Autocallable Equity Derivatives Middle Office Analyst

Phyton Talent Advisors; New York (NY); On-site; USD 100,000 - 130,000; Full time

Job summary

A leading asset management company in New York is seeking a detail-oriented and analytical professional to join their Equity Derivatives Middle Office team. This role focuses on autocallable structured products, ensuring trade integrity and lifecycle management. Responsibilities include trade validation, management of lifecycle events, reconciliation processes, and workflow automation. The ideal candidate has a bachelor's degree in a relevant field and at least 5 years of experience in equity derivatives middle office, along with strong technical skills in risk systems and programming.

Qualifications

• Minimum of 5 years of experience in equity derivatives middle office.
• Familiarity with lifecycle events and payoff structures of equity-linked notes.
• Understanding of autocallable products and structured equity derivatives.

Responsibilities

• Validate and enrich equity derivatives trades with a focus on autocallable structures.
• Ensure accuracy of trade capture in booking systems.
• Monitor and manage lifecycle events for autocallables.
• Perform front-to-back reconciliations and resolve breaks.
• Act as a point of contact for sales, trading, structuring, and operations teams.
• Identify inefficiencies in workflows and propose automation solutions.

Skills

Detail-oriented

Analytical

Autocallable product knowledge

Strong understanding of derivatives pricing

Education

Bachelor’s degree in Finance, Mathematics, Economics, Engineering, or related field

Tools

Murex

Calypso

Excel

Python

SQL

Job description

My asset management client is seeking a detail-oriented and analytical professional to join the Equity Derivatives Middle Office team, with a primary focus on autocallable structured products. This role sits between Front Office trading desks and Back Office operations, ensuring trade integrity, risk transparency, and lifecycle management across complex equity-linked derivatives.

Key Responsibilities

Trade Support & Control

• Validate and enrich equity derivatives trades with a focus on autocallable structures (e.g., Phoenix, Athena, Snowball)
• Ensure accuracy of trade capture in booking systems and resolve discrepancies with Front Office
• Perform daily controls on trade populations, cash flows, and event schedules

Lifecycle Management

• Monitor and manage lifecycle events for autocallables:
• Coupon payments
• Autocall trigger observations
• Maturity/redemption processing
• Coordinate with structuring, trading, and operations teams to ensure correct event processing
• Analyze daily PnL and explain drivers, including market moves, time decay, and event impacts
• Monitor key risk sensitivities (Greeks) and escalate unusual movements
• Support risk reporting related to structured products and equity derivatives portfolios

Reconciliation & Break Resolution

• Perform front-to-back reconciliations (trades, positions, cash)
• Investigate and resolve breaks with internal stakeholders and external counterparties
• Ensure timely resolution of exceptions and proper documentation

Client & Stakeholder Interaction

• Act as a point of contact for sales, trading, structuring, and operations teams
• Support client queries related to autocallable product performance and lifecycle events
• Liaise with external parties (custodians, counterparties) as needed

Process Improvement & Automation

• Identify inefficiencies in workflows and propose automation solutions
• Contribute to system enhancements for structured product booking and monitoring
• Develop tools (e.g., Excel, Python) to improve controls and reporting

Required Qualifications

• Bachelor’s degree in Finance, Mathematics, Economics, Engineering, or related field
• Minimum of 5 years of experience in equity derivatives middle office
• Strong understanding of autocallable products and structured equity derivatives
• Familiarity with lifecycle events and payoff structures of equity-linked notes

Technical Skills

• Experience with trading/risk systems (e.g., Murex, Calypso, or similar)
• Basic programming knowledge (Python or SQL preferred)
• Understanding of derivatives pricing concepts and Greeks