The Role
The Operations Analyst is responsible for managing OTC Derivative trade processes, including validation, maintenance, affirmation, settlement, and reconciliation. The role requires monitoring trade capture exceptions and processing corporate actions across regions. Proficiency in OTC products and relevant technology applications is essential for ensuring the integrity of trade life cycles.
Summary Generated by Built In
Department: Operations
Position Overview:
Primary focus will be on OTC Derivatives Middle Office, responsible for derivative trade capture, trade confirmations, settlements, reconciliations, and position life-cycle events within the firm.
- Manage all aspects of OTC Derivative trade validation, maintenance, affirmation, settlement, and reconciliation.
- Validate process and settle all periodic events to ensure the integrity of the entire trade life cycle.
- Perform position and cash reconciliations
- Perform trade affirmation in Markitwire with counterparties to minimize risk.
- Monitoring T+0 trade capture exceptions.
- Processing Corporate actions for APAC & EMEA.
Required Qualifications:
- OTC Middle/Back-office experience covering trade processing, collateral, confirmations, settlements, cash, position, and trade reconciliations.
- Demonstrate/develop proficiency in all types of OTC products including Equity swaps, credit default swaps, variance swaps, options, asset swaps, interest rate swap, forwards, MBS, FX settlements and any new products that come to market in the derivative asset class.
- Candidates to demonstrate/develop proficiency in assessing the impact of corporate actions on P&L and SOD processes.
- Demonstrate proficiency in all calculations used to support any products in your asset class coverage.
- Understand the importance of our team concept. Establish long-lasting organizational relationships that will foster a productive work environment.
- Demonstrate proficiency in written and oral communication skills.
- Working on system and process improvements, and new business initiatives
- Understand the relevant technology and applications that are required to excel in the role.
- Excel, MarkitWire, CTM, Traiana, NYFIX and Bloomberg are the critical applications used daily.
Top Skills
Excel
The Company
What We Do
Squarepoint Capital is a leading global investment management firm that develops quantitative investment strategies to achieve high quality returns for our clients. We are a data and technology driven firm who specialize in developing automated trading systems that execute across global financial markets.
