28 Aug
|
FP
|
Nova Scotia
An Initial AI Screening will be conducted for this role
Contract Duration: 6 months
Daily Responsibilities Draft and review ISDA confirmations covering plain vanilla and structured OTC derivative transactions, initially covering the equity asset classes and thereafter supporting other asset classes, as necessary, and directly negotiate terms of the confirmation with counterparties
Escalate any unusual behaviour as well as any processing issues to the Team Manager promptly following the BCS Escalation Policy
Assist the Team Manager / Department Head on projects, process improvements or current business initiatives as requested
Ensure that all documentation complies with jurisdictional regulations, ISDA and current market practice, or where there are variations, that they are acknowledged and understood by the appropriate individuals and teams
Daily chase and follow up on all outstanding (unsigned) confirmations
Eliminate lengthy delays in confirmation execution and eliminate inevitable delays promptly and appropriately
Be an information conduit between London, Toronto & New York Derivative Confirmations teams
Take on ad hoc projects related to cost reduction and efficiency enhancement goals
Participate in regular team meetings which also include but is not limited to knowledge sharing on a specific derivative product
Regulatory initiatives – assist Regional Management to pre-emptively adapt to evolving regulatory requirements, stay abreast of the latest developments (e.g. DFA, Clearing) and their implications to make recommendations.
Track and govern self-identified gaps and audit comments
Continue to develop product/market knowledge to ensure daily processes effectively mitigate operational risks
Support colleagues during busy periods by sharing workload as applicable. This includes cross-training on other desks within the department to provide relief during absences and high-volume periods
What program/technology/software knowledge is essential for this role? Describe in what capacity the selected candidate will be using it Microsoft Office Suite/Sophis/Actiflow/Nemo/Python/VBA
Must-have Skills/Experiences and/or Education, certifications, qualifications, designations Experience drafting, reviewing, and negotiating OTC derivative confirmations
Knowledge of equity derivative products (swaps, options, exotics)
Strong attention to detail and ability to manage high volumes with accuracy
Excellent written and verbal communication skills with a client-service orientation
Nice-to-have Skills/Experience and/or Education, certifications, qualifications, designations CFA or relevant financial certification
Experience with Sophis, Actiflow, or Nemo
Python/VBA skills (for process automation or efficiency projects)
Familiarity with regulatory frameworks such as Dodd-Frank, EMIR, or clearing requirements
Soft Skills Strong written and verbal communication skills, particularly for negotiating confirmation terms with external counterparties
Persistent and proactive follow-up ability — comfortable chasing outstanding items without letting things slip
Client-service mindset with a professional and courteous approach when dealing with counterparties and internal stakeholders
Collaborative team player willing to cross-train and share workload during peak periods
Strong organizational skills with the ability to prioritize and manage multiple outstanding items simultaneously
Comfortable escalating issues promptly and clearly when needed
FP Inc. is committed to creating an inclusive environment where all team members and clients feel like they belong. In accordance with the requirements set out in the Employment Standards Act, FP Inc. hereby declares that AI is utilized in the screening process for this position. The compensation range for this role is C$26– C$28/hr. We seek applicants with a wide range of abilities, and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, colour, religion, national origin, sex, physical or mental disability, or age.
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📌 Analyst, Derivatives Confirmations (Nova Scotia)
🏢 FP
📍 Nova Scotia