Reinsurance Group Of America Chesterfield , MO 63005
Posted 1 week ago
Position Overview
Under supervision, serves as the associate analyst for the Derivative Settlement Group. This entails daily routine processing tasks including validation of new trades, settlement of collateral, and settlement of derivative payments. The associate is expected to be an independent thinker who manages their own projects and assists other teammates in their projects.
Responsibilities
Processes the routine day to day duties associated with the group's task list.
Daily collateral management including trade valuation, interaction with external trade counterparties, and settlement of activities
Trade capture of all derivative activity
Derivative Reporting
Confirmation Management
Reconciliations with dealers and accounting system
Interest payment processing on all external and internal positions
Monitoring of Reasonableness of Derivative Valuation
Weekly and Monthly internal collateral reporting
Regulatory Reporting (incl. Dodd-Frank) Compliance Management
ISDA and FCM legal document management
Assisting senior analysts and analysts
Maintaining regular and predictable attendance
Requirements
Required:
OR
OR
Preferred:
3+ years related work experience related industry experience dealing with securities operations processes
Reinsurance or insurance industry knowledge OR
Banking or Brokerage industry knowledge
Required:
Clear interest in deepening knowledge of derivative instruments
Demonstrated Ability to deal with complex issues and solve problems both within teams and independently
Good communication skills (both written and verbal)
Ability to be flexible when needed, take initiative, and demonstrate accountability
Ability to set goals, multitask and prioritize workload
Ability to work well within a team environment and participate in department projects
Ability to balance detail with departmental goals/ objectives.
Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions
Ability to work independently
Basic knowledge of derivative processing
Basic knowledge of ISDA documentation
Word and Excel abilities
Programming skills in SQL and/or Python or equivalent language.
Beneficial:
Understanding of Relational Databases
Base Knowledge of Derivative Pricing (discounted cashflows)
System Knowledge of Derivative Trade Capture System
Company Overview
Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global providers of life reinsurance, with offices around the world. RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, financial solutions, facultative underwriting, and product development. Our mission is to enhance our clients' prosperity by supporting their financial and risk management capabilities.
The general pay range for this position is $65K - $75K base per year. Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement and other employee benefits.
Reinsurance Group Of America