Derivatives Administrator

Our client is a leading financial services firm located in Downtown Toronto who are looking to add an administrator to their derivatives team.

Ensure accurate and timely delivery of Derivatives Reporting, and for ensuring accuracy and appropriateness of accounting for derivatives and portfolio performance.

Key Responsibilities:
* Manage back office support for the clients Derivatives portfolio.
* Including Trades Processing, Trades Settlements and Reconciliation.
* Ensure accurate and timely delivery of Derivatives Reporting, and to ensure accuracy and appropriateness of accounting for Derivatives, performance and exposure analysis.
* Accounting functions including control and updating the general ledger, appropriate review and reconciliations.
* Monitor net cash flows for derivatives.
* Calculate MTM for all open positions and posting to respective reporting platforms.
* Verify terms and details of Derivatives products including Forwards, Futures, Options and Swaps.
* Generate derivative reports for the Fund Accounting  and Custody Reporting groups.

Client Service
* Deliver quality customer service through timely and accurate report delivery.
* Participate in maintaining up to date Client Desk Operating Procedures.
* Goals for clients with prompt responses to service issues or queries in a professional manner that consistently exceeds clients' expectations.
* Maintain client’s on site reports in an organized manner (i.e. Ensure that all daily valuations are accounted for each fund, for each month)

Who we're looking for:
* Must have experience working with derivatives
* Working knowledge of GAAP.
* Canadian Securities Course.
* Fundamentally strong leadership, organizational, time management, communication and interpersonal skills.
* Derivatives Fundamental Course or enrollment in CFA program an asset.
* Accounting designation or enrollment in the CGA/CMA program is an asset.