The Derivative Operations team is responsible for managing the operational aspects the derivative investment and hedging strategy. This role will have responsibilities associated with derivative middle-office trade support, collateral management, settlements and affirmations, data management, investment accounting oversight, and derivative legal compliance.
This role will demand the ability to balance production and project responsibilities - Performing derivative trade lifecycle functions and maintaining relationships, as well as collateral management functions, with internal and external stakeholders while also supporting projects to drive the strategy of the department and the wider organization forward.
Daily Duties:- 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 and booking platforms, and 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.
- Depending on experience, this role may have an additional focus on FX/Swap/Option pre and post-trade activity, which includes managing FX affirmations and settlements via third-party applications such as CLS TradeMonitor and/or GTSS and Markitwire.
Additional Skills & Qualifications- Bachelor's degree (in Finance, Accounting, Business, or related field) or an equivalent combination of education and professional experience required.
- 1+ year of investment operations experience, preferred
- Knowledge of and prior experience with Derivative post-trade workflows, preferred
- Experience using MarkitWire/MTM, triResolve, Acadia, PAM/PFI, and/or GTSS, preferred
- Knowledge of fixed income accruals and option settlements a plus.
- Expert knowledge of Excel required. VBA/SQL experience a plus.
- Excellent verbal and written communication skills
- Superb work ethic, highly detail-oriented, well-organized, assertive, self-motivated, and able to effectively prioritize in a fast-paced environment.
Job Type & LocationThis is a Contract position based out of West Des Moines, IA.
Pay and BenefitsThe pay range for this position is $30.00 - $35.00/hr.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: Medical, dental & vision Critical Illness, Accident, and Hospital 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available Life Insurance (Voluntary Life & AD&D for the employee and dependents) Short and long-term disability Health Spending Account (HSA) Transportation benefits Employee Assistance Program Time Off/Leave (PTO, Vacation or Sick Leave)
Workplace TypeThis is a hybrid position in West Des Moines,IA.
Application DeadlineThis position is anticipated to close on Apr 3, 2026.
>About TEKsystems:
We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
About TEKsystems and TEKsystems Global Services We're a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We're a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We're strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We're building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com.
The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
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