Derivatives Analyst

at  Trafigura

Main Purpose:
The main purpose of our Derivatives Analyst team is to manage the entire lifecycle of Over The Counter and Exchange-traded derivatives. The team’s primary responsibility is to lead and oversee margin and collateral requirements for Bilateral transactions which are covered by ISDA.

Knowledge Skills and Abilities, Key Responsibilities:

• Degree educated or equivalent in numerate discipline.
• 1 to 3 years of relevant experience in Finance.
• Understanding of financial markets and trading businesses, both exchange traded and over the counter markets.
• Working knowledge on Derivatives (Power, Gas, Energy) and/or physical commodities.
• Working knowledge and direct Middle/Back Office experience in full Lifecycle of futures, OTC, and cleared derivative products.
• Proficient in MS Excel
• Familiarity with Allegro is a plus
• Understanding of International Swap & Derivatives Association (ISDA) and CSA’s standards is preferred.
• Fast learner and comfortable operating in a dynamic environment.
• Strong interpersonal skills to effectively communicate cross-functionally and cross culturally.
• Proven ability to partner with global stakeholders

Key Responsibilities

• Monitor trades from initiation to completion, ensuring all stages of the trade life cycle are managed efficiently.
• Perform Derivative settlements and draft and review Confirmations.
• OTC Collateral management and ISO (Independent System Operators) margining.
• Identify and manage risks associated with margining and collateral.
• Handle disputes related to margin calculations and collateral exchanges, ensuring timely resolution of the disputes with Counterparties.
• Analyze exposure and M2M profit and loss on physical/derivative portfolios.
• Work with internal departments, external counterparties and exchanges to resolve discrepancies on trades.
• Complete daily, weekly, monthly, quarterly, and year-end reporting duties in a timely manner.
• Inform the Treasury and Finance teams of the daily Cash and LC movements.
• Perform User Acceptance Testing (UAT) to regularly improve internal processes and systems with IT.

Key Relationships and Department Overview:

• Internal: Traders, Deals Desk, Treasury, Accounting, Credit, IT, Project Team, etc
• External – ISO Regulators, Counterparties, Brokers, Exchanges, etc

Knowledge Skills and Abilities, Key Responsibilities:

• Degree educated or equivalent in numerate discipline.
• 1 to 3 years of relevant experience in Finance.
• Understanding of financial markets and trading businesses, both exchange traded and over the counter markets.
• Working knowledge on Derivatives (Power, Gas, Energy) and/or physical commodities.
• Working knowledge and direct Middle/Back Office experience in full Lifecycle of futures, OTC, and cleared derivative products.
• Proficient in MS Excel
• Familiarity with Allegro is a plus
• Understanding of International Swap & Derivatives Association (ISDA) and CSA’s standards is preferred.
• Fast learner and comfortable operating in a dynamic environment.
• Strong interpersonal skills to effectively communicate cross-functionally and cross culturally.
• Proven ability to partner with global stakeholder

Key Responsibilities

• Monitor trades from initiation to completion, ensuring all stages of the trade life cycle are managed efficiently.
• Perform Derivative settlements and draft and review Confirmations.
• OTC Collateral management and ISO (Independent System Operators) margining.
• Identify and manage risks associated with margining and collateral.
• Handle disputes related to margin calculations and collateral exchanges, ensuring timely resolution of the disputes with Counterparties.
• Analyze exposure and M2M profit and loss on physical/derivative portfolios.
• Work with internal departments, external counterparties and exchanges to resolve discrepancies on trades.
• Complete daily, weekly, monthly, quarterly, and year-end reporting duties in a timely manner.
• Inform the Treasury and Finance teams of the daily Cash and LC movements.
• Perform User Acceptance Testing (UAT) to regularly improve internal processes and systems with IT