Derivatives Finance Specialist

4 days ago


Calgary, Alberta, Canada Trafigura Full time

We are seeking a highly skilled Derivatives Finance Specialist to join our team at Trafigura. The ideal candidate will have a strong background in finance and derivatives, with experience in managing the entire lifecycle of Over The Counter and Exchange-traded derivatives.

About the Role:

The primary responsibility of this role is to lead and oversee margin and collateral requirements for Bilateral transactions which are covered by ISDA. This includes monitoring trades from initiation to completion, performing derivative settlements, and drafting and reviewing confirmations.

Key Responsibilities:

  1. Trade Lifecycle Management: Monitor trades from initiation to completion, ensuring all stages of the trade life cycle are managed efficiently.
  2. Derivative Settlements: Perform Derivative settlements and draft and review Confirmations.
  3. Collateral Management: OTC Collateral management and ISO (Independent System Operators) margining.
  4. Risk Management: Identify and manage risks associated with margining and collateral.
  5. Dispute Resolution: Handle disputes related to margin calculations and collateral exchanges, ensuring timely resolution of the disputes with Counterparties.
  6. Analysis and Reporting: Analyze exposure and M2M profit and loss on physical/derivative portfolios, complete daily, weekly, monthly, quarterly, and year-end reporting duties in a timely manner.

Requirements:

  • Educational Background: Degree educated or equivalent in numerate discipline.
  • Experience: 1 to 3 years of relevant experience in Finance.
  • Knowledge and Skills: Working knowledge on Derivatives (Power, Gas, Energy) and/or physical commodities, proficiency in MS Excel, familiarity with Allegro is a plus.
  • International Standards: Understanding of International Swap & Derivatives Association (ISDA) and CSA's standards is preferred.

Salary Information:

The estimated salary for this role is $80,000 - $120,000 per annum, depending on qualifications and experience. Benefits include comprehensive health insurance, retirement plan, and paid time off.



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