Investment Banking Derivatives Paralegal recruitment
The Junior Paralegal position reviews all OTC Derivative confirmations. This will include trades that fall under Equity Derivatives, Credit Derivatives and Interest Rate Derivatives. They maintain the incoming flow of outstanding confirmations, resolve any FO and MO queries, monitoring of internal back office systems and ensuring at all times there is a minimum number of outstanding confirmations.
Well suited for a candidate who is part way through university or has a maximum of 1-2 years post-university experience.
Responsibilities:
- Use of outstanding trade reports to review all inbound confirmations. Trades covering a range of Swaps, Options and Forwards CDS, (including Novations)
- Maintain a minimum number of Outstanding confirmations by ensuring all confirmations are reviewed and executed in an accurate and timely manner
- Maintain the execution offshore process
- Ensure all executed trades are electronically filed and trade status is updated in Back Office System
- Resolve any external trading parties’ queries on trade discrepancies, mainly offshore Clients
- Resolve any internal and external FO and MO queries on trade discrepancies
- Update of the Client contact details
- Work closely with IT to improve the system and process continuously
- Assist OTC desk on various trading related queries
Qualifications Experience:
- 1 + years experience working with ISDA Equity Derivative documentation environment
- Operational knowledge of the Equity Asian markets
- Good understanding of a general documentation process
- Good understanding of the regulatory environment across all Asian markets
- Good understanding of ISDA Definitions Equity (2000), Credit ( 2003) and Interest Rate Derivatives (2000) (2006 an advantage)
- AFMA accreditation an advantage
- DTCC Markitwire knowledge is must
- Excellent verbal and written communication skills
- Ability to promote new ideas and solutions
August 24, 2012
• Tags: Derivatives careers in the Australia, Investment Banking Derivatives Paralegal recruitment • Posted in: Financial