Derivatives Ops Co-op

Athene USA - West Des Moines, IA

Full-time - Intern

West Des Moines, IA

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Derivatives Ops Co-op at Athene is a full-time position focused on managing the operational aspects of the company's derivative investment and hedging strategy. The role involves supporting derivative middle-office trade functions, collateral management, settlements, data management, and ensuring legal compliance. The co-op will work closely with various internal teams and external stakeholders to facilitate trade processing and enhance operational efficiency.

Responsibilities

• Work closely with Derivative Portfolio Management, Derivative Trading, Legal, Treasury, and Investment Accounting to support end-to-end trade processing and data management for a variety of derivative products.
• Manage settlements associated with derivative trade events, margin requirements, cash management, and collateral with foreign and domestic investment banks.
• Perform data management functions to ensure appropriate flow of data into internal trade execution, booking platforms, and collateral records.
• Review and reconcile trade bookings and legal trade documentation to ensure trades flow correctly for confirmation or to downstream systems.
• Oversee third-party providers, analyzing complex issues, and coordinating with them to resolve any issues which arise.
• Manage legal-document trading agreements, understanding differences among ISDAs, CSAs, MCAs, and associated agreements across different legal entities and trading partners.
• Develop and enhance a culture of prudent risk management within the team and wider organization.

Requirements

• Pursuit of Bachelor's or Master's level degree in Economics, Finance, Statistics, Math, Physics, Computer Science, or other STEM majors.
• Solid quantitative, analytical and problem-solving skills.
• Expert knowledge of Excel required.
• VBA/SQL experience a plus.
• Excellent verbal and written communication skills.
• Qualified candidates must be enrolled at an accredited college or university for Fall term fall 2025.