Description
Derivative Settlements Analyst/OTC Derivatives Settlements Analyst
Looking for a good settlements specialist with derivatives knowledge.
Looking for someone with manualprocessing experience so someone with strong excel is important Product knowledge of OTC Derivatives
To provide support to the OTC Settlements Team Leader and Department Manager
To monitor and securely maintain all SSI data relating to the settlement of OTC Derivatives
To liaise with Clients and Market Counterparties to resolve any settlement discrepancies
To undertake relevant position reconciliations
Monitor & investigate monthly overdraft/interest claims
To ensure that all team duties are completed accurately within internal, market and SLA deadlines and timeframes
Attend internal and external meetings with Clients and Counterparties where required
Ensure that procedures are followed and updated regularly
Ensure that controls are adhered to and evidenced daily
To improve processes through tactical and strategic initiatives
To contribute to tactical and strategic initiatives to improve performance
PRODUCTS COVERED INCLUDE
IRS, RPI's, Zero Coupon Swaps, Credit Default Swaps, CFD's, Equity Swaps, Equity Options, Variance Swaps, Property Swaps, FX Options, Swaptions
KNOWLEDGE/SKILLS - PREREQUISITES
Detailed knowledge of OTC products, including complex and structured products
Detailed knowledge of OTC product life cycles
Ability to calculate cashflows on vanilla and complex products
Detailed knowledge of OTC market practices and initiatives
Thorough understanding of OTC Settlements processes and best practice
Excellent Excel/Word skills
Experience of Summit and Bloomberg
COMPETENCIES
Ability to process large and variable volumes accurately whilst consistently meeting external and internal deadlines
Effective risk-weighted prioritisation and escalation
Ability to operate calmly and professionally when under pressure
Ability to adapt positively to change
Excellent communication skills both written & verbal
Ability to represent to the highest professional levels both internally and externally (including clients, auditors, regulators Understanding of the Investment Management industry
Ability to identify and pursue improvement opportunities