Middle-office OTC Derivatives Analyst

Middle-office OTC Derivatives Analyst

12 months

Downtown Toronto – Hybrid – 3 days per week

Rate: $30-41/h (INC)

Core Hours: 10am- 6:30pm EST

Job Title: Middle-office OTC Derivatives Analyst

How many positions are you filling? 1

Contract Duration (in Months)? 12 months

Scheduled working hours: 10am- 6:30pm

Will overtime be required? How much/ often? A little OT, 2-10hrs a month if interested

Is there opportunity or strong likelihood for an extension, or conversion to full time employee? Potentially

Describe your department – size, structure, team culture

• About 50 staff, Recon team/Valuation Team/Processing team, team culture (positive vibes)

Daily Responsibilities:

Describe a typical ‘day in the life’

• Performs day to day processing and analysis of Alternative products, including a variety of Derivatives products

• Ensure accurate and timely delivery of Reporting, and to ensure accuracy and appropriateness of accounting for performance and exposure analysis.

• Provide assistance to the other staff when help is needed

• Performs Accounting functions including control and updating the general ledger, appropriate review, analysis of profit and loss (P&L) and reconciliation break clearance.

• Monitor net cash flows for the various products.

• Calculate mark to market (MTM) for all open positions and posting to respective reporting platforms.

• Ensure compliance to Trust Agreements and relevant disclosure documents as it relates to service delivery and adherence to industry regulations and guidelines.

• Performs ad hoc request when directed by the manager

What program/technology/software knowledge is essential for this role? Describe in what capacity the selected candidate will be using it?

• Excel (VBA/Macro)

• W360 (would be a bonus)

• Bloomberg terminal (would be a bonus)

Must-have Skills/Experiences and/or Education, certifications, qualifications, designations:

• Experience in Fund Accounting, Derivatives Administration, Fund on Funds, Hedge fund, Pension Reporting and/or Equity Funds

• Able to work independently as well as in a group environment

• Team player with strong interpersonal, organizational and communication skills

• Computer Skills: MS office, knowledge and experience with Derivatives systems and integration

• Flexibility to meet scheduled shift work

Nice-to-have Skills/Experience and/or Education, certifications, qualifications, designations:

• Securities experience

• Working knowledge of GAAP

• Leadership skills

Soft Skills:

• Strong attention to detail

• Solid ability to handle strict deadlines

• Excellent organizational skills

Languages: English (strong proficiency written and verbal)

Please describe the work environment: On-site at least 3 times a week (Tuesday-Thursday, flexible depending on business needs), must have a functional working personal computer to work from home (as we do not have additional PCs to provide to contractors to their homes)

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