At a Glance
- Tasks: Support onboarding and customization of Total Return Swaps while collaborating with finance and tech teams.
- Company: Join a leading financial client focused on derivatives technology.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic environment with potential for career advancement and exposure to innovative projects.
- Why this job: Make an impact in the fast-paced world of derivatives and enhance your technical skills.
- Qualifications: Experience with Basket Total Return Swaps and strong data analysis skills required.
The predicted salary is between 90000 - 110000 $ per year.
Are you experienced with Basket Total Return Swaps and looking to make an impact in derivatives technology? Working with one of our top financial clients, this role calls for a technically capable professional with strong product knowledge in OTC derivatives, particularly Basket Total Return Swaps, and the ability to translate complex business requirements into practical technical solutions. The role involves supporting trade product onboarding, customization, testing, and validation for a key initiative on the GCF Finance Desk, with potential to extend into broader risk and product optimization projects.
Responsibilities
- Support the onboarding, customization, and operationalization of Total Return Swaps (TRS) and other derivative products.
- Conduct business and functional analysis to understand trading lifecycle events, lifecycle management, and risk reporting.
- Assist in testing, validation, and reconciliation of P&L and risk reports, ensuring accuracy and resolution of discrepancies.
- Collaborate with trading, finance, data, and technology teams to gather requirements and deliver practical technology solutions.
- Analyze data from various layers, including Bronze and Silver, ensuring data supports business reporting and decision-making.
- Investigate and validate data integrity using SQL, Python, Databricks, and PostgreSQL, pre-production before delivery.
- Guide stakeholders through testing and onboarding processes, translating business needs into technical specifications.
- Maintain independence and practical problem-solving; take ownership of issues from inception to resolution.
- Support transition to additional derivative products and risk initiatives as part of ongoing product optimization.
Desired Skill-Set
- Extensive experience with Basket Total Return Swaps and OTC derivatives products.
- Strong data analysis skills, including proficient query writing in SQL and Python.
- Hands-on experience working within Databricks and understanding of data ingestion and architecture.
- Ability to interpret business and trading requirements, communicating effectively across technical and non-technical teams.
- Solid understanding of the derivatives lifecycle, risk, P&L, and reporting discrepancies.
- Demonstrated independence and practical approach to problem-solving in a fast-paced environment.
- Proven track record working directly with trading and finance stakeholders on technical and operational projects.
Nice to Have
- Prior experience with client's X Trader application supporting OTC Derivatives.
- Knowledge of the end-to-end lifecycle of Basket TRS and related reporting tools.
- Exposure to data layers (Bronze/Silver) and data flow in capital markets environments.
- Experience supporting risk and P&L reconciliation efforts at a technical or analytical level.
- Previous exposure to trading desk risk initiatives and product customization.
BeachHead is an equal opportunity agency and employer. We advocate for our candidates and welcome applicants regardless of race, color, religion, national origin, sex, age, or physical or mental disability.
Swaps BSA – Derivatives Technology in Toronto employer: BeachHead Inc.
At BeachHead, we pride ourselves on fostering a dynamic and inclusive work environment that empowers our employees to thrive. As a Senior Swaps Business Analyst, you will have the opportunity to collaborate with top-tier professionals in the financial sector, driving innovation in electronic trading and enhancing trading workflows. Our commitment to employee growth is reflected in our supportive culture, where continuous learning and development are encouraged, making us an exceptional employer for those seeking meaningful and rewarding careers in the heart of capital markets.
