OTC Equity Structured Drafting: Senior Analyst/Associate

careersdeltacapita; New York (NY); Hybrid; USD 65,000 - 100,000; Full time

Job summary

Delta Capita in New York is seeking a Full-Time team member for its OTC Business. The role supports investment banking clients in the OTC drafting processes.

Responsibilities include managing OTC derivative confirmations, collaborating with clients, and drafting confirmations. Candidates should have a Bachelor's degree and strong knowledge of ISDA Definitions, along with experience in OTC Equity Structured Products.

Qualifications

• Good knowledge of the 2002 and 2006/2021 ISDA Equity and Swap Definitions.
• Experience in drafting various OTC Equity Structured Products.

Responsibilities

• Mitigate risks and confirm OTC derivative transitions with clients.
• Review inbound confirmations and resolve disputes.
• Draft and review confirmations and term sheets.
• Deliver strategic projects to enhance efficiency.

Skills

Knowledge of ISDA Exchange Definitions

Experience in drafting OTC Equity Structured Products

Education

Bachelor's degree or equivalent

Job description

Location: New York – Role Type: Full Time

This is a great opportunity to join Delta Capita’s OTC Business working with some of the world’s leading financial institutions.

The OTC 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 our manual drafting team, supporting our investment banking clients’ OTC drafting processes.

Key Responsibilities

• Risk mitigate and confirm OTC derivative transitions with both internal and external clients via paper confirmation process.
• Collaboration with counterparties – review inbound confirmations, resolve any client language disputes, and any urgent issues arising from escalations.
• Draft and/or review any ad-hoc confirmations and/or term sheets requests in conjunction with internal stakeholders and Legal.
• Deliver strategic projects to drive efficiency and enhanced controls.
• Manage other tasks assigned as demand dictates.

Qualifications

• Bachelor's degree or equivalent.
• Good knowledge of the 2002 and 2006/2021 ISDA Equity and Swap Definitions.
• Experience in drafting OTC Equity Structured Products such as Conditional Variance Swaps, Up Variance Swaps, Corridor Variance Swaps, Phoenix Autocalls, Swap Strategies, and Option Strategies.

Hybrid Working Expectations

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 requires.

Salary Range

Senior Analyst: $65,000 – $75,000 (dependent on experience)

AVP: $80,000 – $100,000 (dependent on experience)

Equal Opportunity Employer

Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, 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.

For this role a valid work authorization for the US is mandatory.