Derivatives Operation Analyst

We are seeking a meticulous and detail-oriented Derivatives Operation Analyst to join our team. The successful candidate will be responsible for ensuring the daily static data maintenance, pricing and workflow monitoring of the derivatives platform. This role is critical in maintaining operational efficiency and compliance with regulatory standards.

By joining our team, the successful candidate will have the opportunity to work in a dynamic and fast-paced environment that enhances their expertise in derivatives operations and financial markets. They will work alongside a team of experienced professionals, fostering a culture of learning and innovation.

Position Responsibilities

The Derivatives Operations Analyst is responsible for various static data maintenance supporting the Global Derivative Services model:

• Provide daily operations support through static data maintenance of the derivatives platform through (but not limited to): Portfolio / Business Unit Setup
  
  

Standard Settlement Instruction Setup

Holding Instrument Setup / Currency Pair Setup

Holiday Calendar Setup

• Perform end-of-day pricing for all derivative products, execute curve review and implementation for accurate system valuation calculation
• Perform varying levels of reconciliation and investigation from trade level, position, user access, price variance, etc. in accordance with internal standards where issues are escalated/resolved on a timely manner
• Generate required reports daily, weekly, monthly and quarterly as deemed by the business supported
• Troubleshoots and investigates failed workflow of the derivatives platform, and provides resolution and/or escalate issues according to internal stakeholders such as IT, MO and management
• Work within existing procedures and processes ensuring clear and concise documentation is created and maintained as such procedures and processes evolve over time
• Exercise initiative to assist department management in review and analysis of established procedures and processes, making recommendations
• Aid in the successful delivery of compliance, audit, and regulatory facilitated requirements.
• Assists in testing process improvements and projects involving Derivative Operations functions.
• Process internal ad hoc requests from various groups in a timely and efficient manner.
• Propose improvements to current processes that will increase the efficiency and effectiveness of the group.
• Contribute to the capacity and depth of Global Derivatives Services to respond to the organization’s current and future derivative demands.
  
  

Required Qualifications

• College / University graduate (preferably Math, Business, Finance or related fields) with minimum 2 to 3 years’ work experience in Banking, Finance and/or Investments field
• Operational experience in functions related to Investments / Market Operations such as reconciliations, settlements, static data maintenance
• Basic knowledge of financial markets and the language and terminology used in Investment Management
• Hybrid Work Arrangement: Amenability and readiness to work onsite and from home anytime (dependent on business need AND/OR current external environment/situation) and must be willing to work on a mid-shift schedule
  
  

Preferred Qualifications

• Knowledge and exposure to derivative products such as Swaps, FX, Options, Futures and Forwards
• Knowledge and understanding of trade life cycle and varying levels of reconciliation
• Computer literate with proficiency in Microsoft Office applications, intermediate to advanced knowledge in MS Office macros is a plus
• Highly trainable and ability to work independently with minimal guidance and supervision.
• Solid organizational skills and a high degree of professionalism combined with the ability to readily adapt to rapidly changing environments and deal with competing priorities, while maintaining accuracy and thoroughness
• Demonstrated ability to work in an environment where procedures and controls are required
• High level of accuracy, and ability to analyze complex trade data and identify discrepancies.
• Proactively identify/escalate issues and develop solutions.
• Excellent English skills, both oral and written, with strong comprehension skills to effectively communicate with internal stakeholders
• Demonstrate initiative and team player
• CISI certifications, CPA/CFA designation is an advantage.
• VBA, PowerBI, PowerApps experience an advantage
• Knowledge of basic programming language/SQL and/or natural curiosity/affinity to system workflows and interdependence will be an advantage
• Knowledge in Bloomberg is an advantage
  
  

When You Join Our Team

We’ll empower you to learn and grow the career you want.

We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

As part of our global team, we’ll support you in shaping the future you want to see

About Manulife And John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

Working Arrangement

Hybrid