Middle-office OTC Derivatives Analyst Proficient 185610-1

essionals across London, New York, and Toronto. Working in a hybrid environment (4 days in office, 1 day remote), you will draft, review, and negotiate ISDA confirmations for OTC derivative transactions—initially focusing on equity asset classes with potential expansion into cross-asset classes—while driving operational efficiency and regulatory compliance.

Advantages
Tier-1 Capital Markets Experience: Gain exposure to a leading global transaction services desk within a major financial institution.
Hybrid Work Model: Enjoy flexibility with a structured 4-day in-office and 1-day work-from-home weekly schedule.
Global Coordination: Act as a critical information conduit between top-tier trading hubs in London, Toronto, and New York.
Comprehensive Training: Access full operational training and ongoing cross-training opportunities across derivative products and desks.

Responsibilities
•Draft and review ISDA confirmations covering plain vanilla and structured OTC derivative transactions initially covering the equity asset classes and thereafter supporting other asset classes, as necessary, and directly negotiating terms of the confirmation with counterparties
•Escalate any unusual behavior as well as any processing issues to the Team Manager in a timely manner following the BCS Escalation Policy
•Assist the Team Manager / Department Head on projects, process improvements or new business initiatives as requested
•Ensure that all documentation comply with jurisdictional regulations, ISDA and current market practice, or where there are variations, that they are acknowledged and understood by the appropriate individuals and teams
•Daily chase and follow up on all outstanding (unsigned) confirmations
•Eliminate lengthy delays in confirmation execution and escalate inevitable delays promptly and appropriately
•Be an information conduit between London, Toronto & New York Derivative Confirmations teams
•Take on ad hoc projects related to cost reduction and efficiency enhancement goals
•Participate in regular team meetings which also includes but is not limited to knowledge sharing on a specific derivative product
•Regulatory initiatives – assist Regional Management to pre-emptively adapt to evolving regulatory requirements, stay abreast of the latest developments (e.g. DFA, Clearing) and their implications to make recommendations.
•Track and govern self-identified gaps and audit comments
•Continue to develop product / market knowledge to ensure daily processes effectively mitigate operational risks
•Support colleagues during busy periods by sharing workload as applicable. This includes cross-training on other desks within the department to provide relief during absences and high-volume periods


Qualifications
Must Have Skills
•Experience drafting, reviewing, and negotiating OTC derivative confirmations
•Knowledge of equity derivative products (swaps, options, exotics)
•Strong attention to detail and ability to manage high volumes with accuracy
•Excellent written and verbal communication skills with a client-service orientation

Nice to have skills:
•CFA or relevant financial certification
•Experience with Sophis, Actiflow, or Nemo
•Python/VBA skills (for process automation or efficiency projects)
•Familiarity with regulatory frameworks such as Dodd-Frank, EMIR, or clearing requirements
•Cross-asset class confirmations experience (rates, credit, FX)

Software:
•Microsoft Office Suite/Sophis/Actiflow/Nemo/Python/VBA



Summary
This is an excellent 6-month contract opportunity for a detailed, proactive OTC derivatives professional looking to sharpen their expertise within a high-performing middle-office group. If you bring a strong foundation in ISDA confirmations, excellent stakeholder management skills, and a commitment to operational excellence, submit your application to connect with our recruiting team.

Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.