CAN - Operations Analyst - OTC derivatives - 55786

Description:

# of positions: 1

Duration: 1 year

Extension possible: unsure

Conversion Possible: unsure

Interview Process: 2 rounds

Work Location (Remote, Hybrid or Both?): King St Hybrid- 2 days onsite

CANDIDATE PROFILE DETAILS:

Degree/Certifications Required: nice to CSC CHS, CFA

Best Vs Average Candidate: Product knowledge- OTC confirmation

Industry experience- ISDA

Trade life cycle knowledge

SUMMARY OF DAY TO DAY RESPONSIBILITIES:

The successful candidate will be responsible for ensuring the accurate and timely generation, review, and execution of trade confirmations for Over-the-Counter (OTC) derivatives.

Position Summary:

We are seeking a detail-oriented and proactive OTC Confirmations Analyst to join our Operations team. The successful candidate will be responsible for ensuring the accurate and timely generation, review, and execution of trade confirmations for Over-the-Counter (OTC) derivatives. This role requires a strong understanding of OTC products, the ISDA framework, and the end-to-end trade lifecycle, as well as close coordination with front office, legal, counterparties, and other internal teams.

Key Responsibilities:

• Draft, review, and dispatch trade confirmations for a broad range of OTC derivative products (e.g., equity derivatives, credit derivatives, interest rate swaps).

• Ensure timely affirmation and matching of trades in accordance with regulatory timelines and internal SLAs.

• Investigate and resolve discrepancies between internal trade records and counterparty details.

• Work closely with traders, legal, and external counterparties to resolve confirmation breaks or disputes.

• Maintain knowledge and application of ISDA Master Agreements and Confirmation templates.

• Reconcile trade bookings and ensure alignment across trading, middle office, and confirmation systems.

• Utilize Python or similar programming skills to support automation initiatives, enhance reconciliation processes and optimize data workflows.

• Support internal audits, regulatory reporting, and control processes.

• Contribute to ongoing improvements in process automation and control enhancements.

• Monitor outstanding confirmations and escalate issues where appropriate.

Required Experience and Skills:

• 3+ years of experience in an operations or middle office role, with direct exposure to OTC derivatives.

• Strong knowledge of the full trade lifecycle, from trade execution to settlement.

• Solid understanding of ISDA Master Agreements, and product-specific confirmation language.

• Hands-on experience with confirmation platforms (e.g., MarkitWire, DTCC, or similar).

• Familiarity with regulatory requirements (e.g., EMIR, Dodd-Frank) affecting OTC derivatives.

• Excellent analytical, problem-solving, and communication skills.

• Strong attention to detail and ability to manage multiple priorities under tight deadlines.

• Proficient in Microsoft Excel and other MS Office applications; experience with trade capture systems is a plus.