What are the responsibilities and job description for the Financial Analyst I position at Ultimate?
Job Description
Roth Staffing is looking for a Financial Analyst I for the client (life insurance company). This is an exciting opportunity to work for a global leader in life insurance company with a strong corporate culture and competitive pay.
Job Description
Provide full operational day to day coverage to Traders and Portfolio Managers trading financial Derivatives on behalf of the firm and its entities.
Interact with colleagues, custodian banks, external parties, internal departments (Accounting, Audit, Treasury, Compliance, Law and Enterprise Risk Management-ERM) and other areas where necessary to ensure timely settlement of all cash flows associated with traded instruments.
Have full knowledge and understanding of all common OTC traded and Exchange traded derivatives including execution, clearing and associated settlement.
Review and resolve all valuation discrepancies within the stated deadlines.
Review and validate the daily collateral management process with counterparties, Risk, Accounting, Treasury, and portfolio managers to ensure all collateral activity is settled accurately and timely.
Develop full working knowledge of rules and regulations surrounding the Dodd/Frank Act requiring us to centrally clear certain types of derivatives.
Work in a team environment as well as autonomously to meet strict deadlines and effectively manage multiple priorities with minimal supervision.
Qualifications:
3-5 years derivatives experience working in investment operations/middle office role in asset management, Hedge Fund, or investment banking
College degree in finance, accounting, or similar discipline, is preferred.
Thorough understanding of Investment Operations, new concepts and regulations and technology being used, including trading workflows and typical systems involved
Thorough working knowledge of complex security types, including Bilateral OTC (IRS, Cross Currency, Equity TRS, CDS, Options), Cleared and Exchange-traded products.
Basic knowledge of Generally Accepted Accounting Principles (GAAP) and Statutory (STAT) relating to securities investments.
Working knowledge of the following systems:
Bloomberg, Calypso, Maximis, and TriResolve is preferred
CFA/CAIA/MBA beneficial, but not required.
Detailed knowledge and experience of providing full operational support to trading and Portfolio Management across all Listed and OTC Derivative instruments
With minimal supervision, must be able to work with internal and external counsel and/or senior investment professionals to resolve complex issues.
Must be able to demonstrate proficiency in performing all responsibilities by following documented processes and procedures, while exhibiting attention to detail and accuracy while showing initiative to help improve or redesign key processes.
Advanced research, problem solving, and resolution skills, including familiarity with legal documents and internal files related to securities owned.
TECHNICAL SKILLS
Must Have
Advanced Excel Skills
Basic knowledge of Generally Accepted Accounting Principles (GAAP) and Statutory (STAT) relating to securities investments.
Collateral Management
Detailed knowledge and experience of providing full operational support to trading and Portfolio Management across all Listed and OTC Derivative instruments
ePam
Thorough understanding of Investment Operations, new concepts and regulations and technology being used, including trading workflows and typical systems involved
Thorough working knowledge of complex security types, including Bilateral OTC (IRS, Cross Currency, Equity TRS, CDS, Options), Cleared and Exchange-traded products.
Nice To Have
CFA/CAIA/MBA beneficial, but not required.
Working knowledge of the following systems: Bloomberg, Calypso, Maximis, and TriResolve
We are an equal opportunity employer and make hiring decisions based on merit. Recruitment, hiring, training, and job a
To apply please email your resume to fmohammed@rothstaffing.com
Salary : $50 - $53
