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OTC Derivatives Analyst

Company: CFA Institute
Location: Boston
Posted on: September 25, 2022

Job Description:

About Us

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

We are transitioning to a hybrid work environment where both remote work and the office play a critical role. Our vision is a future where all employees are empowered to work flexibly to drive the best outcomes for our clients. Flexible work is a mindset and a core value. Our employees are encouraged to work remotely two days a week as a standard practice and will have flexibility in terms of working hours.

About the Role

As part of the InvesTech group, the OTC Derivatives Analyst position will be primarily responsible for supporting the OTC settlement and post-execution lifecycle event process for all OTC derivative products. This will encompass exception-based management of the trade capture workflow, lifecycle event processing, multiple daily reconciliations, and new product implementation for all OTC derivative activity across a suite of applications. The individual will continually look for opportunities to create efficiencies within these tasks through workflow enhancements and technology. The individual will work daily with our Brokers, Trading and Technology teams to ensure timely trade capture in multiple internal systems, processing of lifecycle events (rate resets, account openings, etc.) and resolution of reconciliation issues. The individual position will also work closely with our outsourced partner, State Street IMS West.

The OTC Derivatives Analyst will be responsible for monitoring and processing the life cycle events (settlements, corporate actions) of OTC Derivatives trades. Because of the complexity and manual nature of some functions, this position will continually look for opportunities to create efficiencies (automated or manual) in the processing, reporting and reconciliation of derivatives. While the individual will work in a team-oriented environment, many projects will be self-directed, often under intense deadline pressures.


--- Management of outstanding trade and reconciliation breaks

--- Daily review of OTC trade communication to ensure that new trades and amendments are captured properly and subsequently communicated to State Street IMS West

--- Serve as an escalation point for resolution of trade communication and settlements queries raised by dealers, State Street IMS West, and client agents

--- Serve as a resource for internal teams handling OTC derivative-related queries and audit requests from clients and their agents

--- Processing exceptional events that impact OTC derivatives positions, including credit events, corporate actions, and client transitions

--- Continuously identifying opportunities for improvement


--- Familiarity with, or interest in, OTC Derivatives

--- Exposure to back and middle office operations

--- Knowledge of trade communication, settlements, swaps, and corporate actions are a plus

--- Proficiency with Excel (Macros etc.) and SQL preferred

--- Be a self-starter and independent thinker

--- Demonstrate independent judgment and analysis

--- Possess strong interpersonal skills needed to work with the OTC Derivatives team and management

--- Be well organized, motivated, and possess strong problem-solving skills

--- Have demonstrated analytical and writing skills, and effective communication skills

--- High level of attention to detail

--- Have an undergraduate degree and strong academic record

--- 0-4 years of relevant industry experience is preferred

Not sure you meet 100% of our qualifications? That's ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law . If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at .

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Keywords: CFA Institute, Boston , OTC Derivatives Analyst, Professions , Boston, Massachusetts

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