Finance Jobs in Canada For Indian Freshers

Main Purpose:

The Derivatives Analyst manages the entire lifecycle of Over The Counter and Exchange traded derivatives

Knowledge Skills and Abilities, Key Responsibilities:

Knowledge Skills and Abilities

• Degree educated or equivalent in numerate discipline.
• Understanding of financial markets and trading businesses, both exchange traded and over the counter markets.
• Experience of Clearing broker operations, settlements, and associated reconciliations
• Working knowledge on Derivatives (Power, Gas, Energy) and/or physical commodities.
• Working knowledge and direct Middle/Back Office experience in full Lifecycle of futures, OTC, and cleared derivative products.
• Proficient in MS Excel
• Familiarity with Allegro system is a plus
• Understanding of International Swap & Derivatives Association (ISDA) and CSA’s standards is preferred.
• Fast learner and comfortable operating in a dynamic environment. Flexible attitude and self-motivated
• Strong interpersonal skills to effectively communicate cross-functionally and cross culturally.
• Proven ability to partner with global stakeholders

• Strong time management and organizational skills with the ability to manage multiple projects and BAU with competing deadlines.
• Demonstrated ability to work independently and in team environment in a collaborative manner.
• Meticulous, detail oriented.

Key Responsibilities

• Ensure all trades processed through clearing banks are correct & reconcile to traders records.
• Collateral management and OTC Margin call processing.
• Work with internal departments, external counterparties and exchanges to resolve discrepancies on trades
• Complete daily, weekly, monthly, quarterly, and year-end reporting duties in a timely manner.
• Perform Regulatory reporting for Regulations such as EMIR, MAS, Dodd Frank, REMIT
• Maintain all clearing accounts on the internal system daily basis, processing contract expiries and trade transfers between accounts
• Inform the Treasury department of the daily movement of cash received or paid to the clearing houses.
• Perform Derivative settlements and review Confirmations.
• Perform User Acceptance Testing (UAT) to regularly improve internal processes and systems with IT.

Key Relationships and Department Overview:

• Internal: Traders, Deals Desk, Treasury, Accounting, Credit, IT, Project Team
• External: Clearing Brokers, Exchanges, Executing brokers External: OTC Counterparties