What is the opportunity?
The Derivative Valuation Analyst is responsible for the timely and accurate analysis, valuation, validation and reconciliation of Listed, OTC (Over the Counter) Bilateral and OTC Cleared Derivatives, as well as of alternative investment products, impacting key lines of business including fund services, pension reporting, insurance reporting, custody reporting and all value added services.
Please note, this position may cover a late and/or rotating shift schedule.
What will you do?
- Perform the daily Routine tasks such as setup of Listed Derivatives and OTC Derivatives, in Valuation systems
- Perform tasks for listed Derivatives pricing and analyzing price movements
- OTC/alternative instruments valuation and measure impact of the daily changes in market data inputs to value of the instrument
- Reconciliation against third party statements
- Act as the main liaison with Investment Managers and the internal Trades processing team on new deals and supports the communication of deal price variances that exceed tolerances to the Investment Managers and obtain confirmation
- Participate in research of appropriate valuation methodology for new complex OTC products traded by clients
- Participate in the execution around key project deliverables and identify opportunities to stream line processes and increase productivity
- Ensure compliance with all policies, procedures and standards for all aspects of the business as defined through Risk, Compliance, Operational reviews and audits
- Cover early/late shifts to support the business within global operating model
What do you need to succeed?
Must-have:
- Undergraduate Degree in Finance, Math or Engineering
- 2+ years of solid experience with Derivatives in a middle or back office environment
- Experience with OTC Derivatives valuation systems and Workflows
- Strong understanding of Reuters, Bloomberg and other financial data providers
- Strong PC skills (advanced proficiency in MS Excel, some knowledge of basic coding such as VBA)
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- Excellent exposure to communicate with various business partners and stakeholders in InvestorServices and within other platforms as appropriate
- Opportunity to obtain hands-on experience throughout your role
- Working with an exciting, close-knit, supportive & dynamic group
- Opportunity to collaborate with other business segments within the bank
- Excellent career development and progression opportunities
- A comprehensive Total Rewards Program including bonuses and flexible benefits
- Competitive compensation
Job Skills
Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process Improvements
