Derivatives Operations Officer

3 weeks ago


London, United Kingdom LMA Full time

One of our clients has a new exciting role searching for keen experienced derivatives professionals or grads who are looking for their first professional opportunity

Roles & Responsibilities:

- Day to day processing of Derivatives trades, which includes confirmation and settlement of derivative products booked to FOX and OBS
- Ensure timely trade processing of Vanilla and Exotic FX Options, Interest Rate Swaps and Currency Swaps from Front Office trade capture systems to the respective accounting and payment system and General Ledger.
- Ensure derivative transactions are processed by the team in accordance with Head Office rules, regulatory obligations and local procedures.
- Monitor modification queue in SAA, Montran and take appropriate action to ensure payments are released
- Input and prepare MT103's in SAA as and when necessary
- Generation and completion of long form and ISDA trade confirmations
- Assist with the creation of test plans and test scripts, and perform UAT testing
- Understanding of derivatives settlements business to included Interest Rate Swaps, Cross currency swaps, Inflation swaps & FX Options
- Understanding of payment formats



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