OTC Equity Structured Drafter

Delta Capita; Baltimore (MD); On-site; USD 80,000 - 120,000; Full time

Job summary

An established industry player in financial services is seeking an OTC Equity Structured Drafter to join their dynamic team. This role involves drafting confirmations, collaborating with clients, and managing trade confirmations for OTC derivatives. The ideal candidate will have extensive knowledge of ISDA Equity Definitions and experience in OTC Equity Structured Products. This position offers a hybrid working model, allowing flexibility while ensuring engagement with clients. Join a rapidly growing division that leverages technology to provide innovative solutions and support to leading financial institutions. If you are passionate about financial services and looking for a challenging role, this opportunity is perfect for you.

Qualifications

• Extensive knowledge of ISDA Equity Definitions is essential.
• Experience in drafting and reviewing OTC Equity Structured Products is required.

Responsibilities

• Mitigate risks and confirm OTC derivative transactions with clients.
• Collaborate with counterparties to resolve urgent issues.

Skills

ISDA Equity Definitions

OTC Equity Structured Products

Trade Confirmation Drafting

Client Collaboration

Job description

Role: OTC Equity Structured Drafter

Location: Baltimore (Hybrid working)

Employment Type: Permanent

This is a great opportunity to join Delta Capita’s Structured Retail Products (SRP) Business working with some of the world’s leading financial institutions.

The SRP business is a rapidly growing division within Delta Capita offering a comprehensive range of services to support structured product manufacturers in a variety of areas including documentation drafting, automation, client onboarding, product governance, issuance support, and post-trade lifecycle management. Our team of experts and technology are leveraged by leading structured product manufacturers to transform their businesses, delivering efficient and scalable solutions.

This role will be part of the OTC Equity Structured Drafter drafting team, supporting our investment banking client.

Job Description

• Risk mitigate and confirm OTC derivative transitions with both internal and external clients via paper or electronic confirmation process.

• Deal with trade confirmation language and economic breaks.

• Collaborate with counterparties - resolving urgent issues, clarification of issues or drafting points on outstanding trade confirmations.

• Draft ad-hoc confirmations in conjunction with Legal.

• Create templates if necessary, seeking Sales, Trading and Legal approvals.

• Deliver strategic projects to drive efficiency and enhanced controls.

• Manage other tasks assigned as demand dictates.

Skills and Experience Required

• Extensive knowledge of the 2002 and 2006 ISDA Equity and Swap Definitions.

• Experience in drafting and reviewing OTC Equity Structured Products. Such products include Conditional Variance Swaps, Phoneix Autocalls, Swap Strategies and Worst/Best of Strategies.

How We Work:

Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, colour, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.

This is a permanent, full time position located in Baltimore with hybrid working. As the selection and interview process is ongoing, please submit your application in English as soon as possible, if your profile is selected, a member of our team will contact you within 4 weeks. For this role a valid working permit for the US is mandatory.

Expectations regarding hybrid working: As we are a Service Provider and Consulting firm servicing clients, our policy for physically working from the office (which may be the clients' offices or our own offices depending on the client) aligns to what our clients' policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly this is also the minimum expectation that Delta Capita require.

Who We Are:

Delta Capita Group is a global managed services, consulting, and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualised services for financial institutions for non-differentiating services.

Our 3 offerings are:

• Managed Services

• Consulting & Solutions

• Technology

To know more about Delta Capita and our culture click here: Working at DC - Delta Capita