Role: OTC Equity Drafter
Location: New York
Employment Type: Permanent
Salary Range: $100,000 - $155,000 (dependent on experience)
This role will be part of the OTC Equity Structured drafting team, supporting our investment banking client.
Job Description - Risk mitigate and confirm OTC derivative transitions with both internal and external clients via paper or electronic confirmation process.
- Deal with trade confirmation language and economic breaks.
- Collaborate with counterparties - resolving urgent issues, clarification of issues or drafting points on outstanding trade confirmations.
- Draft ad-hoc confirmations in conjunction with Legal.
- Create templates if necessary, seeking Sales, Trading and Legal approvals.
- Deliver strategic projects to drive efficiency and enhanced controls.
- Manage other tasks assigned as demand dictates.
Skills and Experience Required- Extensive knowledge of the 2002 and 2006 ISDA Equity and Swap Definitions.
- Experience in drafting and reviewing OTC Equity Structured Products. Such products include Conditional Variance Swaps, Phoneix Autocalls, Swap Strategies and Worst/Best of Strategies.
This is a permanent, full-time position located in New York with hybrid working. As the selection and interview process is ongoing, please submit your application in English as soon as possible, if your profile is selected, a member of our team will contact you within 4 weeks. For this role a valid working permit for the US is mandatory.
Expectations regarding hybrid working: As we are a Service Provider and Consulting firm servicing clients, our policy for physically working from the office (which may be the clients' offices or our own offices depending on the client) aligns to what our clients' policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly this is also the minimum expectation that Delta Capita require.
