Derivatives Confirmations Analyst will be responsible for ensuring timely and accurate Confirmations of Derivatives trades. Analyst will work as part of our US Derivatives Confirmations team in a fast-paced and ever-changing environment where the ability to prioritize multiple tasks while experiencing short-term interruptions is highly valued. The individual will work collaboratively with colleagues in US/APAC/EMEA. The primary responsibility of a user will be supporting our US trading desk by problem solving and troubleshooting trade related issues.
Job Responsibilities
Functional Responsibilities
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Confirmation of Derivative trades by executing Trade Confirmation document exchanged via Industry platform (e,g, MarkitServ)
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Confirmation of CDS trades on electronic platform by liaising with counterparties and MO to resolve the encountered breaks
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Co-ordinating with CPs, legal teams, traders, and compliance departments for confirmation negotiation and execution.
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Ensuring all Derivative confirmations complies with regulatory and internal policy requirements
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Maintaining accurate records of executed agreements and tracking outstanding confirmations.
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Identifying and resolving confirmation discrepancies or legal issues by coordinating with FO/MO.
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Monitoring confirmation deadlines and ensuring effective use of escalation process for timely confirmation of trades and exchange of executed confirmations
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Regulatory & Compliance Reporting Ensure reconciliation processes comply with regulatory requirements (e.g., CSDR, SEC, MiFID II, Basel III).
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Supporting trade life cycle processes related to derivative transactions.
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Drafting, reviewing and managing the derivative agreements like ISDA Master Agreements, CSA & GMRA related confirmations.
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Provide support to Front Office and Middle office with daily issues, which may include troubleshooting problems arising on an ad-hoc basis or reacting to market driven demands such as prioritizing fails.
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Identifying operational risks proactively and mitigating appropriately.
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Ensure process documentation is relevant and updated regularly as per the audit standards
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Ensuring Daily/Weekly/Monthly reporting for management
KEY SKILL AREAS & KNOWLEDGE REQUIRED:
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Minimum 6+ years’ experience in Investment operations (Derivatives)
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Good knowledge of various Derivative products and Trade life cycle
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Meticulous, discipline and possess good working attitude.
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Able to handle work pressures and adhere to deadlines.
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Proven ability to partner with global stakeholders
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Team player with excellent communication skills
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Good knowledge of MS Office applications
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Attention to details, process orientated & analytical skills
