Derivative Operations Analyst - West Des Moines, United States - Palmer Group

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    Job Description

    Job Description

    Palmer Group has partnered with our local client in their search for a Derivative Operations Analyst to join their team. This individual will perform derivative trade life cycle functions and maintain relationships while supporting projects to drive the strategy of the department. If you meet the qualifications listed below and are interested in this position, please apply today

    Responsibilities:

    • Perform data management functions to ensure appropriate flow of data into internal trade execution, booking platforms, and collateral records, as well as downstream to accounting, reporting, and other stakeholder platforms
    • Update and reconcile trade bookings and legal trade documentation to ensure trades flow correctly for confirmation or to downstream systems
    • Collaborate with Derivative Portfolio Management, Derivative Trading, Legal, Treasury, and Investment Accounting to support end-to-end trade processing and data management for a variety of derivative products
    • Cooperate with foreign and domestic investment banks to manage settlements associated with derivative trade events, margin requirements, cash management, and collateral
    • Manage third-party providers, analyzing complex issues and coordinating with them to resolve any issues that arise
    • Supervise legal-document trading agreements; understanding differences among ISDAs, CSAs, MCAs, and associated agreements across different legal entities and trading partners
    • Contribute and enhance a culture of prudent risk management within the team and wider organization

    Requirements:

    • Bachelor's or master's degree in economics, finance, statistics, math, physics, computer science, or other STEM majors required
    • Strong quantitative, analytical, and problem-solving skills
    • Proficient in Excel
    • VBA/SQL experience preferred
    • Excellent verbal and written communication skills
    • Great work ethic, highly detail-oriented, well-organized, assertive, and self-motivated
    • Ability to effectively prioritize in a fast-paced environment

    Work Model:

    • Hybrid
    Company DescriptionPalmer Group is a premier employment agency. Since 1998 we have been a leading resource in providing employment solutions. With consistency and confidence, our experts partner with our clients and candidates as they navigate the evolving job market.

    Our employment solutions include temporary and contract staffing, direct-hire placement, as well as additional job seeker services, employer services, and managed services.

    We are an employee-owned company founded on strong ethics, values, and a passion for making lives better. Our employees are committed professionals that are passionate about helping others and forming relationships that matter.

    Through our relationships, we've built a client roster that ranges from local to Fortune 500 companies in a variety of industries and have developed a vast network of high-quality candidates from entry to executive-level experience.

    Our areas of expertise include Accounting & Finance, Administrative & Customer Service, Construction, Engineering & Manufacturing, Human Resources, Information Technology, Insurance, Mortgage & Banking, and Sales & Marketing.

    Company Description

    Palmer Group is a premier employment agency. Since 1998 we have been a leading resource in providing employment solutions. With consistency and confidence, our experts partner with our clients and candidates as they navigate the evolving job market. \r
    \r
    Our employment solutions include temporary and contract staffing, direct-hire placement, as well as additional job seeker services, employer services, and managed services. \r
    \r
    We are an employee-owned company founded on strong ethics, values, and a passion for making lives better. Our employees are committed professionals that are passionate about helping others and forming relationships that matter. \r
    \r
    Through our relationships, we've built a client roster that ranges from local to Fortune 500 companies in a variety of industries and have developed a vast network of high-quality candidates from entry to executive-level experience. \r
    \r
    Our areas of expertise include Accounting & Finance, Administrative & Customer Service, Construction, Engineering & Manufacturing, Human Resources, Information Technology, Insurance, Mortgage & Banking, and Sales & Marketing.