Derivatives Ops Co-op

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 Spring term 2026

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
Work closely with foreign and domestic investment banks to manage settlements associated with derivative trade events, margin requirements, cash management, and collateral
Perform data management functions to ensure appropriate flow of data into internal trade execution, booking platforms and collateral records, as well as downstream to accounting, reporting, and other stakeholder platforms
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
Role will have exposure to cleared and bilateral collateral, futures, portfolio reconciliation, options, FX, Swaps, and the trade events associated with each derivative activity