At a Glance
- Tasks: Draft and confirm OTC derivative transitions while collaborating with top financial institutions.
- Company: Join Delta Capita, a leader in financial services and technology innovation.
- Benefits: Enjoy hybrid working options, competitive salary, and a supportive work environment.
- Why this job: Make an impact in the finance world with cutting-edge projects and expert teams.
- Qualifications: Knowledge of ISDA definitions and experience in drafting OTC Equity Structured Products required.
- Other info: Permanent position with excellent career growth opportunities in a dynamic team.
The predicted salary is between 36000 - 60000 £ per year.
This is a great opportunity to join Delta Capita’s OTCMS Managed Service Business working with some of the world’s leading financial institutions. The OTCMS 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.
Requirements
- 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.
- Able to review and negotiate Equity Master Confirmation Agreements.
This is a permanent, full-time position located in London with hybrid working options (or remote within the UK). As the selection and interview process is ongoing, please submit your application in English as soon as possible. For this role a valid working permit for the UK is mandatory. Working Hours: 1:00 PM – 10:00 PM UK time (aligned to US market coverage).
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
OTC Equity Drafter AVP/VP - London employer: Delta Capita
Contact Detail:
Delta Capita Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land OTC Equity Drafter AVP/VP - London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common questions. We recommend having a few examples ready that showcase your skills and experience, especially those related to OTC Equity drafting. Confidence is key, so practice makes perfect!
✨Follow Up
After your interview, don’t forget to send a thank-you email! It shows your appreciation and keeps you fresh in their minds. We suggest mentioning something specific from the interview to make it personal and memorable.
✨Apply Through Our Website
Make sure to apply directly through our website for the best chance of getting noticed. We keep an eye on applications that come through there, and it shows you’re genuinely interested in joining our team at Delta Capita!
We think you need these skills to ace OTC Equity Drafter AVP/VP - London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the OTC Equity Drafter role. Highlight your experience with ISDA definitions and structured products, as these are key for us. We want to see how your skills match what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a perfect fit. We love seeing genuine enthusiasm for the work we do at Delta Capita.
Be Clear and Concise: When filling out your application, keep your language clear and to the point. We appreciate straightforward communication, especially when it comes to complex topics like trade confirmations and documentation.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to navigate!
How to prepare for a job interview at Delta Capita
✨Know Your ISDA Definitions
Make sure you brush up on the 2002 and 2006 ISDA Equity and Swap Definitions. Being able to discuss these confidently will show that you have the necessary expertise for the role and can handle the complexities of OTC derivatives.
✨Showcase Your Drafting Skills
Prepare examples of your previous work in drafting and reviewing OTC Equity Structured Products. Be ready to discuss specific products like Conditional Variance Swaps or Phoenix Autocalls, as this will demonstrate your hands-on experience and understanding of the market.
✨Collaboration is Key
Highlight your ability to collaborate with various stakeholders, such as Sales, Trading, and Legal teams. Share examples of how you've resolved urgent issues or clarified points on trade confirmations, as this will illustrate your teamwork and problem-solving skills.
✨Be Ready for Strategic Discussions
Think about how you can contribute to strategic projects aimed at driving efficiency and enhancing controls. Prepare to discuss any past experiences where you've implemented improvements or innovations in your previous roles, as this will show your proactive approach.