Analyst Derivative Operations

You desire impactful work.
 

You’re RGA ready

RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

A Brief Overview

Serves as the analyst for the Derivative Settlement Group. This entails daily routine processing tasks including validation of new trades, settlement of collateral, and settlement of derivative payments. The team member is expected to be an independent thinker who manages their own projects and assists other teammates in their projects.



What you will do

• Daily collateral management
• Trade capture of all derivative trades
• Security master set up and maintenance for all derivative trades; Derivative Reporting
• Confirmation Management
• Reconciliations with dealers and accounting system
• Interest payment processing on all internal positions; Interest payment monitoring on all external positions
• Monitoring of Reasonableness of Derivative Valuations and Implementation of Valuation New Pricing and Risk Models; Providing standard risk reporting to internal managers
• Weekly and Monthly internal collateral reporting and process improvement implementation
• Market Data Maintenance; Provide suggestions for and implementation of system improvements
• Regulatory Reporting (incl. Dodd-Frank) Compliance Management; ISDA and FCM legal document management and support of changes due to regulatory updates

Qualifications

• Bachelor’s Degree in Arts/Sciences (BA/BS) in Business, Business Administration, Accounting, Finance, Math, Science, or equivalent working experience required
• 5+ Years related work experience related industry experience dealing with securities operations processes INCLUDING 3+years of global derivative processing required or
• Internship at a Financial Services Firm dealing with derivative activities required and
• 4+ Years related work experience related industry experience dealing with securities operations processes INCLUDING 3+years of global derivative processing required or
• RGA Internship required and
• 3+ Years of global derivative processing required
• 5+ Years related work experience related industry experience dealing with securities operations processes preferred
• Demonstrated Ability to deal with complex issues and solve problems both within teams and independently required
• Good communication skills (both written and verbal); Ability to work well within a team environment and participate in department projects required
• Ability to be flexible when needed, take initiative, and demonstrate accountability; Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions required
• Ability to set goals, multitask and prioritize workload; Ability to balance detail with departmental goals/ objectives. required
• Ability to work independently required
• Knowledge of derivative processing required
• Knowledge of ISDA documentation required
• Word and Excel abilities required
• Advanced Banking or Brokerage industry knowledge; Reinsurance or insurance industry knowledge preferred
• Understanding of Relational Databases preferred
• Base Knowledge of Derivative Pricing (discounted cashflows) preferred
• System Knowledge of Derivative Trade Capture System preferred
• Chartered Financial Analyst (Passed Level 2 or better) Preferred

What you can expect from RGA:

• Gain valuable knowledge from and experience with diverse, caring colleagues around the world.

• Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.

• Join the bright and creative minds of RGA, and experience vast, endless career potential.

Compensation Range:

$74,150.00 - $105,295.00 Annual

Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.

RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic