Senior Capital Markets Business Analyst with derivatives (IR Swaps, FX options (FXO), IR options (Cap/floor)) and trade Lifecyle process experience to work with one of our major banking clients- 35749

Senior Capital Markets Business Analyst with derivatives ( IR Swaps, FX options (FXO), IR options (Cap / floor)) and trade Lifecyle process experience to work with one of our major banking clients-

Location Address : Hybrid (1-2 days per week) - Toronto

Contract Duration : 12 / 09 / to 06 / 6 / (High Chance of Extension)

Schedule Hours : 9am-5pm Monday-Friday; standard 37.5hrs / week

Story Behind the Need :

• Business group : Rates Derivatives Technology Group
• This group deals with majority of rates and the main products include interest rates swaps and options (Swaptions), Callable, Cap / Floor options.
• Projects : Mexico Margin Common changes for BANX regulation -The candidate will be working on an ongoing project helping Mexico group meet their regulatory options mainly focused on initial margin.

Typical Day in Role :

• Gather and understand requirements from our Mexico business and technology groups.
• Design and build / improve new / existing processes.
• Co-ordinate with local (Toronto) development teams to ensure work is delivered on time.
• Liaise with Mexico technology and business stakeholders to ensure deliverable meets their requirements.
• Provide reporting to management on progress, raise concerns and suggest improvements to existing processes.
• Leading the efforts from Toronto office and will be responsible for their own work and certain element of creative control over the solution.

Must Have Skills :

• 10+ years of experience as a business analyst
• Good understanding and knowledge of derivatives, in particular financial aspects such as risk management / systems, P&L analysis, VaR.

MtM. Products include IR Swaps, FX options (FXO), IR options (Cap / floor)

• Good understanding of derivatives trade lifecycle management including trade reconciliation, fixing and confirmations / settlements.
• 5+ years of experience working with technology applications that supported derivatives trade lifecycle processes, including both in-house and vendor solutions (e.

g. Calypso, Murex, ION).

Nice-To-Have Skills :

• Understanding of initial margin fundamentals and knowledge
• Experience with Kafka streaming architecture, or any data lake architecture is a bonus

Education & Certificates :

• STEM degree (e.g. Computer Science, Engineering, or Physical Sciences degree),
• Candidates qualified in CFA would be preferred.

Best VS. Average Candidate :

• The best candidate will not only understand the specific need but also how these fits into the larger picture and if any related changes need to be made
• Having a holistic mindset system that they have supported in their previous organizations.
• 8+ years of Experience with communications with front (FO), middle (MO) and back office (BO) stakeholders.

Interview schedule :

1st round In person preferred, virtual optional - HM 30 mins (Must have skills / work experience / technical aspects and soft skills)

2nd round may depend (specific to financial knowledge)

• In person preferred on Wednesday and Friday
5 hours ago