Analyst, Derivatives Middle Office

Position Purpose:
This role will be responsible for the transaction management of over-the-counter equity derivatives. The incumbent will ensure proper trade booking of new and pre-existing trades.

Key Accountabilities:
Daily Transaction Management
* Ensure all transactions are booked properly in the trading systems
* Ensure that trades are updated to properly reflect events (expiries, call dates, resets, barriers, etc)
* Ensure that trades are updated to properly reflect corporate actions (dividends, stock splits, mergers, etc)
* Ensure all amendments are properly reflected in the trading systems
* Validate that confirmations and/or offering memorandums are defined consistent with the system booking
* Document multi-leg and/or multi-systems bookings and valuation environments for trade structures and ensure they are accurate and complete for P&L and risk purposes.
* Document all non-traditional’ and / or experimental’ transactions.
* Liaise with Operations in order to resolve breaks and inform them about new/amended trades


Transaction Management Oversight
* Develop booking templates that define all the key transaction attributes in conjunction with traders, risk management and valuations
* Recommend improved workflow between departments to increase efficiencies and controls.
* Monitor the trends in volume and type of trade activity to ensure that risk systems and processes are ft for scale
* Work with IT to automate transaction workflow and create robust trade booking and trade activity monitoring tools.

Job Requirements: (Knowledge/ Experience):
* BA / BS or equivalent with emphasis in finance, economics or other quantitative discipline
* Minimum 1 year experience working with over-the-counter structured products (eg. Product Control, Risk Management, Middle Office, Front Office)
* Working knowledge of equity derivatives and structured equity products (eg. Reverse convertibles, auto-callables, barrier options, etc)
* High attention to detail and control-focused
* Ability to work under pressure, accept responsibility and deliver.
* Excellent command of VBA programming

Required Skills/ Competencies/ Attributes:
See Above

Education:
BA/BS

Required Accreditation(s):

Special Conditions:
n/a

Diversity:
Diversity in the workplace, one of our shared values, lies at the heart of our rewarding, open, supportive and inclusive work environment. We respect and respond to the many competing and evolving priorities in our lives so you can focus on what you can do best - put clients first.

EOE/M/F/D/V