Lead Derivatives Operations Analyst

This is a fully remote position, open to applicants in Pennsylvania.

📋 Description

• Take ownership of the complete collateral and margin operations for designated OTC derivative portfolios, which includes margin calls, eligibility assessments, haircuts, substitutions, settlements, and resolution of disputes.

• Manage intricate credit support agreements and assess collateral adequacy, compliance with agreement terms, operational risks, and exceptions.

• Lead the forecasting of initial margins and conduct sensitivity analyses for variation margins.

• Oversee funding and liquidity processes related to hedging service arrangements.

• Act as the primary operational liaison and escalation point for structured reinsurance counterparties.

• Supervise trade lifecycle processes, accounting entries, reconciliations, and downstream reporting in accordance with GAAP and statutory standards.

• Address operational, accounting, valuation, and reporting discrepancies through root-cause analysis and corrective measures.

• Spearhead cross-departmental projects and process enhancements aimed at fortifying controls, increasing automation, minimizing manual efforts, and boosting scalability.

• Develop, sustain, and improve SOX controls, operating procedures, and governance practices; assist with audits and remediate control deficiencies.

• Offer technical support to team members and provide advice to partners in Trading, Treasury, Accounting, Reporting, Risk, Legal, and Technology.

⛳️ Requirements

• A minimum of 5 years of experience in derivative accounting, finance, or other related fields.

• Bachelor’s degree or equivalent professional experience.

• Demonstrated ability to be innovative and embrace change.

• Strong verbal and written communication capabilities.

• Proficient analytical skills and meticulous attention to detail.

• Capability to swiftly adapt to a dynamic work environment.

🏝️ Benefits

• Clearly defined career paths and job levels.

• Opportunities for leadership development and virtual training.

• Paid time off and parental leave.

• Competitive 401K plan and employee benefits.

• Complimentary financial counseling, health coaching, and employee assistance programs.

• Tuition assistance program.

• Flexible work arrangements.

• Access to productivity and technology tools along with training.

• Eligibility for the Annual Incentive Program, which is discretionary and performance-based.

• Potential long-term incentives and sales bonuses.

• Comprehensive standard benefits package.