OTC Derivatives Analyst

  • Competitive
  • Boston, MA, USA
  • Permanent, Full time
  • Wellington Management Company, LLP
  • 18 Feb 19

OTC Derivatives Analyst


Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 50 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.


  • We are seeking a strong back and middle office Operations background
  • Knowledge of Trade Communication, Settlements, Equities and Swaps are a plus.
  • Sources:  Sell side or Dealer shops (i.e. JP Morgan, Deutsche Bank, Goldman Sachs), Hedge Funds, other Asset Managers (i.e. Bain, GMO, SSGA). 
As part of the Derivatives Data group, the OTC Derivatives Analyst position will be primarily responsible for supporting the OTC settlement and post-execution lifecycle event process for all OTC derivative products. This will encompass exception based management of the trade capture workflow, lifecycle event processing, multiple daily reconciliations, and new product implementation for all OTC derivative activity across a suite of applications.  The OTC Derivatives Analyst will continually look for opportunities to create efficiencies within the aforementioned tasks through workflow and technology. The Derivatives Analyst will work daily with our Brokers and Trading and Technology teams internally to ensure timely trade capture in multiple internal systems, processing of lifecycle events (rate resets, account openings, etc.) and resolution of reconciliation issues. The OTC Derivative Analyst position will also work closely with our outsource partner, State Street IMS West.

Responsibilities Primary Responsibilities:
  • Management of outstanding trade and reconciliation breaks
  • Daily review of OTC trade communication to ensure that new trades and amendments are captured properly and subsequently communicated to State Street IMS West
  • Serve as an escalation point for resolution of trade communication and settlements queries     raised by dealers, State Street IMS West, and client agents
  • Serve as a resource for internal teams handling OTC derivative-related queries and audit requests from clients and their agents
  • Processing exceptional events that impact OTC derivatives positions, including credit events, corporate actions, and client transitions 
  • Continuously identify opportunities for improvement
The OTC Derivatives Analyst is responsible for the life cycle events monitoring & processing (settlements, corporate actions) of OTC Derivatives trades as well as collateral management. Because of the complexity and manual nature of some functions, the OTC Derivatives Analyst will continually look for opportunities to create efficiencies (automated or manual) in the processing, reporting and reconciliation of derivatives.

The successful candidate must have a Bachelor's degree and 2-4 years of relevant industry experience, preferably with derivatives. This position requires independent judgment and analysis and strong communication skills to work with the team and management. The individual must be well organized, motivated, and possess strong problem solving skills. The successful candidate will have demonstrated analytical and writing skills, effective communication skills, and a high level of attention to detail. Being a self-starter and independent thinker is a prerequisite. While the OTC Derivatives Analyst will work in a team-oriented environment, many projects will be self-directed, often under intense deadline pressures.

    OTC Derivatives Analyst

    Staff Aug - Professional

    100 Federal Street

    As an equal opportunity employer, Wellington Management considers all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at Wellington@icareerhelp.com .