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?
- 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:
- Working knowledge of GAAP
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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