Role: OTC Equity Drafter
Location: New York
Employment Type: Permanent
Salary Range: $100,000 - $155,000 (dependent on experience)
This is a great opportunity to join Delta Capita’s Post Trade Services Business working with some of the world’s leading financial institutions.
The PTS business is a rapidly growing division within Delta Capita offering a comprehensive range of services to support structured product manufacturers in a variety of areas including documentation drafting, automation, client onboarding, product governance, issuance support, and post-trade lifecycle management. Our team of experts and technology are leveraged by leading structured product manufacturers to transform their businesses, delivering efficient and scalable solutions.
This role will be part of the OTC Equity Structured drafting team, supporting our investment banking client.
Job Description
Risk mitigate and confirm OTC derivative transitions with both internal and external clients via paper or electronic confirmation process.
Deal with trade confirmation language and economic breaks.
Collaborate with counterparties - resolving urgent issues, clarification of issues or drafting points on outstanding trade confirmations.
Draft ad-hoc confirmations in conjunction with Legal.
Create templates if necessary, seeking Sales, Trading and Legal approvals.
Deliver strategic projects to drive efficiency and enhanced controls.
Manage other tasks assigned as demand dictates.
Skills and Experience Required
Extensive knowledge of the 2002 and 2006 ISDA Equity and Swap Definitions.
Experience in drafting and reviewing OTC Equity Structured Products. Such products include Conditional Variance Swaps, Phoneix Autocalls, Swap Strategies and Worst/Best of Strategies.
How We Work:
Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.
This is a permanent, full-time position located in New York with hybrid working. As the selection and interview process is ongoing, please submit your application in English as soon as possible, if your profile is selected, a member of our team will contact you within 4 weeks. For this role a valid working permit for the US is mandatory.
Expectations regarding hybrid working: As we are a Service Provider and Consulting firm servicing clients, our policy for physically working from the office (which may be the clients' offices or our own offices depending on the client) aligns to what our clients' policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly this is also the minimum expectation that Delta Capita require.
Who We Are:
Delta Capita Group is a global managed services, consulting, and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualised services for financial institutions for non-differentiating services.
Our 3 offerings are:
Managed Services
Consulting & Solutions
Technology
To know more about Delta Capita and our culture click here: Working at DC - Delta Capita
Skills Required
- Extensive knowledge of the 2002 and 2006 ISDA Equity and Swap Definitions.
- Experience drafting and reviewing OTC Equity Structured Products (e.g., Conditional Variance Swaps, Phoenix Autocalls, Swap Strategies, Worst/Best of Strategies).
- Valid working permit for the US (authorization to work in the US) is mandatory.
What We Do
Delta Capita is a leading global Capital Markets consulting, managed services, and technology provider specializing in delivering solutions to financial services organisations. Its mission is to reinvent the financial services value chain by providing a Business Operating Platform-as-a-Service and mutualised managed services, helping clients reduce costs and improve process and technology by transitioning from proprietary models to mutualised services.
