Middle-office OTC Derivatives Analyst - Proficient

Mindlance; Toronto; On-site; CAD 70,000 - 100,000; Full time

Job summary

A leading company in the financial sector is seeking a Middle-office OTC Derivatives Analyst for a 12-month contract in Toronto. The role involves processing and analyzing derivatives products, accounting functions, and ensuring compliance. Ideal candidates will have experience in fund accounting and strong interpersonal skills. Join a collaborative environment offering ample opportunities for professional growth.

Qualifications

• Experience in Fund Accounting and Derivatives Administration.
• Ability to work independently and as part of a team.
• Knowledge of GAAP is a plus.

Responsibilities

• Process and analyze day-to-day derivatives products.
• Perform accounting functions and update the general ledger.
• Ensure compliance with Client’s Trust Agreements.

Skills

Interpersonal Skills

Organizational Skills

Communication Skills

Flexibility

Education

Enrollment in CAIA/CGA/CMA/CFA

Tools

MS Office

Job description

Job Title: Middle-office OTC Derivatives Analyst
Location: Toronto, ON
Duration: 12 + Months

Daily Responsibilities:

• Performs day to day processing and analysis of Alternative products, including a variety of Derivatives products
• Ensure accurate and timely delivery of Reporting, and to ensure accuracy and appropriateness of accounting for performance and exposure analysis.
• Provide assistance to the junior staff when help is needed
• Performs Accounting functions including control and updating the general ledger, appropriate review, analysis of profit and loss (P&L) and reconciliation break clearance.
• Monitor net cash flows for the various products.
• Calculate mark to market (MTM) for all open positions and posting to respective reporting platforms.
• Ensure compliance to Client’s Trust Agreements and relevant disclosure documents as it relates to service delivery and adherence to industry regulations and guidelines.
• Performs ad hoc request when directed by the manager

Must Have Skills:

• Experience in Fund Accounting, Derivatives Administration, Fund on Funds, Hedge fund, Pension Reporting and/or Equity Funds
• Able to work independently as well as in a group environment
• Team player with strong interpersonal, organizational and communication skills
• Computer Skills: MS office, knowledge and experience with Derivatives systems and integration
• Flexibility to meet scheduled shift work

Nice to have skills:

• Securities experience
• Enrolment in CAIA/CGA/CMA/CFA or other recognized accredited program is desirable
• Working knowledge of GAAP
• Leadership skills

Mindlance is an equal opportunity employer. We are committed to inclusive, equitable, barrier-free recruitment and selection processes, and work environment in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). We will be happy to work with applicants requesting accommodation at any stage of the hiring process.