Derivatives Analyst

Collabera; Bedford; On-site; CAD 32,000 - 37,000; Full time

Benefits offered by this job

Total rewards package

Job summary

Collabera is seeking an experienced professional to draft, review, and negotiate OTC derivative confirmations, with a focus on equity derivatives. The role requires meticulous attention to detail and the ability to handle high-volume workflow while maintaining accuracy.

The candidate will liaise with teams in London, Toronto, and New York, support process improvements, and ensure regulatory compliance across jurisdictions. Strong communication and collaboration are essential for success.

Qualifications

• Experience drafting, reviewing, and negotiating OTC derivative confirmations.
• Knowledge of equity derivative products (swaps, options, exotics).
• Strong attention to detail and ability to manage high volumes with accuracy.
• Excellent written and verbal communication skills with a client-service orientation.

Responsibilities

• Draft, review, and negotiate OTC derivative confirmations.
• Escalate unusual behavior or processing issues promptly.
• Support team on projects, process improvements, or new initiatives.
• Ensure documentation complies with regulations and market best practices.
• Chase and follow up on outstanding confirmations to minimize delays.

Skills

OTC Confirmations

Equity derivatives

Attention to detail

Client communication

Education

CFA or related financial certification

Tools

Sophis

Actiflow

Nemo

Python

VBA

Microsoft Office

Job description

• Draft and review ISDA confirmations covering plain vanilla and structured OTC derivative transactions initially covering the equity asset classes and thereafter supporting other asset classes, as necessary, and directly negotiate terms of the confirmation with counterparties.
• Escalate any unusual behavior as well as any processing issues to the Team Manager in a timely manner following the BCS Escalation Policy.
• Assist the Team Manager / Department Head on projects, process improvements or new business initiatives as requested.
• Ensure that all documentation comply with jurisdictional regulations, ISDA and current market practice, or where there are variations, that they are acknowledged and understood by the appropriate individuals and teams.
• Daily chase and follow up on all outstanding (unsigned) confirmations.
• Eliminate lengthy delays in confirmation execution and elevate inevitable delays promptly and appropriately.
• Be an information conduit between London, Toronto & New York Derivative Confirmations teams.
• Take on ad hoc projects related to cost reduction and efficiency enhancement goals.
• Participate in regular team meetings which also includes but is not limited to knowledge sharing on a specific derivative product.
• Regulatory initiatives – assist Regional Management to pre-emptively adapt to evolving regulatory requirements, stay abreast of the latest developments (e.g. DFA, Clearing) and their implications to make recommendations.
• Track and govern self-identified gaps and audit comments.
• Continue to develop product / market knowledge to ensure daily processes effectively mitigate operational risks.
• Support colleagues during busy periods by sharing workload as applicable. This includes cross-training on other desks within the department to provide relief during absences and high volume periods.

Technology / Software Knowledge

• Microsoft Office Suite
• Sophis
• Actiflow
• Nemo
• Python
• VBA

Must-Have Skills / Experience / Qualifications

• Experience drafting, reviewing, and negotiating OTC derivative confirmations.
• Knowledge of equity derivative products (swaps, options, exotics).
• Strong attention to detail and ability to manage high volumes with accuracy.
• Excellent written and verbal communication skills with a client-service orientation.

Nice-to-Have Skills / Experience / Qualifications

• CFA or relevant financial certification.
• Experience with Sophis, Actiflow, or Nemo.
• Python/VBA skills (for process automation or efficiency projects).
• Familiarity with regulatory frameworks such as Dodd-Frank, EMIR, or clearing requirements.

Soft Skills

• Strong written and verbal communication skills, particularly for negotiating confirmation terms with external counterparties.
• Persistent and proactive follow-up ability — comfortable chasing outstanding items without letting things slip.
• Client-service mindset with a professional and courteous approach when dealing with counterparties and internal stakeholders.
• Collaborative team player willing to cross-train and share workload during peak periods.
• Strong organizational skills with the ability to prioritize and manage multiple outstanding items simultaneously.
• Comfortable escalating issues promptly and clearly when needed.

The expected base salary range for this position is $23 – $27 per hour, depending on experience, skills, and internal equity.

The Company offers a total rewards package in accordance with all applicable federal, provincial, and local laws and requirements. Benefit eligibility and offerings vary based on role, employment status, and work location.

For contractor positions, benefits are limited to those entitlements and protections required by applicable law, which may include (as applicable) vacation pay, public holidays, leaves of absence, and other legally mandated benefits or payments.

We may use AI-enabled and/or automated tools to support parts of our recruitment process, including application screening, interview scheduling, and candidate communications. These tools are used to enhance consistency and efficiency. All hiring decisions involve human review and are not based solely on automated processing.