General information
Position description
Business unit
Operations, Data & IT - Operations, Client Servicing & Reporting
Job title
Middle Office Officer F/M
Contract type
Temporary
Contract duration
12 months
Candriam Group Presentation
Candriam is a global multi-specialist asset manager and a recognized pioneer and leader in sustainable investment. For more than 25 years, Candriam has offered innovative and diversified investment solutions across many asset classes including fixed income, equities, absolute return , asset allocation and illiquid assets.
As a Responsible Employer, Equal Employment Opportunity is crucial to Candriam. We are committed to building the best global team that represents a variety of backgrounds, perspectives, and skills. We provide an inclusive work environment and support wellbeing and work-life balance.
Mission
The candidate will join the middle office derivatives team of Candriam. The team oversees the following activities:
- Post trade on OTC derivatives and ETD.
- Collateral management.
- EMIR regulation.
Responsabilities
Daily Production:
OTC derivatives processing
• Validate credit, rates and equity derivatives,
• Affirm trades on platform,
• Verify all life cycle cash flows (e.g. coupons, premiums & pay offs) and monitor settlements,
ETD post trade
• Control the result of the automated matching,
• Monitor any break,
Collateral management
• Process daily margin calls,
• Mitigate counterparty risk for OTC contracts,
• Resolve any dispute,
• Monitor settlement,
Project:
Business Pocess review:
• Understand and master all the front to back processes related to derivatives trade processing and participate in the business process review,
Business process specification:
• Interaction with business stakeholders to produce a description of the front-to-back derivative business processes.
Operation Testing:
• Support of the team during the derivatives processes testing for the new target operating model.
Parallel run:
• Support of the team during the parallel run between the old and the new target operating model.
Legacy system decommissioning:
• Support of the team to achieve timely implementation of the new system and decommissioning of the legacy system.
Profile
• Good Understanding of Front to Back trade processing & workflows
• Mastery of financial instruments focus on OTC derivatives.
• Knowledge of the Multi Management.
• Good command of Excel
• He/She is highly skilled in English, French.
Position location
Job location
Europe, France
City
Paris
Candidate criteria
Education
3. Master's Degree I / Bac+4
Minimum level of experience required
2-5 years
Languages
- French (C1 - Fluent)
- English (C1 - Fluent)