Exotic Equity Derivative Drafter
Joslin Rowe
Joslin Rowe Offices:
London
Bell Court House
11 Blomfield Street
London
EC2M 7AY
Bell Court House
11 Blomfield Street
London
EC2M 7AY
Portal: Operations Function: Documentation
Ref. No.: 213085 Location: London - City
Contract: Full-Time PERMANENT position
Contract details: competitive
Salary: competitive
Ref. No.: 213085 Location: London - City
Contract: Full-Time PERMANENT position
Contract details: competitive
Salary: competitive
Our client, a leading US Investment Bank, are looking to recruit an Exotic Equity Derivative Drafter to work within the Equities Structured Transactional Documentation Group, which is part of the Global OTC Documentation function. The Group covers drafting bespoke and non standardized documentation, Master Confirmations, Fed tracking and MIS reporting.
Duties will include
• Drafting structured equity derivatives confirmations, query resolution, drafting and negotiating Master Confirmation Agreements while ensuring that the confirmation process follows the firm's procedural, legal, regulatory and audit compliance framework.
• Liaise with internal and external partners eg, traders, marketers, legal, credit, and counterparty/clients to accurately draft and execute confirms and/or MCA's.
• Maintain accurate records and confirmation history in our Documentation database.
• Independently resolve outstanding issues and communicate/escalate problems to Senior Management.
• Participate in industry initiatives and working groups
Candidates will need to have a thorough understanding of a range of flow and exotic products including Collars, Call/Put Spreads, Straddles, Barrier Options, Pre-paid Variable Obligation Forwards, Two-part Swaps, Cliquet Options a/k/a Accumulator Options, Index/Share Basket trades.
In addition to this it is essential that candidates are able to provide a track record of:
• Understanding of the transactional documentation processes within differing financial OTC markets.
• Technical proficiency in the documenting and understanding of Equities' products.
• Experience of interpreting, and demonstrating an understanding of, legal documentation within the ISDA Equities documentation environment.
• Excellent documentation negotiation skills.
• The ability to understand complex derivative structures and break them down into their component parts.
• Demonstration of an up-to-date awareness of industry initiatives and projects in the Equities markets, especially within ISDA
Joslin Rowe - Winner of 4 UK Recruiter Awards including Best Accountancy/Financial Recruitment Firm and Best Office Support Agency.
Joslin Rowe is a Randstad company. Joslin Rowe Associates Ltd encourages applications from individuals from all backgrounds but candidates must be able to demonstrate their ability to work in the UK. Joslin Rowe Associates Ltd is acting as an Employment Agency in relation to this vacancy.
Duties will include
• Drafting structured equity derivatives confirmations, query resolution, drafting and negotiating Master Confirmation Agreements while ensuring that the confirmation process follows the firm's procedural, legal, regulatory and audit compliance framework.
• Liaise with internal and external partners eg, traders, marketers, legal, credit, and counterparty/clients to accurately draft and execute confirms and/or MCA's.
• Maintain accurate records and confirmation history in our Documentation database.
• Independently resolve outstanding issues and communicate/escalate problems to Senior Management.
• Participate in industry initiatives and working groups
Candidates will need to have a thorough understanding of a range of flow and exotic products including Collars, Call/Put Spreads, Straddles, Barrier Options, Pre-paid Variable Obligation Forwards, Two-part Swaps, Cliquet Options a/k/a Accumulator Options, Index/Share Basket trades.
In addition to this it is essential that candidates are able to provide a track record of:
• Understanding of the transactional documentation processes within differing financial OTC markets.
• Technical proficiency in the documenting and understanding of Equities' products.
• Experience of interpreting, and demonstrating an understanding of, legal documentation within the ISDA Equities documentation environment.
• Excellent documentation negotiation skills.
• The ability to understand complex derivative structures and break them down into their component parts.
• Demonstration of an up-to-date awareness of industry initiatives and projects in the Equities markets, especially within ISDA
Joslin Rowe - Winner of 4 UK Recruiter Awards including Best Accountancy/Financial Recruitment Firm and Best Office Support Agency.
Joslin Rowe is a Randstad company. Joslin Rowe Associates Ltd encourages applications from individuals from all backgrounds but candidates must be able to demonstrate their ability to work in the UK. Joslin Rowe Associates Ltd is acting as an Employment Agency in relation to this vacancy.
