Cross Currency Swaps (XCCY) Product Structurer - Canary Wharf, London

London  ‐ Onsite
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Description

A 6-month rolling-contract position, as a Cross Currency Swaps (XCCY) Product Structurer, with a competitive day rate plus a modern office layout located in the centre of Canary Wharf.

Key skills;

  • University degree in economics, sciences, engineering or finance with a strong focus on financial derivatives - or comparable education
  • At least 5-7 years' experience in XCCY swaps area preferably in product structuring area; deep knowledge of the XCCY/Rates markets is a must; understanding of the OTC FX market is good
  • Broad network in the XCCY market (buy and sell side) is a must
  • Deep knowledge of market and competitor trends with a good understanding of the legal and regulatory framework of derivatives
  • Ability to develop and maintain strong client relationships and relationships with internal stakeholders
  • Excellent team player, able to interact effectively with various functions within the business and the ability to build consensus
  • Superior communication skills with the ability to present results both orally and in writing as well as a very good command of MS Office applications

Working with a world renowned financial organisation, we are looking for highly motivated, solution-oriented XCCY Product Structurer, to work within the FX Derivatives department, to work with the industry participants and bodies to define the structure of cleared Cross Currency Swaps (XCCY) post underlying rate changes driven by the IBOR reform.

Your assignments will include:

  • Given the changes to the reference rates due to the IBOR reform, the XCCY Product Structurer is responsible for defining the new structure of the cleared XCCY swap.
  • This includes -
  • Monitoring the market developments on the rate changes globally and sharing the developments in a structured way internally on a regular basis
  • Ensuring the internal teams have a good understanding of the proposed changes and implications of the changes
  • Working with industry participants to gather market feedback, propose a new structure and seek consensus for cleared XCCY swaps. This can be done bilaterally or in a working group. The aim is to have a structure that supports the market with clearing
  • Influencing the industry bodies and industry participants in agreeing to the proposed new cleared XCCY structure
  • Define market data source (both intraday and end of day) to support the proposed structure
  • Document the requirements for internal teams and ensure the internal teams are part of the discussions and progress in defining the structure
  • The XCCY product structurer, along with the internal staff, will represent the business in various working groups on reference rate changes
  • Follow the company's standard for producing documents and reporting internally

Please only apply if you have the eligibility to work in the United Kingdom.

For further information about this truly exciting opportunity and for an immediate interview, please get in touch without delay!

Start date
ASAP
Duration
6 months +
(extension possible)
From
SKILLFINDER INTERNATIONAL
Published at
04.08.2020
Project ID:
1952956
Contract type
Freelance
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