
- Able to work independently as well as in a group environment
- Team player with strong interpersonal, organizational and communication skills
- Flexibility to meet scheduled shift work
Nice-to-Have Skills:
- Proficiency in VBA skills.
- Proficiency in Bloomberg and Reuters.
- Enrolment in CSC/CGA/CMA/CFA or other recognized accredited programs is desirable
- Working knowledge of GAAP
Looking for meaningful work? We can help!
Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity.
We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.
We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodations: https://raise.jobs/accommodations/
In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at +1 800-567-9675 or hello@raiserecruiting.com
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