Swaps BSA – Derivatives Technology | Total Return Swaps (TRS)
- Toronto, ON, Canada
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- English
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Original job description
Working with one of our top financial clients, this role calls for a Swaps BSA – Derivatives Technology | Total Return Swaps (TRS). This position demands a technically capable professional with strong product knowledge in OTC derivatives, particularly Basket Total Return Swaps, and the ability to translate complex business requirements into practical technical solutions. The role involves supporting trade product onboarding, customization, testing, and validation for a key initiative on the GCF Finance Desk, with potential to extend into broader risk and product optimization projects.
Responsibilities
- Support the onboarding, customization, and operationalization of Total Return Swaps (TRS) and other derivative products
- Conduct business and functional analysis to understand trading lifecycle events, lifecycle management, and risk reporting
- Assist in testing, validation, and reconciliation of P&L and risk reports, ensuring accuracy and resolution of discrepancies
- Collaborate with trading, finance, data, and technology teams to gather requirements and deliver practical technology solutions
- Analyze data from various layers, including Bronze and Silver, ensuring data supports business reporting and decision-making
- Investigate and validate data integrity using SQL, Python, Databricks, and PostgreSQL, pre-production before delivery
- Guide stakeholders through testing and onboarding processes, translating business needs into technical specifications
- Maintain independence and practical problem-solving; take ownership of issues from inception to resolution
- Support transition to additional derivative products and risk initiatives as part of ongoing product optimization
- Extensive experience with Basket Total Return Swaps and OTC derivatives products
- Strong data analysis skills, including proficient query writing in SQL and Python
- Hands-on experience working within Databricks and understanding of data ingestion and architecture
- Ability to interpret business and trading requirements, communicating effectively across technical and non-technical teams
- Solid understanding of the derivatives lifecycle, risk, P&L, and reporting discrepancies
- Demonstrated independence and practical approach to problem-solving in a fast-paced environment
- Proven track record working directly with trading and finance stakeholders on technical and operational projects
- Prior experience with client's X Trader application supporting OTC Derivatives
- Knowledge of the end-to-end lifecycle of Basket TRS and related reporting tools
- Exposure to data layers (Bronze/Silver) and data flow in capital markets environments
- Experience supporting risk and P&L reconciliation efforts at a technical or analytical level
- Previous exposure to trading desk risk initiatives and product customization
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Responsibilities
Support onboarding, customization, testing, and operationalization of Basket Total Return Swaps and other derivatives, while analyzing lifecycle events, risk reporting, and P&L discrepancies. Work with trading, finance, data, and technology teams to translate business needs into technical solutions and validate data and reports using SQL, Python, Databricks, and PostgreSQL.
Requirements
The role seeks extensive experience with Basket Total Return Swaps and OTC derivatives, strong SQL and Python skills, and hands-on experience with Databricks and data architecture. Candidates should understand derivatives lifecycle, risk, P&L, and reporting, and be able to work independently with trading and finance stakeholders.
Skills
- Basket Total Return Swaps
- OTC Derivatives
- SQL
- Python
- Databricks
- PostgreSQL
- Business Analysis
- Functional Analysis
- Data Analysis
- Risk Reporting
- P&L Reconciliation
- Data Integrity Validation
- Requirements Gathering
- Testing and Validation
- Stakeholder Communication
Visa sponsorship
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Categories
- Finance & Accounting
- Technology
- Data & Analytics
- Consulting
Keywords
- Basket Total Return Swaps
- Total Return Swaps
- OTC Derivatives
- Derivatives Technology
- GCF Finance Desk
- SQL
- Python
- Databricks
- PostgreSQL
- Bronze Data Layer
- Silver Data Layer
- Data Ingestion
- Data Architecture
- Trade Product Onboarding
- Product Customization
- Derivatives Lifecycle
- Lifecycle Management
- Risk Reporting
- P&L Reconciliation
- Data Integrity
- Business Analysis
- Functional Analysis
- Requirements Gathering
- Testing and Validation
- Trading
- Finance
- X Trader