Job Description

We are seeking a Derivative Analyst for a global financial institution for their downtown Toronto office.

As a part of the alternative investment services group the Derivatives Analyst will be responsible for analyzing and reconciling Listed and OTC Cleared Derivatives.

The position requires thorough understanding of listed & complex OTC instruments, close attention to detail and the ability to coordinate with multiple internal and external stakeholders, timely and efficiently.

Primary Responsibilities:

Perform day to day processing and analysis of equity/credit derivative products, alternative products and term loans;

Successful delivery of assigned accounting, finance and reporting functions adhering to multiple daily deadlines, while ensuring accuracy of performance and exposure analysis;

Calculating and posting MTM for all open positions to applicable reporting systems;

Clear breaks identified in the reconciliation process through GL adjustments and verify resulting P&L impact;

Monitor net cash flows for the various products;

Produce daily valuation reports and P&L impact reports, including backdated impacts;

Reconcile positions and P&L against third parties;

Strict adherence to all policies and procedures as defined in the risk and compliance protocols.

Requirements:

Bachelor degree in Finance/Accounting/Math or equivalent

Intermediate proficiency in MS Excel

Strong analytical skills and basic knowledge of financial instruments

Strong adaptability and learning capability

Excellent oral and written communication skills

Preferred:

Prior industry experience

Completion or candidacy in CFA, CPA or similar designation

Experience with OTC Derivative systems and Workflows

Job Types: Full-time, Permanent

Pay: $50,000.00 per year

Education:

Bachelor's Degree (required)
Work Location: Hybrid remote in Toronto, ON M5J 2W4