OTC Derivative Settlements Assistant Vice President
Core
Overseeing the settlement lifecycle for a wide range of OTC derivative products, including interest rate, credit, FX, and equity derivatives, ensuring accuracy, timeliness, and risk mitigation.
Role type
Senior IC OTC Derivatives Settlements Assistant Vice President
Builds
OTC derivative settlement processes and cash flow handling
Domain
Financial Services / OTC Derivatives
Deliverable
production ML models
Required skills
OTC derivatives operations, settlement mechanics, trade processing platforms (DTCC, MarkitWire, TriOptima), payment systems (SWIFT, CLS), root cause analysis, process automation, AI/ML tools
Preferred skills
Master's degree, advanced Microsoft Excel, mentoring
Technologies
DTCC, MarkitWire, TriOptima, SWIFT, CLS, AI, machine learning
Responsibilities
Lead daily settlement processing for Fixed Income and Equity Derivatives; monitor and resolve settlement nostro breaks and fails; manage cash and position reconciliations; drive process improvements and automation; provide mentorship to junior team members; partner with Technology teams on system enhancements.
Seniority
Senior, hands-on IC