Derivatives Analyst

We are seeking a full-time permanent Derivatives Analyst to join our Finance & Operations team.

The Finance & Operations team works closely with the Investment Management, Risk & Analytics, and Accounting teams to deliver operational and transactional support.

Reporting directly to the Director, Investment Operations, the Associate, Derivatives will be required to have strong knowledge of fixed income securities and experience in derivative operations.

The duties and responsibilities of the Derivatives Analyst include, but are not limited to:

• Support the derivative and collateral management operations at RPIA.
• Manage relationships with ISDA counterparties, futures clearing merchants, swap execution facilities, and derivative service providers.
• Perform middle- and back-office derivative operations and coordinate with front-office traders to ensure accuracy and completeness of derivative systems.
• Complete daily derivative cash and position reconciliations, issue margin calls, affirm OTC derivative transactions, and prepare transaction blotters.
• Analyze MTM discrepancies and escalate material valuation variances to the Portfolio Management team.
• Lead derivative-related projects including product launches, workflow design, and vendor onboarding.
• Monitor operational processes and controls, including trade processing, minimizing operational risk, and responding to internal and external inquiries.
• Maintain an ongoing collaborative working relationship with counterparties and prime brokers.
• Support ad-hoc projects in addition to day-to-day responsibilities as required.
• Support collateral and margin processes across cleared and bilateral derivatives.

Critical Competencies

• Must be analytical, detail-oriented, thorough, and able to use own initiative to solve problems
• A self-starter able to manage workload with minimal guidance.
• Strong team player, capable of working alongside colleagues to achieve team goals
• Must be Capable of managing significant deal volume in a fast-paced environment and coproducts with heavy regulatory oversight
• Strong organizational skills
• A confident communicator able to interact effectively with internal stakeholders and business partners.

Requirements

• Relevant post-secondary education and professional experience are required.
• Advanced knowledge of MS Office applications, specifically Excel, VBA, and Python scripting.
• Enrollment in CFA is strongly recommended.
• Solid understanding of fixed income securities and derivatives (CDS, IRS, OIS, futures) as well as investment concepts and strategies.
• 3–5 years of experience in investment operations preferred.
• Previous experience in Derivative Operations is required.
• Have working knowledge of Bloomberg.

Additional Information

• Position Type: Full-Time Permanent
• Work Location: Toronto
• To learn more about life at RPIA, visit https://rpia.ca/
• Read our firm’s magazine, Voices of RPIA: https://online.flippingbook.com/view/581240358/
• This is to fill an open vacancy
• Artificial Intelligence may be used as part of this recruitment initiative
• Compensation Range: $75,000 – $90,000 base salary, additional compensation may be available

RPIA is proud to be Great Place to Work Certified™. What sets us apart?

• Exceptional single and family benefits package that includes health, dental, and vision insurance plus additional Health Care Spending and Wellness credits.
• inConfidence (provided by Medavie Blue Cross via Inkblot) Employee and Family Assistance Program to support mental well-being and extends to all family members in your household.
• Opportunities for professional and personal growth through:
  • Cross-functional Mentorship Program
  • Internally curated Leadership Skills training program

RPIA is an Equal Opportunity Employer

We believe in the power of diversity of thought, and we aspire to have an inclusive workplace that mirrors the fabric of our community. We strongly encourage applications regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status. We are committed to providing an accessible and equitable application and hiring process and will make accommodations should you require it at any point. We encourage you to connect with us at [email protected] if you require accommodation during the recruitment process.

Our culture is defined by our six core values: Client-First, Innovation, Excellence, Partnership, Integrity, and Giving back. Our clients often say the outstanding service we deliver is as important to them as the returns we achieve for them. With over 120 employees and approximately $21 billion in assets under management for a broad investor base of institutions and private clients, we proudly remain privately owned by employees who invest alongside our clients.