Capital Markets Derivatives Operations Analyst

Regions Bank • Atlanta, GA

3d

About The Position

At Regions, the Capital Markets Derivatives Operations Analyst supports the Interest Rate and Commodity Derivatives trading desk within the Capital Markets business. The analyst handles valuation control and ensures the integrity of positions feeding the firms balance sheet. Key deliverables for the Derivatives Middle Office include Risk and Profit/Loss (P/L) reporting, as well as Independent Price Verification (IPV) and Collateral Management. The team works in tandem with key partner groups such as the Front Office, Back Office, Risk Management and Technology.

Requirements

• Bachelor's degree in Finance, Accounting, Economics or a related field
• Five (5) years work experience in banking, finance, risk management, capital markets, accounting, systems development, or interest rate derivatives
• Ability to thrive in a fast-paced trading environment
• Advanced Microsoft Office skills
• Experience working with vendor supported applications
• Strong analytical skills
• Strong customer service, verbal, and written communication skill

Nice To Haves

• Experience with commodities derivatives
• Experience with collateral management processes
• Familiarity with Bloomberg and Reuters functionality

Responsibilities

• Middle Office Ensures accuracy of market data used for daily valuations
• Measures and balances P/L, positions and risk (Market Risk, Counterparty Risk, etc.) daily, researching and explaining variances
• Prepares and distributes daily positions/risk and P/L summary
• Prepares Financial Accounting Standards (FAS) 157 and associated Credit Value Adjustment analysis
• Performs weekly IPV analysis, researching and explaining exceptions
• Prepares and distributes client mark to market (MTM) statements
• Performs daily margin call process for bilateral and cleared trades
• Supports testing and build-out of analytics changes that affect interest rate and commodity derivatives; requires in-depth understanding of valuation methodology as carried out within derivatives application OpenLink
• Supports testing and development of new functionality that affects Derivatives Middle Office processes
• May a ct as a resource to junior associates, providing guidance when appropriate

Benefits

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level