Senior Capital Markets Business Analyst with derivatives experience to work with one of our major banking clients- 36488

Senior Capital Markets Business Analyst with derivatives experience to work with one of our major banking clients- 36488

Schedule Hours: 9am-5pm Monday-Friday; standard 37.5hrs/week

• Business group: Rates Derivatives Technology Group
• This group deals with majority of rates and the main products include interest rates swaps and options (Swaptions), Callable, Cap/Floor options.
• Projects: DAS Phase 2 Implementation - integration of in house pricer rate derivative project, building and testing test finance for internal regression testing

Typical Day in Role:

• Work collaboratively with our in-house Financial Engineering team to integrate their latest novel pricer into our in-house derivatives trading application.
• Work with development on building out our new internally developed test harness to help automate regression tests.
• Design and build/improve new/existing processes.
• Co-ordinate with local (Toronto) development teams to ensure work is delivered on time.
• Provide reporting to management on progress, raise concerns and suggest improvements to existing processes.
• Leading the efforts from Toronto office and will be responsible for their own work and certain element of creative control over the solution.

Must Have Skills:

• 10+ years of experience as a business analyst
• Good understanding and knowledge of derivatives, in particular financial aspects such as derivatives pricing, P&L analysis, VaR. MtM. Products include IR Swaps, FX options (FXO), IR options (Cap/floor), Money Market tickets
• Good understanding of derivatives trade lifecycle management including trade reconciliation, fixing and confirmations/settlements.
• 5+ years of experience working with technology applications that supported derivatives trade lifecycle processes, including both in-house and vendor solutions (e.g. Calypso, Murex, ION).
• Recent working experience with DB SQL (Sybase or MSSQL preferred)

Nice-To-Have Skills:

• Knowledge of XVA & Riskwatch

Education & Certificates:

• STEM degree (e.g. Computer Science, Engineering, or Physical Sciences degree),
• Candidates qualified in CFA would be preferred.

Best VS. Average Candidate:

• Best candidate will have in-depth knowledge on how PV for swaps/options are calculated in order to help us validate and identify issues with the new pricer.

Interview schedule:

• 1st round - In person preferred, virtual optional - HM - 30 mins (Must have skills/work experience/technical aspects and soft skills)
• 2nd round may depend (specific to financial knowledge)

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