• 19 November 2008
• Reference: JR203337

• Derivatives Operations Analyst

• City of London £20.00 - £24.00 p/hr Temporary

Derivatives Operations Analyst, London Margin Lending Group
£20.00 - £24.00 Per Hour
City Of London

A leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals is seeking an ambitious Derivatives Operations Analyst with strong derivative product knowledge a must.

The Margin Lending Group, within Margin, Valuations & Pricing is a global team responsible for margin risk monitoring and collateral management of Prime Brokerage clients. The team covers products across the OTC Derivative range, including: Interest Rate and Equity Swaps, Credit Derivatives, Fixed Income & Equity Options, FX Derivatives and Commodities. The role will involve a high degree of interaction with external hedge fund clients, as well as many internal groups including Business Reps, Credit, Risk, IT, Sales & Trading and Operations groups across all derivative classes.

Principle Duties and Responsibilities:

*Daily monitoring of margin and collateral exposure for Prime Brokerage clients.
*Validating and ensuring all margin calls are issued on a timely basis and collateral is received to mitigate the firm's credit risk.
*Following up on margin calls and working closely with clients the Prime Brokerage Business Reps, Credit to ensure all margin calls are met in a timely manner.
*Resolution and escalation of all client disputes and queries.
*Monthly Interest and coupon settlement.
*Responding to all incoming queries and interacting with many different areas of the bank including Prime Brokerage, Credit, Sales, Trading, Middle office, Legal and Settlements.
*Proactively working on enhancing the process and controls.
*Project and initiative management and participation within the team and across all regions.

To be a successful Derivatives Operations Analyst you will need to have strong analytical skills as well a proven working knowledge of derivative products. You must posses an ability to deal with multiple complex issues at the same time, while demanding timeframes.

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 Trade Support,
• City of London,
• Temporary,
• Investment Banking,
• Derivatives Operations Analyst,
• London Margin Lending Group