10 Jan
S.i. Systèmes
Toronto
Senior Capital Markets Business Analyst with derivatives experience to work with one of our major banking clients- 36488
Location Address: Hybrid (1-2 days per week) - Toronto
Contract Duration: 02/10/2025 to 07/25/2025 (High chance of extension)
Schedule Hours: 9am-5pm Monday-Friday; standard 37.5hrs/week
Story Behind the Need
- Business group: Rates Derivatives Technology Group
- This group deals with majority of rates and the main products include interest rates swaps and options (Swaptions), Callable, Cap/Floor options.
- Projects: DAS Phase 2 Implementation - integration of in house pricer rate derivative project, building and testing test finance for internal regression testing
Typical Day in Role:
- Work collaboratively with our in-house Financial Engineering team to integrate their latest novel pricer into our in-house derivatives trading application.
- Work with development on building out our new internally developed test harness to help automate regression tests.
- Design and build/improve new/existing processes.
- Co-ordinate with local (Toronto) development teams to ensure work is delivered on time.
- Provide reporting to management on progress, raise concerns and suggest improvements to existing processes.
- Leading the efforts from Toronto office and will be responsible for their own work and certain element of creative control over the solution.
Must Have Skills:
- 10+ years of experience as a business analyst
- Good understanding and knowledge of derivatives, in particular financial aspects such as derivatives pricing, P&L analysis, VaR. MtM. Products include IR Swaps, FX options (FXO), IR options (Cap/floor), Money Market tickets
- Good understanding of derivatives trade lifecycle management including trade reconciliation,
fixing and confirmations/settlements.
- 5+ years of experience working with technology applications that supported derivatives trade lifecycle processes, including both in-house and vendor solutions (e.g. Calypso, Murex, ION).
- Recent working experience with DB SQL (Sybase or MSSQL preferred)
Nice-To-Have Skills:
- Knowledge of XVA & Riskwatch
Education & Certificates:
- STEM degree (e.g. Computer Science, Engineering, or Physical Sciences degree),
- Candidates qualified in CFA would be preferred.
Best VS. Average Candidate:
- Best candidate will have in-depth knowledge on how PV for swaps/options are calculated in order to help us validate and identify issues with the new pricer.
Interview schedule:
- 1st round - In person preferred, virtual optional - HM - 30 mins (Must have skills/work experience/technical aspects and soft skills)
- 2nd round may depend (specific to financial knowledge)
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