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.
The Sr. Associate for Derivatives Operations should have financial product or Treasury/Bank Operations knowledge. The candidate should be able to demonstrate solid analytical skills and excellent communication skills. The candidate should also have the initiatives to improve the efficiency of existing processes to support the business needs.
Major Responsibilities Include:
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
Basic Qualifications:
Bachelor's degree or Military experience
At least 1 year of experience in Capital Markets Operations or similar financial institution experience
Preferred Qualifications:
Bachelor's degree in Business, Finance, or Economics,
2+ year of banking experience within treasury function, middle office, back office
Proficient in the use of Bloomberg, Excel, SQL, Python
Strong problem-solving ability and experience with system implementation and user acceptance testing
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
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