Interest Rate Derivatives Analyst recruitment
The prime function of this role is to support the rates and relative value trading desks. The desks trade bonds, repos, equites, IRS, OIS, basis swaps, swaptions, FRA, caps and floors, CDS, exchange traded futures and options, FX spot, forward and options. The successful candidate will be primarily responsible for processing trades, confirmations, investigating and resolving trade, position and cash reconciliation breaks and resolving settlement issues. This is achieved by liaising closely with the fund administrator, prime brokers, and trading desks.
Candidates should have the following skills and experience:
- Industry qualification(s) would be beneficial, e.g. IMC, IAQ, CFA
- Relevant experience covering one or more of the financial products listed above, having a solid technical understanding of the product(s) and trade life cycle
- Must have experience of dealing with trade booking, confirmations, reconciliations, resolving breaks and settlement issues, and providing general support to traders
- Experience of working with Calypso and/or Kondor highly desirable
- Good standard of skill with excel essential, experience with creating pivot tables and writing macros beneficial
The ideal candidate must have industry middle or back office experience, be ideally from a hedge fund background, and have a solid understanding of products covered by rates and RV trading. The successful candidate will be able to demonstrate that they have market/industry awareness have had exposure to problems frequently encountered when supporting these products and how these problems are best resolve