Derivatives Analyst Job Description
Derivatives analyst
provides ongoing and daily OTC derivatives operations processing support to client(s) across all aspects of the derivatives trade lifecycle - trade support, settlements, collateral management, reconciliations and documentation.
Derivatives Analyst Duties & Responsibilities
To write an effective derivatives analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included derivatives analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Support marketers in their efforts to market Derivatives products
Prepare to gain a comprehensive understanding of the operational process lifecycle of Listed Derivatives by interacting with traders and clients, in addition to, legal, compliance, and other federation teams in order to work toward the shared goal of risk mitigation
Assisting in the drafting, reviewing and negotiation of confirmations covering structured equity derivative transactions and those of other asset classes, as necessary
Ensuring all confirmations are drafted, dispatched and executed in accordance with procedures, Standing Orders and regulatory guidelines
Ensuring that operational risks associated with documentation are mitigated and to review structured documentation prior to issue to counterparties
Ensuring that lengthy delays in execution of outstanding documentation are escalated appropriately
Chasing and following up on all outstanding (unsigned) confirmations
Taking on ad hoc projects related to cost reduction and efficiency enhancement goals
Participating in monthly group meetings which also includes but is not limited to knowledge sharing on a specific derivative product
Day to day client service
Derivatives Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Derivatives Analyst
List any licenses or certifications required by the position: CFA, CPA, ACCA, DA, BA, MBA, GLAO
Education for Derivatives Analyst
Typically a job would require a certain level of education.
Employers hiring for the derivatives analyst job most commonly would prefer for their future employee to have a relevant degree such as Collage and University Degree in Finance, Accounting, Business, Economics, Mathematics, Engineering, Communication, Education, Math, Computer Science
Skills for Derivatives Analyst
Desired skills for derivatives analyst include:
Murex
Be able to work within a continuous process improvement culture
CALYPSO
Collateral
Derivatives
Exchange traded derivatives
Life cycle events
Microsoft Excel and PowerPoint
Settlements
Aladdin/Deco
Desired experience for derivatives analyst includes:
Strong technical and mathematical skills interest to learn to use proficiently pricing tools for structured products
Strong interest in and understanding of markets to be able to provide sound advice to our clients
B Degree or equivalent NQF 6 qualification
Prior experience with middle office or trade support
Escalation and articulation of issues and reconciliation enhancements would involve senior stakeholders globally requiring good communication and inter-personal skills with an ability to communicate effectively across all levels and region
An organized individual with good time management, prioritizing tasks and able to meet deadlines
Derivatives Analyst Examples
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Derivatives Analyst Job Description
Job Description Example
Our innovative and growing company is hiring for a derivatives analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for derivatives analyst
- Quickly adapts to changes in client Derivatives trading mandates
- Work with independent pricing vendors to obtain prices for new client OTC derivatives and to build a better understanding of their pricing models
- Management of suspense account to ensure where possible all trades are correctly allocated on T+0
- Query facilitation & resolution on all exchanges
- Equity and FICC front office relationship management
- Position Transfers
- Intra-day control of all client & firm trading activity in the AEJ region
- Daily reconciliations to the street – exchanges and brokers
- Dealing with Global Sales and Trading desks to resolve trade-date and post-trade-date issues
- Involvement in various department projects
Qualifications for derivatives analyst
- Identifies and anticipates problems through careful analysis & attention to detail
- Ensures controls are in place & procedures are followed
- Skilled at gathering and analyzing quantitative and qualitative data to guide decision-making and making recommendations
- Ability to explain complex ideas and concepts behind models/systems, ability to understand complex ideas and translate those ideas into models/systems
- Undergraduate/Graduate degree in Finance/Economics
- A full understanding of the sensitivities in dealing with highly confidential information
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Derivatives Analyst Job Description
Job Description Example
Our company is looking for a derivatives analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for derivatives analyst
- Significant involvement in industry initiatives, including continuous dialog with counterparties and industry groups such as SIFMA, to be forward thinking and attuned to issues that will impact derivatives, collateral, money markets, and funding
- Prepare to gain a comprehensive understanding of the operational process lifecycle of Listed Derivatives by interacting with traders and clients, in addition to, legal, compliance, and other federation teams in order to work toward the shared goal of business enablement and risk mitigation
- Hands on business analyst working on the strategic Pyramid derivatives platform
- Provide fast-paced application support for all electronic trading applications used by the Listed Derivatives Business including Market connectivity, FIX for Direct Market Access, front-end Trading & Algorithmic platforms, and Order Management System
- Continue to develop and refine GPIM’s derivatives and financing capabilities, working closely with business, legal, operations, and risk to ensure an organized and consistent approach across the organization
- Manage projects related to derivatives overlay programs such as call overwrites
- The role will be within SGNUK Listed derivatives operations, main focus on break investigations and resolutions on all European Exchanges, but will also include offshore markets queries resolution
- Work with global counterparts to ensure adequate coverage and all outstanding client queries are answered in a timely manner
- Hold monthly meetings with relationship managers and clients to better understand client valuation requirements, trading strategies, and new prospective derivative instruments
- Examine current processes and provide new Ideas and added value services which could enhance client relationships
Qualifications for derivatives analyst
- The team works a split shift system
- Team player skills - to balance and prioritize between day-to-day activities
- Experience in dealing with external institutional/WOFE/QFII clients would be a plus
- Liaison with the outsource Operations team to ensure excellent levels of service
- Minimum 1.5 years in Banking or a similar environment
- At least 1 year of Documentation or Trades Processing experience, ideally within Commodities
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Derivatives Analyst Job Description
Job Description Example
Our company is growing rapidly and is hiring for a derivatives analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for derivatives analyst
- Coverage of institutional clients for equity derivative products
- Management of counterparty risk business terms in documentation and relationships with risk officers at counterparties
- Propose, drive, and implement solutions and processes in the management and support of market structure changes and regulatory initiatives
- Following procedures and checklists as defined by manager
- The role will encompass the resolution of breaks from reconciliations and Client reported breaks and requires a meticulous approach / dealing with trade discrepancies of that particular market / territory
- To complete root cause analysis on breaks so to identify why the breaks occur and then work with the other department to resolve going forward
- The role will involve processing all closeouts on European exchanges and some exchange reporting
- Liaison with exchanges, internal departments – including clearing, middle office, IT and client service areas
- Escalation of all issues, concerning unresolved breaks both trades and financial, plus also in concern to requests for guidance concerning a particular task or procedure
- Complete root cause analysis and report findings
Qualifications for derivatives analyst
- A highly confident and professional approach to all work undertaken and most importantly other members of the team
- Leadership – Strong motivation and leadership qualities, acts as role model for colleagues even without in-depth product knowledge
- Minimum 1 year of experience reviewing confirmations/contract negotiation
- Self-motivated team player who takes ownership and accountability of a request from start to finish
- Enthusiasm and a strong desire to learn are key attributes given the learning curve this role will provide
- Appreciation of client relationship management
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Derivatives Analyst Job Description
Job Description Example
Our growing company is looking for a derivatives analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for derivatives analyst
- Act as a liaison between Funding Desk, Derivatives Desk and Back Office for correct collateral financing needs
- Perform analytics on derivatives portfolio
- Manage the credit and collateral aspect of the ISDA/CSA/MSFTA framework
- Gather derivatives trade data from various sources and systems for input into margin call calculations
- Work with accountability on execution of projects and be cognizant of timelines, risks and quality of deliverables
- Ability to work on Thunderhead and peripheral templating technologies to execute projects and organizational strategy
- Adhere and promote coding standards and best practices
- Spark Innovation and attempt to find opportunities for efficiencies in the process
- Upgrade knowledge continuously to be at par with technological developments and paradigm shifts in the Industry/ Regulations in this market space
- Manage expectations from global stakeholders across various business units from analyst to MD level
Qualifications for derivatives analyst
- Strong team player, who is able to collaborate credibly internally in order to leverage the Firm’s resource and global infrastructure to deliver solutions to meet client’s needs
- Ability to focus and prioritize the key initiatives across a broad range of opportunities and relationships, as an extension of the goals set forth by distribution management
- Demonstrated high level analytical and problem solving ability to accurately diagnose key complex issues
- Demonstrated ability to recommend and implement strategies and plans
- Offers solutions toward conflict resolution, consensus building and problem solving
- Business/native level Korean language skills
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Derivatives Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking for a derivatives analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for derivatives analyst
- Equity Derivative sales covering global institutions on Asian Volatility, Exotic & Hybrid Derivatives products
- Build detailed knowledge of the rates derivatives clearing service provided by LCH.C
- Assisting with the due diligence of individual transactions, new products and business initiatives, with particular focus on OTC derivatives
- Participate in onboarding client / Investment Managers onto the OTC Derivatives Trade Processing Application
- Maintain and develop business relationships with Exchanges including monitoring of new announcements and proactive assessment of the product impacts
- Ensuring continuity in DEV and QA processes as a Subject Matter Expert
- Present new releases to client services teams
- Provide assistance to Level 1 / Level 2 Support teams
- Coordination with vendors and maintenance of vendor invoice
- Produce implementation approach, timelines and go-live strategy
Qualifications for derivatives analyst
- Strong Team-working and Networking Skills
- Customer and team orientation, good communication skill
- Knowledge of structured OTC’s (trading strategies, experience reading trade tickets and confirms, required trade attributes that affect valuations, etc)
- Knowledge of valuation models (Black–Scholes, etc)
- Knowledge of OTC curve methodologies and construction (OIS vs Libor, spreads, etc )
- Knowledge of volatility surfaces including ATM volatilities and historical volatilities for OTC options