Derivative Middle Office Analyst Job in London

Derivative Middle Office Analyst Job in London. Apply for the latest London jobs in Accounting/Financial/Insurance.

Derivative Middle Office Analyst Job in London

Job Description
Job Title: Derivative Middle Office Analyst

Duration: 6 months, extensions likely

Location: WHF / London

Salary: Competitive

We are happy to be recruiting for one of our high-profile banking clients based in London. They are currently looking for a Derivative Middle Office Analyst on a 6-month contract based from home, with two days per week requirement in the London office.

Key Responsibilities

* Liaising regularly with the wider business to discuss and collaboratively solve OTC challenges

* Provide Trade Support services to the Derivatives Business, this includes both OTC and Exchange traded Derivatives.

* Work closely with technology, establish required system enhancements, drive prioritisation and plan/manage change for the function.

* Demonstrably control all work in progress, escalating where appropriate

* Identification and implementation of process improvements, as a result of errors, changing market practices / requirements, volume changes, or efficiency opportunities

* Understand and comply with all requirements of regulatory regimes and corporate policies and procedures.

* Provide regular updates to Operations management

* Provide a professional service to all internal and external clients, and constructive input to work ongoing in other areas.

* Assist with the evolution of the Derivatives Support function, evaluate the go-forward operating model and enable new business initiatives.

* Contribute towards simplifying any complex, inefficient process' and show demonstrable improvement

* Ensure the functions regulatory responsibilities are understood with processes and controls established to ensure compliance.

* Processing of mid-life events linked to Derivatives transactions including unwinds, knock events, expiries, assignments, exercises, interim swap payments and corporate actions

* Responding to Front Office enquires and clearing issues.

* Timely management of exceptions in trade flow, with appropriate escalation for aged items.

* Monitor ongoing support needs to address changes and gap

* Drive continuous improvement efforts, while reducing risk across all touch-points in the trade path

* Ensure the accurate and timely escalation and resolution of all inquiries

* Address ad hoc queries from operations, technology, and the front office

Key Requirements

* Good understanding of ISDA 2006 & 2021 Definitions

* Front to back understanding of Derivative Trade Flow, including Trade Capture, Confirmation, Settlements, Compression, Valuations and transaction reporting.

* Full understanding of Derivative Products and their lifecycle events and their associated regulations.

* Equivalent experience at an Investment Bank, working in a Derivative Middle / Back Office capacity.

* Knowledge of Derivatives and Operations experience will be an advantage

* In-depth knowledge of Microsoft products and Internet technologies

If you think you have the experience and knowledge, please apply with your CV right now for instant consideration!

TO APPLY – PLEASE REPLY WITH AN UP-TO-DATE CV

Candidates will ideally show evidence of the above in their CV in order to be considered.

Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly.

Pontoon is an employment consultancy and operates as an equal opportunities employer

Job Type: Contract, Full Time
Location: London
Category: Accounting/Financial/Insurance
City: London
County: London
Country: United Kingdom
Salary:
Benefits: