Brazil OTC Operations is seeking an Operations Analyst to support the end-to-end lifecycle of OTC derivatives registered with B3/CETIP, including Swaps, NDFs, Options, and COEs. The role covers trade capture and registration, confirmations, collateral, settlements, reconciliations, tax support, and issue resolution.
The successful candidate will work effectively under tight deadlines, maintain strong controls, and apply solid accounting, reconciliation, and OTC tax knowledge.
Job Responsibilities:- Trade lifecycle: Register and validate trades and lifecycle events in B3/CETIP; manage amendments, cancellations, resets, fixings, exercises, and maturities across internal systems.
- Confirmations: Issue and track confirmations for vanilla and exotic FICC products; draft and review CGD confirmations against agreed standards.
- Settlements: Process settlements, monitor exceptions and fails, resolve aged items, and escalate operational risks.
- Reconciliations: Perform daily cash, position, and trade-versus-registration reconciliations; investigate breaks and resolve root causes.
- Nostro and GL: Execute Nostro and GL reconciliations, investigate variances, coordinate remediation, maintain audit trails, and support period-end reporting.
- Tax support: Support OTC tax calculations and withholding tax processing; investigate tax breaks and coordinate with Tax, Finance, and Control teams.
- Controls and improvement: Track KPIs, breaks, fails, and aging; provide management reporting and support process improvements, automation, UAT, and controlled implementation.
Required qualifications, capabilities and skills:- Advanced written and spoken English.
- Familiarity with Swaps, NDFs, Options, and COEs.
- Familiarity with Brazilian market infrastructure, including B3/CETIP.
- Strong knowledge of finance, accounting, OTC taxation, and reconciliations.
- Proficiency in MS Office, especially Excel.
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