Derivative Operations Analyst

$75,000 - $90,000/Yr

Mitsubishi - Tempe, AZ

Full-time - Mid Level

Tempe, AZ

10,001+ employees

Transportation Equipment Manufacturing

About the position

The Derivative Operations Analyst at MUFG is responsible for supporting day-to-day derivative operations, ensuring accurate processing and maintenance of transactions within established timeframes and procedures. This role involves capturing new derivative transactions, confirming settlements, investigating trade breaks, and preparing reports, while also providing training and guidance to team members.

Responsibilities

• Ensure new derivative transactions and their lifecycle events are captured properly in the respective trade booking systems.
• Ensure settlements are confirmed with counterparts and processed accurately by value date.
• Investigate trade/settlement breaks and liaise with internal business partners, clients, or clearing brokers to rectify them.
• Review various data reconciliations, research mismatches, and resolve them in a timely manner.
• Prepare monthly reports and general ledger account certifications.
• Acquire and sustain solid knowledge of all systems and applications utilized, including their limitations and required workarounds.
• Serve as a resource and handle derivative related queries and audit requests.
• Understand the roles and responsibilities of different units within the bank and effectively interface with those units as required.
• Provide training and guidance to team members.
• Participate in projects or ad hoc initiatives.
• Create or update procedures.
• Develop and implement process improvement initiatives to ensure optimal operational efficiency.

Requirements

• Bachelor's degree in business or finance.
• 2-4 years of derivative operations experience covering trade capture, settlements, investigation and resolution of breaks, and client servicing.
• Strong knowledge of derivative products, including FX Options, Credit Derivatives, Listed Futures & Options, and Interest Rate Derivatives.
• Highly attentive to detail.
• Self-motivated and can work independently or as part of a team.
• Able to effectively time manage and prioritize multiple responsibilities.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• Proficient in Microsoft Excel and Word.
• Able to quickly adapt to change and work in a deadline-oriented environment.

Benefits

• Comprehensive health and wellness benefits
• Retirement plans
• Educational assistance and training programs
• Income replacement for qualified employees with disabilities
• Paid maternity and parental bonding leave
• Paid vacation, sick days, and holidays