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OTC Derivatives Analyst

2 weeks ago


Toronto, Canada S&P Global Full time

**OTC Derivatives Analyst**:

- Toronto, Canada
- Operations Group
- 314727

**Job Description**:
**About The Role**:
**Grade Level (for internal use)**:
08

**The Team**:
Portfolio Valuations (PV) provides an independent, post-trade valuation service to buy-side institutions globally, covering vanilla and exotic OTC derivatives, cash instruments, and structured notes across all asset classes. The service also offers clients the ability to receive an aggregated set of counterparty marks for their trades.

OTC Derivative Data (OTC DD) service provides daily high-quality OTC derivative data to both buy-side and sell-side clients.

The TOTEM service is the leader in providing major market makers in OTC derivatives with definitive consensus prices. More than 90 of the leading banks, trading houses and other investment professionals use the TOTEM service as the key independent check of their trading book valuations. The service encompasses equity, rates, currency, commodity, credit and bond derivatives, providing comprehensive matrices of vanilla prices and a wide selection of exotic products.

**Responsibilities and Impact**:We are looking for a talented and enthusiastic individual with experience in derivative pricing and the related market datasets to be part of a team of analysts that supports the creation, maintenance and delivery of derivatives market data sets and valuations.

You are responsible for:

- Organizing and running daily and monthly valuation processes for clients; this will require hands-on responsibility for some accounts
- Handling simple and complex price challenges and resolving them to the satisfaction of the client
- Building and maintaining client relationships, so that clients are aware of Markit’s new and existing valuation capabilities and increase their use of these services
- Contributing to the design and testing of Markit’s valuation systems
- Ensuring that data capture and cleaning processes are run, refined and automated

**What We’re Looking For**:
**Basic Required Qualifications**:

- A bachelor's degree in a quantitative discipline.
- Good understanding of OTC derivatives in one or more asset classes.
- Appetite for providing services to external clients on a regular basis.
- General understanding of financial markets and be keen to extend knowledge of OTC derivatives across all asset classes.
- Must embrace the importance of high service levels as part of a commercial relationship.

**Additional Preferred Qualifications**:

- Relevant practical experience (0-2 years)
- Other programming experience in any language e.g., SQL, Python
- Good understanding of market and reference datasets

**About S&P Global Market Intelligence**

At S&P Global Market Intelligence, a division of S&P Global we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction.

**What’s In It For**You?**

**Our Purpose**:
Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology-the right combination can unlock possibility and change the world.

Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.

**Our People**:
We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.

**Our Values**:
**Integrity, Discovery, Partnership**

At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of **integrity** in all we do, bring a spirit of **discovery** to our work, and collaborate in close **partnership** with each other and our customers to achieve shared goals.

**Benefits**:**

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include:

- Health & Wellness: Health care coverage designed for the mind and body.
- Flexible Downtime: Generous time off helps keep you energized for your time on.
- Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
- Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched