Senior OTC Derivatives Manager

Employer
Brightwater
Location
Dublin, Ireland
Salary
85,000 - 90,000
Posted
Jun 16, 2017
Closes
Jun 21, 2017
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors

Senior OTC Derivatives Manager

About this Senior OTC Derivatives Specialist Job: 
A challenging and exciting role in a growing industry, the OTC Pricing team is responsible for performing valuations and completing an Independent Price Verification of Interest Rate, FX, Credit, Volatility, Commodity derivatives and hard to price securities for clients globally. This role provides a unique opportunity to work closely with a wide range of derivative instruments traded by hedge funds. This is a senior role within the group with responsibility for the efficient running of the team and delivering excellent client service. 

Main Job Functions of this Senior OTC Derivatives Specialist Job
• Negotiate and monitor compliance of SLAs with clients and/or other offices 
• Liaise and collaborate with various other departments such as Fund Accounting, Reconciliations, Client Integration, Market Data, Application Support, other local/global senior management 
• Represent the business competently to external parties such as existing and potential hedge fund clients, their board of directors, Valuation Committees and their existing and potential investors 
• Review completed work, arrange training, provide guidance/support, and prepare/conduct effective performance appraisals for employees 
• Support the conversion of any new clients or migration of existing clients from other offices 
• Take a lead role in projects/systems implementations and work flows 
• Run pricing models to independently value derivatives held by our hedge fund clients 
• Analyze and compare derivative position's valuations, inputs and models. Research OTC pricing exceptions and variances. Work with clients and act as an escalation point for other team members to resolve price challenges, answer valuation questions 
• Understand current financial models in use and provide one-off modeling needs 
• Review fund Valuation Policies 
• Understand the basics of industry/accounting guidance (e.g. FAS157) and assist with incorporation into pricing processes 
• Review of client Level 3 asset valuations and methodologies 
• Research markets, conventions and reporting standards 

About You: 
• Degree Qualified (2.1 and above) in Engineering/Math/Physics/Finance/Economics from a top university 
• CFA, MBA, Master in Finance or similar designations a plus 
• Quantitative skills including basic calculus, statistics and financial math 
• Minimum of 5-7 yrs experience in a similar role 
• Must have worked in one of these fields: Derivative valuation, Risk Management, Quantitative research, Financial engineering, OTC Trading 
• Experience interacting with senior management and groups up to and including Board level 
• Prior experience of managing a team a plus 
• Should have a keen interest in financial instruments, markets, derivatives valuation, financial engineering, risk management. 
• Strong in excel, must be tech savvy - Excel VBA, SQL 
• Programming experience beneficial 
• Understanding fundamentals of risk analysis 


If you would like to know more, call John Howe on 01-6621000 or email j.howe@brightwater.ie