What are the responsibilities and job description for the OTC Derivatives Documentation Specialist position at Apexon?
Job Title: Operation analyst
Location : Salt Lake City , UT
Client : Goldman Sachs US
Experience : Recent graduate 1-2 years , 3 years max range
Must : Required Finance degree only Bachelors
for this role Only US citizen , Green card
Req ID: 4568
Job Description:
Candidate is responsible for:
• Collaborating with ISDA OTC (International Swaps and Derivatives Association, Over-the-counter) drafting team for commodity, interest rate, foreign exchange, credit, and equity derivatives
• Drafting trade documentation in line with ISDA definitions
• Utilizing term sheets and risk capture system from a cultural perspective, we look for individuals who possess the following qualities that will contribute to our success and the success of our clients:
• Entrepreneurial spirit:
We seek individuals who enjoy contributing to the growth of an organization and who show commitment to the success of their team.
• Problem-solving skills:
Individuals at our company have well-honed analytical skills coupled with business acumen to structure problems, deliver solutions, and communicate insights.
• Drive:
Our team sets ambitious goals and seeks energetic professionals, enjoy a fast pace environment, and thrive in taking on responsibility. What you’ll definitely need:
• A bachelor's degree in a relevant field
• A strong, core understanding of financial markets, derivative products, and financial markets documentation
• Experience in drafting OTC derivative trade confirmations (equity, interest rate, foreign exchange derivatives)
• A proactive mindset to mitigate risk through maintaining accuracy and consistency around term sheets, risk bookings and confirmations
• Strong communication skills to partner with internal groups (sales, trading, compliance) to execute confirmations
• The ability to design and initiate process improvements, alongside a strong understanding of template architecture
• Take responsibility for maintaining timeliness in accordance with market standards and regulatory
• Gather and analyze quantitative data to guide decision-making
Preferred Qualifications:
• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
• Excels in workig among diverse viewpoints to determine the best path forward.
• Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner.