Derivative Operations Analyst

Athene Employee Services - West Des Moines, IA

Full-time

West Des Moines, IA

About the position

At Athene, we are committed to excellence in our operations, particularly within the Derivative Operations team. This team plays a crucial role in managing the operational aspects of our derivative investment and hedging strategy. The position involves a variety of responsibilities that are essential for ensuring the smooth functioning of derivative middle-office trade support, settlements, affirmations, data management, investment accounting oversight, and legal compliance related to derivatives. In this role, you will collaborate closely with various departments including Derivative Portfolio Management, Derivative Trading, Legal, Treasury, and Investment Accounting. Your primary focus will be on supporting end-to-end trade processing and data management for a diverse range of derivative products. You will also engage with both foreign and domestic investment banks to manage settlements associated with derivative trade events, including margin requirements, cash management, and collateral. Data management is a key function of this role, as you will ensure the appropriate flow of data into our internal trade execution and booking platforms, as well as downstream to accounting, reporting, and other stakeholder platforms. You will be responsible for reviewing and reconciling trade bookings and legal trade documentation to ensure that trades flow correctly for confirmation or to downstream systems. Additionally, you will oversee third-party providers, analyze complex issues, and coordinate with them to resolve any arising problems. Managing legal-document trading agreements is another critical aspect of this position. You will need to understand the differences among ISDAs, CSAs, MCAs, and associated agreements across various legal entities and trading partners. Furthermore, you will be expected to develop and enhance a culture of prudent risk management within the team and the wider organization. Depending on your experience, this role may also include a focus on FX/Swap pre and post-trade activity, which involves managing FX affirmations and settlements via third-party applications such as CLS TradeMonitor and/or GTSS. This position may require you to work late on average once a week as part of the 'End of Day' trade reconciliation rotation, which typically extends until around 6 PM.

Responsibilities

• Manage operational aspects of derivative investment and hedging strategy.
• Support end-to-end trade processing and data management for various derivative products.
• Collaborate with foreign and domestic investment banks to manage settlements associated with derivative trade events.
• Perform data management functions to ensure appropriate flow of data into internal trade execution and booking platforms.
• Review and reconcile trade bookings and legal trade documentation.
• Oversee third-party providers and coordinate issue resolution.
• Manage legal-document trading agreements, understanding differences among ISDAs, CSAs, MCAs, and associated agreements.
• Develop and enhance a culture of prudent risk management within the team and organization.
• Focus on FX/Swap pre and post-trade activity, including managing FX affirmations and settlements.

Requirements

• Knowledge of and prior experience with Derivative post-trade workflows, preferred.
• Experience using MarkitWire/MTM, triResolve, Acadia, PAM/PFI, and/or GTSS, preferred.
• Expert knowledge of Excel required.
• VBA/SQL experience a plus.
• Excellent verbal and written communication skills.
• Bachelor's degree in Finance, Accounting, Business, or related field, or equivalent combination of education and professional experience required.
• 1+ year of investment operations experience, preferred.

Benefits

• Diverse and inclusive work environment
• Support for Veterans
• Equal Opportunity Employer
• Commitment to diversity and inclusion