Otc Derviative Trade Support recruitment
Our client is looking for someone with strong OTC Derivative Trade Support experience, ideally from either a 'buy-side' company, such as an Asset Management house, or 3rd Party Administrator. The position involves supporting all the Front Office for Trade Supports duties, as well as all Settlements related queries.
The chosen candidate must have an understanding of OTC Derivative Operations, with particular emphasis upon working knowledge of DTCC, MarkitWire, CDS, CDX Index, IRS, Listed Derivatives, Novation Protocol, Collateral Management.
The position itself is working within the Derivatives team, which supports the Investment Management function. The role is high profile and requires someone who can face off with fund managers and traders.
If you fit the bill with the relevant experience and are looking for your next role within OTC Derivative Operations, then this is an excellent opportunity.
Role Overview.
A key aspect of the role is the oversight and management of all core processes at our TPA's to the SLA. E.g. collateral/margin management, affirmation, confirmation, trade reconciliations on the full derivative instrument range; ETD, CFD and OTC (including CDS, IRS, IFRS, TRS etc).
Play a leading role as technical specialist in matters relating to derivatives across the firm, advising other areas as appropriate. For example, new instruments. Understand the structure of each non-generic trade and work with IT and the business to ensure the smooth and successful transition of new exotic trades
Work on projects ensuring a clear understanding of the implications they have on BAU.
Challenge the status quo to ensure appropriate levels of controls occur within the company and their external service providers to ensure risks are properly managed
Initiate change where required. Be commercially minded and appreciate the bigger picture
Ensure that all Derivative trades executed by the business have been captured accurately for essential post-trade processes. Act as escalation point to resolve issues as appropriate.
Work with Dealers and Fund Managers to ensure timely and efficient resolution of trade queries, prioritising queries for accurate NAV production (with Fund Administration) and ISDA Protocols.
Salary Benefits
£25 ph- £28 ph.
Robert Half Ltd acts as an employment business for temporary positions and an employment agency for permanent positions. Robert Half is committed to equal opportunity and diversity. Suitable candidates with equivalent qualifications and more or less experience can apply.