Senior Associate, Derivatives Middle Office

Capital One • Mclean, VA

37d

About The Position

The Derivatives Middle Office team, under Capital Markets and Analytics, services the Corporate Treasury and Commercial Banking line of business through derivative trade support for products intended to provide protection against interest rate and FX exposures. The team is responsible for trade maintenance, monitoring of life cycle events and reporting in compliance with Swap Dealer regulations. An ideal candidate for the Derivatives Operations will possess financial product or Treasury/Bank Operations knowledge. Additionally, an idea candidate will be able to demonstrate solid analytical skills and excellent communication skills.

Requirements

• Bachelor's degree or Military experience
• At least 2 years of experience in Finance OR Capital Markets OR a combination

Nice To Haves

• Bachelor's degree in Business, Finance, or Economics
• 3+ years of experience in Capital Markets Operations or similar financial institution experience
• 2+ year of banking experience within treasury or middle office, or back office
• Proficient in the use of Bloomberg, Excel, SQL, and Python
• Strong problem-solving skills
• Experience with system implementation and user acceptance testing

Responsibilities

• Trade affirmation of Corporate and Commercial OTC derivative activity, including validating commercial profit & loss
• Execute daily reporting and record retention controls to ensure team adheres to Swap Dealer regulations
• Liaison with counterparties to perform portfolio reconciliation and remediate trade and valuation discrepancies
• Perform and monitor derivative clearing and settlement
• Responsible for maintaining the integrity of market data parameters in the system of record that drive model and trade valuations
• Identify opportunities for process and financial modeling efficiencies, cost reduction, and enhanced controls
• Maintain and enhance daily automation controls coded using SQL and python

Benefits

• Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.
• This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees