OTC Derivative Trade Processing & Payment Officer
OTC Derivative Trade Processing Payment Officer opportunity working for a City based Capital Markets firm with over $50bn AUM.
Joining the business as the OTC Derivative Trade Processing Payments Officer you will be responsible for all trade processing for the Credit and Structured Rates operations. You will be ensuring all incoming trade amendment requests received from Front Office are correctly processed via the CDS trade booking systems. In addition to performing trade amendments and trade updates ensuring any resulting PL movement is related to Front Middle Office.
Your other duties will include but is not limited to:
*Accurate RIMMS payment/ receipt input.
*Pre-confirmation of all OTC Derivative cash with counterparties.
*Review all trade failures.
*Monthly settlement and re-apportion of Rates and CDS clearing brokerage ensuring reconciliation is completed prior to month end.
*LIBOR/ EURIBOR/ JIBAR rate fixing of FID products.
*Daily CDS clearing house margin payments.
*Ensure daily controls/ procedures and standing orders are maintained and adhered to.
*Ensure all regulatory reporting obligations are met by the required deadlines for the business.
*Monitor/ review incoming queries received from other global offices.
To qualify for the role you MUST have:
*Worked in a similar OTC Derivatives processing role.
*In-depth knowledge and practical experience of Derivative securities (preferably within Credit Default Swaps)
*Solid experience within settlements/ booking of Credit and Structured Rate Derivatives.
*Cash management knowledge.
*MS Office literate (Excel in particular).
*Excellent team-player with a can-do attitude and willing to assist colleagues.
*Strong work ethic and ability to work under pressure.
*Ability to adjust to fluctuating workloads and maintain high level of accuracy.
Please note your application will only be considered if you meet the requirements above.
If interested in the role please apply today. 
Leave a Reply
You must be logged in to post a comment.