OTC Analyst Job Description
OTC Analyst Duties & Responsibilities
To write an effective OTC analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included OTC analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
OTC Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for OTC Analyst
List any licenses or certifications required by the position: SAP, ITIL, PMI, APICS, MBA, AWRS
Education for OTC Analyst
Typically a job would require a certain level of education.
Employers hiring for the OTC analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Business, Finance, Accounting, Management, Administration, Business Studies, Finance/Accounting, Computer Science, Engineering, Business/Management
Skills for OTC Analyst
Desired skills for OTC analyst include:
Desired experience for OTC analyst includes:
OTC Analyst Examples
OTC Analyst Job Description
- Develop functional specifications associated with system enhancements, interfaces and forms (SAP WRICEF)
- Perform the necessary configuration to support the business requirements in SAP ECC
- Work with other business process owners, end-users and project team members to effectively implement SAP solutions on schedule
- Experience in SAP implementation/upgrade/rollout using ECC 6.0 is a plus
- Assisting in development and implementation projects which promote automation and efficiency work with IT in the development/enhancement of trade entry
- Cash collection by phone
- Transaction processing in the area of billing
- Manage the settlement of swap cash flows associated with OTC products, including unwinds, fees, resets, and premiums
- Review booking of corporate actions and dividends/coupons to ensure accurate position and p/l attribution
- Efficiently identify and resolve transaction discrepancies between client and swap counterparties
- Provide Asset Pricing Subject Matter Expertise into Change initiatives (BaU and Change led)
- Likely to have strong working experience within a Asset Pricing / Operations role in an asset management environment, preferably relating to Price Oversight or Pricing Operations
- Comfortable dealing with the Front Office, projects teams and IT Depts
- Good understanding of Front Office and Operations processes
- Working knowledge of the Investment Management industry
- Good understanding of first line support requirements of Front Office functions
OTC Analyst Job Description
- CSBs
- Trade capture of bilateral and centrally cleared OTC derivatives
- Trade capture and calculation of OTC Life cycle events such as coupon payments, credit events and expirations
- Pricing, P&L oversight and reconciliation of OTC Derivatives
- Investigation and clearing of OTC related cash breaks
- Accounting of collateral movements related to OTC derivatives and reconciliation of collateral balances
- Assisting with the onboarding of new clients and client reporting
- Provide functional knowledge and support within the Sales, Shipping, Billing and Procurement departments
- Participate in iterative development life cycle of design, development, unit/integration/regression/user acceptance testing, documentation and deployment
- Provide daily production support for the user community
- Good understanding of regulatory obligations and Corporate Governance policies
- An excellent understanding of a wide range of tradable instruments
- Understanding of how Asset Pricing affects the valuation and downstream processes
- Good understanding of benchmarks
- Working knowledge of data vendor systems, Bloomberg and FT Interactive Data
- Skills in using MS Office applications, MS Excel (advanced) and Word
OTC Analyst Job Description
- Provide inputs in promoting and implementing best-practice solutions (business processes and SAP functionality)
- Provide inputs in promoting and implementing Test Automation best-practice solutions for SAP Test Automation
- Under the direction of OTC Manager or Lead Analyst develops reports with other OTC analysts requiring a high degree of accuracy and detailed knowledge of OTC processes
- Assists and aids in the overall coordination of system upgrades
- Works in conjunction with the service desk to analyze, prioritize, and resolve work ticket requests
- Works with other team members to acquire cross functional knowledge transfer and provide backup capabilities
- Provide business process support in defining and managing master data such as customers, vendors, price lists
- Mentors, coaches, and provides knowledge transfer to less experienced functional analysts
- Engage the user community to educate, share best practices and communicate upcoming system changes
- Assure system quality by coordinating User Acceptance and Regression testing
- Advantageous to have working knowledge of BRS
- Bachelor's degree in IT discipline (13+ years of combined college education and work experience may be substituted for a degree)
- Strong IT Project Methodology experience
- Proven ability to develop complex business process models and technical requirement documentation on a global scale
- Must be able to travel either domestically or overseas 10% of the time
- Coordinate with project management on assigned projects adhering to our Project Lifecycle Methods (including Governance, Project Management, Release Management /SDLC methods) - delivering on-time, within budget
OTC Analyst Job Description
- Lead the analysis of business requirements (functional and technical) by leading information-gathering workshops
- Support updates and re-writes of Standard Operating Procedures (SOP) documentation and Business Process Procedures (BPP), add to and maintain OTC Quick Reference Guides on as needed basis
- OTC process
- Exchange reconciliation of the Commodities Account – making sure day trades, open position and P&L are accurate
- Daily checking the ETT statements of the necessary market making accounts – making sure day trades, open position and P&L are accurate
- Aid in executing ETTs entered by brokers who have traded with the Central OTC Trade Desk, CTA desk or an independent electronic trading platform
- Being able to correctly verify trade information, and execute an ETT entry into the corresponding account
- Working with other Middle Office members, Brokers, Traders, and other personnel to prevent errors, or find/correct them if they occur
- Help enforce new Compliance rules and regulations amongst the brokers and traders
- Manually checking off OTC tickets that IFM Traders card up to make sure they match the corresponding Fill Confirm Email
- Contribute to the provision of a robust, reliable and effective BI and enterprise DW platform for LS&CO
- Articulate and validate the technical and functional requirements to meet architectural guidelines and business requirements
- Develop and document data and reporting requirements for the development of new or enhanced approved systems
- Consult with and advise business partners for improvements or changes to business processes based upon enhancements or new applications
- Develop functional documentation and deliver training materials
- Leverage best practices in BI/DW solution and service delivery
OTC Analyst Job Description
- Proficient in understanding processes and identifying and solving problems while thinking outside the box
- High degree of experience in writing of comprehensive and well thought out functional documents (FD’s)
- Experience in improving business process to reduce rework on various office functions, multi-tasking between different projects
- Well versed in handling day to day production support issues
- Experience in working with developers and other business partners in designing and development of new functionality or problem resolution
- Experience in writing test scripts and assisting in User Acceptance testing (UAT)
- Work experience on small development projects is a plus
- Configuration experience and knowledge of the following areas – Plants, Access Sequence, STO, Purchasing, Inventory Management, Inter Company STO, Materials Management, Customer Master, Pricing Condition Records, Configuration for sales and distribution
- HP ALM or other incident and project tracking tool
- Knowledge of the integration between FI/CO, SD and MM
- Provide project and program leadership for EDW initiatives so that these meet or improve on project timelines, cost estimates and service levels AOP and AFP targets
- Bring new and existing best practice approaches for EDW to the organization and implement these for the continued benefit of the company
- Works with enterprise-wide business and IT senior management to understand customer issues and their environment in order to manage enterprise data warehouse solution
- Solves complex technical problems and guides team on how to implement corresponding changes
- Creates appropriate and acceptable testing methodology and criteria with the business
- Develops standards, policies and procedures for the form, structure and attributes of the business intelligence tools and systems