Risk Manager – Swaps / ISDA recruitment
Our client has a requirement for a Risk Manager for the SWAPS division of the oil department.
Candidates are required to have a strong technical understanding of 2005 ISDA Commodity Definitions or 1993 / 2001 ISDA Commodity Derivatives Definitions.
Candidates will be drafting structured ISDA Commodity confirmations.
Experience of trade capture validation process for end to end for Exchange Traded, Cleared OTC and Bilateral OTC is also sought.
You must have strong communication skills, and excellent organisational ability.
Key Responsibilities
• Broker Confirmation checks and reconciliations for OTC and Cleared trades.
• Counterparty Affirmations for OTC trades.
• Drafting OTC paper Confirmations compliant with ISDA Definitions.
• Checking incoming OTC paper and electronic Confirmations
• Chasing outstanding, and inbound, OTC paper Confirmations.
• Invoicing and agreeing Settlements for transactions.
• Processing of Settlement payments and receipts.
• Processing brokerage invoices, reconciling to statements and settling invoices.
• Perform / validate market ad hoc operations – system static data amendments.
• Proactive query escalation and resolution.
• Build and maintain effective relationships with all areas of the business, particularly with Front Office, Compliance, Credit and Risk Managers
• General administrative duties required.
Experience Education
• Solid education, to degree level (preferably in a numerate discipline), as a minimum requirement
• Experience and knowledge of Tempest, ICE Econfirm systems (2 years) – distinct advantage
Please apply with an updated copy of CV in the first instance. CV's are being reviewed this week, with client feedback expected within one to two weeks.