What are the responsibilities and job description for the Derivatives Analyst (OTC) position at VARITE INC?
VARITE is looking for qualified Senior Business Analyst, Derivatives SME in Houston, TX / Atlanta, GA
WHAT THE CLIENT DOES?
A global investment management firm that offers a wide range of investment solutions, including mutual funds, exchange-traded funds (ETFs), private equity, and real estate investment products.
WHAT WE DO?
Established in the Year 2000, VARITE is an award-winning minority business enterprise providing global consulting & staffing services to Fortune 1000 companies and government agencies. With 850 global consultants, VARITE is committed to delivering excellence to its customers by leveraging its global experience and expertise in providing comprehensive scientific, engineering, technical, and non-technical staff augmentation and talent acquisition services.
Job Title: Senior Business Analyst, Derivatives SME
Location: Houston, TX / Atlanta, GA (Onsite 4 days/week in the office)
Contract Duration: 6 months with possible extension
Pay Rate Range: $85.00/hr. to $95.00/hr. on W2
Work Authorization: US Citizen or Green Card only
HERE’S WHAT YOU’LL DO
Overview:
- We are seeking a highly experienced Senior Business Analyst (BA)/ Esoteric Derivative Lifecycle Specialist SME with deep expertise in derivatives to support critical business growth in QIS Swaps.
- This individual will partner with business, operations, technology, and external vendors support implementation activities and volume support.
- The role will serve as a subject matter expert for derivatives, helping ensure operational objectives are met and supported fully.
Key Responsibilities:
- Partner with business stakeholders and technology teams to ensure requirements are understood and translated into effective support solutions.
- Support testing activities, including test-case development, UAT coordination, and issue resolution.
- Serve as the primary SME for QIS Swaps and other complex/esoteric derivative products, providing end-to-end expertise across trade booking, lifecycle event management, valuations, collateral, settlements, reconciliations, and operational support.
- Partner with Portfolio Managers, Trading, Operations, Technology, Fund Accounting, Custodians, Brokers, and external vendors to support business growth, resolve operational issues, and ensure accurate and scalable processing of complex derivative transactions.
- Documentation, and implementation of business requirements, operating model enhancements, workflow improvements, and platform initiatives to support increasing QIS Swap volumes and evolving product capabilities.
- Act as an escalation point for risk-sensitive lifecycle events, trade exceptions, margin and collateral issues, valuation inquiries, and reporting impacts, while driving process controls, operational readiness, and continuous improvement across the derivatives support model.
Required Experience:
- 10-15 years of experience in financial services.
- 5-7 years of experience in derivatives and derivatives lifecycles concepts/ support.
- Strong understanding of transaction management, trade support, derivative lifecycle, collateral management, and margin processes.
- Ability to bridge business and technology teams and communicate effectively with senior stakeholders.
- Strong analytical, problem-solving, and process improvement skills.
Systems & Tools:
- Experience with one or more of the following platforms is preferred:
- Aladdin, Charles River, FCM Platforms, OTC industry tech, SSB ALPHA, MS Suite
Success Criteria:
- High-quality business and functional support.
- Identification and resolution of process gaps and implementation issues.
- Effective coordination between business, operations, technology, and vendors.
- Delivery of business solutions aligned with product events.
BENEFITS:
We offer a comprehensive benefits package designed to support the health, well-being, and financial security of our employees and their families. Eligible employees may receive:
- Health Insurance: Medical, dental, and vision coverage
- Retirement Plans: Participation in a company-sponsored retirement savings plan.
- Legal Service Plans: Offering access to attorneys for legal advice and representation.
If this opportunity interests you, please respond by clicking on EasyApply.
Know someone who would be perfect for this role? Refer to us and if they are hired, you could be eligible for our employee referral bonus! Help us grow our team with top talent from your network.
VARITE is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Salary : $85 - $95