Derivatives Analyst I

at  Robertson and Company

Our client is a top financial institution with significant North American holdings. They have operations across most major verticals, including institutional & corporate, wealth management, private client, commercial banking, treasury, and retail banking.
Introduction: Robertson is seeking a skilled Derivatives Analyst to join our client.
Contract Dates: 12 months with potential to extend or convert
Pay Range: $37.61 to $44.86 per hour
Business Hours: Monday to Friday (Hybrid)

Job Responsibilities:

• Conduct the derivatives onboarding functions for new accounts and new brokers
• Manage derivatives trading operational readiness within the Global Derivatives Services team including middle office, operations and collateral management
• Support Traders need for the best execution by setting up the full range of desired derivatives brokers
• Coordinate with Legal Services to ensure that proper legal agreements are put in place to support derivatives trading
• Ensure that all accounts, broker onboarding and legal documentation are maintained
• Maintain status dashboards of derivatives approval and onboarding requests
• Maintain an accurate and complete matrix of accounts, authorized derivative products, legal agreements and active brokers
• Contribute to the successful management of external broker relationships
• Work with the Derivatives Solutions team to support the setup of technology to facilitate trading of new derivative product types
• Take ownership of side projects to clean up records and validate broker setups
• Contribute to the harmonization of the derivatives onboarding process with the Asia Derivatives Services team in Hong Kong
• Continuously evaluate, identify and recommend practices and controls that will increase process efficiency and mitigate financial and operational risks

Experience & Qualification Requirements:

• Minimum 3 years of meaningful industry experience with at least 1 years of hands-on experience in derivative products
• Familiarity with derivative instruments including repos, TBAs, futures, listed and OTC options, FX, Swaptions, OTC swaps and centrally cleared swaps
• Familiarity with derivatives trading and collateral agreements such as Clearing Agreements, Give-Ups, ISDA/CSAs, GMRAs and MSFTAs
• Familiarity with MS Office suite
• Excellent analytical skills and the ability to think through problems, assess a variety of factors and recommend solutions
• Familiarity with various fund structures: mutual funds, pooled funds, private funds, UCITS, institutional accounts and life insurance general accounts

Personal Attributes:

• Excellent communication skills, both oral and written
• Solid interpersonal skills and a high degree of integrity combined with the ability to readily adapt to rapidly changing environments and deal with competing priorities
• Strong attention to detail and strong analytical, time management, and organizational skills

• Conduct the derivatives onboarding functions for new accounts and new brokers
• Manage derivatives trading operational readiness within the Global Derivatives Services team including middle office, operations and collateral management
• Support Traders need for the best execution by setting up the full range of desired derivatives brokers
• Coordinate with Legal Services to ensure that proper legal agreements are put in place to support derivatives trading
• Ensure that all accounts, broker onboarding and legal documentation are maintained
• Maintain status dashboards of derivatives approval and onboarding requests
• Maintain an accurate and complete matrix of accounts, authorized derivative products, legal agreements and active brokers
• Contribute to the successful management of external broker relationships
• Work with the Derivatives Solutions team to support the setup of technology to facilitate trading of new derivative product types
• Take ownership of side projects to clean up records and validate broker setups
• Contribute to the harmonization of the derivatives onboarding process with the Asia Derivatives Services team in Hong Kong
• Continuously evaluate, identify and recommend practices and controls that will increase process efficiency and mitigate financial and operational risk