Specialist- Derivatives

  • Full-time
  • Sub Division: Group Operations
  • Division: GCOO

Company Description

Now it’s your time to join the #1 bank in the Middle East and one of the most prestigious financial companies in the region. Shaking up the world of banking requires a lot of smarts and skill. We’re looking for the brightest and best to help us reach our goals and we’ll also help you reach yours. Your success is our success as you grow stronger in your career. Join us and leave a legacy of your own, as a pioneer in both the company and the industry.

Job Description

To ensure that all Derivatives related transactions executed by the Global Markets department are successfully matched, validated, confirmed and settled within the agreed timeframes in the appropriate systems. To ensure that all life cycle events are captured, booked and instructed accurately.  To monitor all breaks derived from the reconciliation report, to resolve them and to escalate where necessary.

 

Products handled by Derivatives team include:

  • IRS / Structured IRS
  • Asset Swaps
  • Cross Currency Swaps
  • FX Options
  • FX Structures
  • Exchange Traded Futures & Options
  • TARF / TARN
  • Total Return Swaps
  • Credit Default Swaps
  • Duel Currency Deposits
  • Commodity Options, Swaps & Spreads 
  • Equity Options
  • Swaptions
  • Cap / Floors / FRA
  • PRS
  • Private Equity
  • Margin Trading

Qualifications

Minimum Qualification

  • Bachelor’s degree in Business, Accounting or related discipline.

Minimum Experience

  • 5 years’ relevant experience in the banking sector with at least 2 years in similar positions of progressively increasing responsibilities in an Operations function.
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