OTC Equity Drafter - New York

Role:  OTC Equity Drafter

Location: New York

Employment Type: Permanent

Salary Range: $100,000 - $155,000 (dependent on experience)

This is a great opportunity to join Delta Capita’s Post Trade Services Business working with some of the world’s leading financial institutions.

The PTS business is a rapidly growing division within Delta Capita offering a comprehensive range of services to support structured product manufacturers in a variety of areas including documentation drafting, automation, client onboarding, product governance, issuance support, and post-trade lifecycle management. Our team of experts and technology are leveraged by leading structured product manufacturers to transform their businesses, delivering efficient and scalable solutions.

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.