ETD Derivative Administration Manager recruitment
The main duties of the position are as follows:
• Monitoring of account set-up for accuracy in multiple accounting systems
• Reconciliation of daily margin and collateral with all clearing brokers and clearing of any items associated with the process.
• Maintain detailed process and procedure manuals within the team.
• Monitor excess cash levels held at the Clearing Brokers for any large cash exposure.
• Support the various business areas with all derivative questions when asked upon.
• Monitor the receipt and delivery collateral, variation margin and interest payments. This includes the instruction of physical cash payments.
• Making sure that all instruments can be handled in the accounting systems and are correctly valued daily. This may include testing and providing specification to our Development teams.
• Instructing the trading desk to trade FX to cover Local CCY balances.
The ideal candidate will have:
• Good experience in back office/operations , ideally within Asset Management
• Experience of exchange traded derivatives is essential
• Good PC skills especially Excel skills.
• Preference given to those candidates that have reconciliation, cash management and or trade settlement experience.
• Be able to work quickly and accurately under pressure.
• Good communication skills.