OTC Dispute and Reconciliation Analyst

3 weeks ago


Canada Finance Professionals Inc. Full time

Daily Responsibilities:

  • Running trade and collateral data extracts from vendor systems.
  • Running macros to identify breaks
  • Analysis of breaks
  • Communication with relevant internal stakeholders to help research breaks.
  • Daily communication with counterparties.
  • Daily monitoring of disputes as needed
  • Escalation as required of open issues/disputes.
  • Daily EOD dispute reporting as required.
  • Intra-day margin dispute reporting as required

What program/technology/software knowledge is essential for this role?

EXCEL – macros, advanced data functions

Must-have Skills/Experiences:

Good understanding of E2E margin process

Experience with OTC Derivatives and understanding of lifecycle and associated dispute drivers.

• 1-2 years’ experience in an operations/middle office role ideally with Derivatives and/or reconciliation

• College or University Diploma/degree

• Advanced EXCEL skills

• Attention to detail

• Ability to multi-task while adhering to deadlines

• Strong organisational and time management skills

• Good understanding of the OTC margining workflow under the ISDA-CSA protocols

Nice-to-have Skills/Experience:

ACADIASoft

COLLINE

TriOptima

• Experience with Database queries for reporting

• Familiarity with pricing and valuations of Over the Counter Derivatives and risks associated with collateralisation of these products

• Management Information reporting

• Understanding of regulatory requirements for OTC Derivative reconciliations across regimes in scope

• Understanding of Over the Counter Derivative trading and settlement process

• Understanding of risks and controls framework as it applies to Capital Markets and the OTC Derivative markets

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