Senior Analyst, Derivatives Operations

. Calculate, issue, and respond to margin calls for OTC derivatives & MSFTA products .

Posted 5/15/2026full-timeBoston • Massachusetts • 🇺🇸 United StatesSenior💰 $80,000 - $150,000 per yearWebsite

Tools & technologies

PythonSQL

Key responsibilities & impact

Calculate, issue, and respond to margin calls for OTC derivatives & MSFTA products
Process collateral movements (cash and non‑cash) and lifecycle events (coupons, interest, etc.) accurately and on time
Monitor settlement and reconciliation activity, investigating and resolving failed trades, margin disputes, and valuation differences
Monitor collateral balances and eligibility schedules, ensuring usage aligns with legal agreements and internal guidelines
Support regulatory requirements related to margin and collateral (e.g., uncleared margin rules)
Act as a steward of risk and controls by maintaining strong documentation, procedures, and a focus on accuracy and quality
Identify and support front‑to‑back process improvements, including automation and system enhancements, to strengthen efficiency and controls
Serve as a subject‑matter resource and escalation point for issues raised by internal and external stakeholders, including clients, custodians, accounting agents, trading, and portfolio managers
Participate in industry working groups to assess new regulatory developments

What you’ll need

Undergraduate degree with a strong academic record
2–5 years of experience in collateral management
Strong understanding of OTC derivatives products
Experience with OTC agreements (ISDA, GMRA/MRA, etc.) a plus
Strong communication skills, high attention to detail, and an analytical, problem‑solving mindset
Comfortable working in a fast‑paced, high‑volume environment
Willingness to escalate issues and propose solutions
Technical proficiency in Excel; experience with Python and SQL preferred
Experience with Calypso Collateral, TriOptima, and Acadia a plus
Experience with agentic applications a plus

Comp & perks

retirement plan
health and wellbeing
dental, vision, and pharmacy coverage
health savings account
flexible spending accounts
commuter program
employee assistance program
life and disability insurance
adoption assistance
back-up childcare
tuition/CFA reimbursement
paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

collateral managementOTC derivativesmargin callslifecycle eventssettlementreconciliationautomationExcelPythonSQL

Soft Skills

communicationattention to detailanalytical mindsetproblem-solvingescalationsolution-orientedadaptabilitystakeholder managementaccuracyquality focus