• 10 July 2008
• Reference: JR200270

• Derivative Documentation Clerk

• City of London £20.00 - £25.00 p/hr Temporary

Derivative Documentation Clerk
£20.00 - £25.00 Per Hour
City OF London

Leading global investment bank with a strong and profitable private clients franchise is seeking the services of an eager and articulate Derivative Documentation Clerk.

This crucial role will see become an integral member of the will be part of the GED Documentation Chasing/Control Team. The main purpose of this role is to reduce the global total number of unsigned Confirmations to beat the industry benchmark for OTC Equity Derivative Documentation for the Affirmation of Confirmations.
The role will involve the day-to-day management of the following core functions:

*Monitor and manage exclusively all items in Tracking Manager that pertain to the relevant Corporate/Interbank post-dispatch population, with the explicit aim of minimising and actively reducing the operational risk associated with unsigned documentation.
* Analyse, manage, prioritise and chase all items of unsigned documentation pertaining to the above mention population, in accordance with the "Equity Derivative Documentation Procedures".
* Liaise principally with Marketers & Traders, as well as Business Managers, GED Operations colleagues from Settlements & Trade Support, Compliance, Credit and Tax
* Maintain the integrity of information held within Tracking Manager and EDI to provide accurate and "risk transparent" data
*Daily/Weekly/Bi-Weekly review of available MIS to prioritize issues. Immediate communication to the relevant Trader(s)/Marketer(s) of all trades on such reports where they can add leverage to ensure execution prior to expiry.

*In addition to managing the 'bottom up' core process, apply a 'top down' approach with respect to management of the unsigned documentation portfolio

To be successful in this role you will need have Equity Derivative experience as well as ISDA experience relating to a specific derivative asset class, preferably Equity Derivatives. Knowledge of the 1996 and 2002 ISDA Equity Derivatives Definitions and the 2000 ISDA Definitions would be beneficial.

This is an excellent opportunity to join one the worlds most recognised investment banks to further enhance your career. If you're looking for a temp role in a dynamic environment with the skills and experience outlined then we look forward to hearing from you.

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Keywords related to this job

• Banking Operations,
• Derivatives Documentation,
• City of London,
• Temporary,
• Investment Banking,
• Derivative Documentation Clerk