Operational Specialist
- Toronto, ON, Canada
- Greater Toronto Area, Canada, Canada
$120,000 to $200,000 USD / year · Full-time
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Job details
- Pay
- $120,000 to $200,000 USD / year
- Job type
- Full-time
- Apply by
- Posting language
- English
- Posted
Original job description
Title: OTC Derivatives Operations, Multiple Levels (Toronto)
Riva Recruiting is partnering with a leading global hedge fund that is expanding its derivatives operations team in Toronto. We’re hiring at two levels: early-career and senior.
What you’ll do
- Own the full OTC trade lifecycle: validation, affirmation, lifecycle events, settlement and reconciliation
- Cover rates, credit, equity derivatives, options and FX, plus whatever new products come next
- Manage same-day trade capture exceptions and position and cash breaks
- Help launch new products and funds
- Build workflows with automation in mind. Ideas are expected here, not just tolerated.
What you bring
- 2–5 years for one role, or 5–13 years for the other, in OTC derivatives middle or back office
- Experience on industry affirmation and matching platforms
- Strong Excel. Python, VBA or Power BI is a real plus.
- Comfort with the calculations behind the products you cover
Why this seat
- Front-row exposure to a broad, sophisticated product set
- A team where people wear multiple hats and get real stretch projects
- Investment in training and growth
- Long-tenured colleagues who actually want to build something
Comp: Up to $200K USD base + bonus, depending on level
More about this job
Responsibilities
Manage the full OTC derivatives trade lifecycle, including validation, affirmation, lifecycle events, settlement, reconciliation, and same-day trade capture exceptions. Resolve position and cash breaks, support new product and fund launches, and develop workflows with automation in mind.
Requirements
Candidates need 2–5 years of experience for the early-career role or 5–13 years for the senior role in OTC derivatives middle- or back-office operations. Experience with industry affirmation and matching platforms, strong Excel skills, and familiarity with product calculations are required; Python, VBA, or Power BI experience is an advantage.
Skills
- OTC Derivatives Operations
- Trade Lifecycle Management
- Trade Validation
- Trade Affirmation
- Lifecycle Event Processing
- Settlement
- Reconciliation
- Trade Capture
- Exception Management
- Position and Cash Break Resolution
- Rates Derivatives
- Credit Derivatives
- Equity Derivatives
- Options
- Foreign Exchange
- Excel
Benefits
- Training and Growth Opportunities
- Exposure to a Broad Product Set
- Stretch Projects
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
Keywords
- OTC Derivatives
- Derivatives Operations
- Middle Office
- Back Office
- Trade Lifecycle
- Trade Validation
- Trade Affirmation
- Affirmation and Matching Platforms
- Lifecycle Events
- Settlement
- Reconciliation
- Trade Capture
- Exception Management
- Position Breaks
- Cash Breaks
- Rates
- Credit Derivatives
- Equity Derivatives
- Options
- Foreign Exchange
- Product Launches
- Fund Launches
- Workflow Automation
- Excel
- Python
- VBA
- Power BI
- Hedge Funds