Analyst, Derivative Operations

  • Competitive
  • Victoria, BC, Canada Victoria BC CA
  • Permanent, Full time
  • BCI
  • 04 Sep 18 2018-09-04

BCI is seeking an Analyst, Derivative Operations to join our Investment Operations department. You will be an active participant on multiple department initiatives focused around new systems implementation, regulatory reporting, central clearing, and data management.

~~BCI is seeking an Analyst, Derivative Operations to join our Investment Operations department. Working within the Derivative Operations branch, the Analyst is responsible for ensuring that the daily processing of listed and OTC instruments is correctly executed and reflects the proper positions to the exchange and external counterparties. Among other responsibilities, the Analyst is an active participant on multiple department initiatives focused around new systems implementation, regulatory reporting, central clearing, and data management.


COMPANY DESCRIPTION
BCI offers an exceptional opportunity to work at a world-class organization while living in a west coast setting. We are a significant institutional investor whose investments span the world. With $145.6 billion of managed assets, British Columbia Investment Management Corporation (BCI) is a leading provider of investment management services to British Columbia’s public sector. Our major clients are pension plans, and the work that we do helps to secure the retirements of hundreds of thousands of people. Our success depends on our high-performing employees. The people who work at BCI are committed, passionate, and approachable. They aim for continuous improvement and share BCI’s core values of accountability, transparency, integrity, and team cohesiveness. We are currently expanding our team and our skill base to equip BCI for the future.


DEPARTMENT DESCRIPTION
The Investment Operations department is made up of three branches: Trade Management (TM), Cash Operations, and Derivative Operations. These teams support trade settlement, manage daily cash flows, and administer the derivative processing and collateral management for the Corporation.


QUALIFICATIONS
Must have:
• 3+ years of progressive experience in the back/middle office of a large asset management or investment firm (Buy side preferred).
• University degree in Finance, Economics, Business or related field
• Solid knowledge and experience in Equity, Credit, FX, and Fixed Income derivative instruments
• Good knowledge and understanding of legal agreements; e.g., ISDA, CSA, long form confirmations, etc.
• Thorough understanding of data management, accounting principles, and unitized pool transactions
• Strong team player with a process improvement mindset
• Strong analytical skills and experience resolving trading and valuation discrepancies
• Effective communication and organizational skills with the ability to work efficiently and accurately within a high pressure environment
• Proven ability to prioritize multiple tasks to meet internal and external deadlines
Preferred:
• Good knowledge around derivative valuation, collateral management, and trade confirmation systems
• Experience with R, R Studio, VBA, SQL
• Experience with Bloomberg, ICE Data, and Markit
• Professional designation such as CFA, FRM, or other relevant designation


Closing Date: September 21, 2018   


To learn more about this position and apply, go to careers.bci.ca/res_joblist.html.


BCI provides employees with a productive and fast-paced work environment, competitive compensation, a performance incentive plan, four weeks of vacation, employer-funded health & wellness plans, and a defined benefit pension plan.


Our recruitment process requires that the successful candidate agrees to undergo a criminal record search, education and designation verification; to provide a declaration of no previous or current criminal status; and to comply with our corporate Code of Ethics & Professional Conduct.


Interested in joining our team and want to learn of other career opportunities with BCI? Create a profile and sign up for job alerts at careers.bci.ca.