Middle-office OTC Derivatives Analyst
- Toronto, ON, Canada
Pay Rate: $35.52/hr · Full-time
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Job details
- Pay
- Pay Rate: $35.52/hr
- Job type
- Full-time
- Apply by
- Experience
- Raise is an established hiring firm with over 65 years of experience.
- Posting language
- English
- Posted
Original job description
- Location: Toronto, ON - Hybrid (On-site at least 3 times a week (Tuesday-Thursday, flexible depending on business needs))
- Pay Rate: $35.52/hr
- Contract Length: 12 Months with possibility for extension
Responsibilities
- Performs day to day processing and analysis of Alternative products, including a variety of Derivatives products
- Ensure accurate and timely delivery of Reporting, and to ensure accuracy and appropriateness of accounting for performance and exposure analysis.
- Provide assistance to the other staff when help is needed
- Performs Accounting functions including control and updating the general ledger, appropriate review, analysis of profit and loss (P&L) and reconciliation break clearance.
- Monitor net cash flows for the various products.
- Calculate mark to market (MTM) for all open positions and posting to respective reporting platforms.
- Ensure compliance to Client’s Trust Agreements and relevant disclosure documents as it relates to service delivery and adherence to industry regulations and guidelines.
- Performs ad hoc request when directed by the manager
- Experience in Fund Accounting, Derivatives Administration, Fund on Funds, Hedge fund, Pension Reporting and/or Equity Funds
- Able to work independently as well as in a group environment
- Team player with strong interpersonal, organizational and communication skills
- Computer Skills: MS office, knowledge and experience with Derivatives systems and integration
- Flexibility to meet scheduled shift work
- Securities experience
- Working knowledge of GAAP
- Leadership skills
Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity.
We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.
We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodation: https://raise.jobs/accommodations/
In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at +1 800-567-9675 or hello@raiserecruiting.com
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More about this job
Responsibilities
Process and analyze alternative investments and derivatives, ensuring accurate and timely reporting, accounting, performance and exposure analysis, and compliance with trust agreements and industry guidelines. Maintain and review general ledger entries, analyze profit and loss, clear reconciliation breaks, monitor cash flows, calculate mark-to-market values, and handle ad hoc requests.
Requirements
Experience in fund accounting, derivatives administration, fund-of-funds, hedge funds, pension reporting, or equity funds is required, along with the ability to work independently and collaboratively. Candidates should have strong interpersonal, organizational, and communication skills, proficiency with Microsoft Office, and experience with derivatives systems; flexibility for scheduled shifts is also required.
Skills
- Fund Accounting
- Derivatives Administration
- Fund-of-Funds
- Hedge Funds
- Pension Reporting
- Equity Funds
- Derivatives Processing
- General Ledger
- Profit and Loss Analysis
- Reconciliation
- Cash Flow Monitoring
- Mark-to-Market Valuation
- Microsoft Office
- Derivatives Systems
- Communication
- Organization
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
Keywords
- Alternative Investments
- OTC Derivatives
- Derivatives Administration
- Fund Accounting
- Fund-of-Funds
- Hedge Funds
- Pension Reporting
- Equity Funds
- General Ledger
- Profit and Loss
- Reconciliation
- Cash Flow Monitoring
- Mark-to-Market
- Performance Analysis
- Exposure Analysis
- Trust Agreements
- Industry Regulations
- Disclosure Documents
- Microsoft Office
- Derivatives Systems
- Securities
- GAAP
- Accounting Controls
- Financial Reporting