Derivative Settlements - Associate

Derivative Settlements – Associate

Venn Group are currently looking for a Derivative Specialist to join a global bank in Canary Wharf on an initial contract basis, with scope for extensions.

It is essential for any applicants to have experience directly with Derivatives. The main responsibilities of this role include daily processing of both vanilla and exotic derivative trades, such as FX options, Interest Rate Swaps and Currency Swaps, on a daily basis. The role-holder will also be responsible for ensuring that trades adhere to regulatory obligations and local procedures throughout the EMEA region. Additionally, they will provide support to the wider Derivative Operations team, assisting with both ad hoc and scheduled duties pertaining to trade confirmations and SWIFT messaging.

Candidate must demonstrate knowledge of various SWIFT payment formats as well as timely generation and completion of long form and ISDA trade confirmations, ensuring they are sent and countersigned by external customers whilst working to routine deadlines.

Successful candidates must have the following:

· Previous experience working within derivative trade settlements/processing

· Derivative products and financial markets (incl. IRS, CCS, CAPS/FLOORS, CDS, FUTURES)

· Knowledge of different payment formats including MT103s

· Exposure to drafting trade confirmations

· Excellent communication skills able to deal effectively at many levels

This position offers the successful candidate the opportunity to join a highly reputable financial services organisation, where they will be working within a collaborative team that offers sustained growth and development whilst contributing to the broader objectives held across the bank’s Operations Department.

Candidates with the above experience are invited to apply to this advert; please submit your CV into this advert and a member of Venn Group’s Financial Services team will be in contact.