Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

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Job Description:

At Regions, the Capital Markets Derivatives Operations Analyst supports the Interest Rate and Commodity Derivatives trading desk within the Capital Markets business. Handles valuation control and ensures the integrity of positions feeding the firms balance sheet.  Key deliverables for the Derivatives Middle Office include Risk and Profit/Loss (P/L) reporting, as well as Independent Price Verification (IPV) and Collateral Management.  The team works in tandem with key partner groups such as the Front Office, Back Office, Risk Management and Technology.

Primary Responsibilities

Middle Office

Ensures accuracy of market data used for daily valuationsMeasures and balances P/L, positions and risk (Market Risk, Counterparty Risk, etc.) daily, researching and explaining variancesPrepares and distributes daily positions/risk and P/L summaryPrepares Financial Accounting Standards (FAS) 157 and associated Credit Value Adjustment analysisPerforms weekly IPV analysis, researching and explaining exceptionsPrepares and distributes client  mark to market (MTM) statementsPerforms daily margin call process for bilateral and cleared tradesSupports testing and build-out of analytics changes that affect interest rate and commodity derivatives; requires in-depth understanding of valuation methodology as carried out within derivatives application OpenLinkSupports testing and development of new functionality that affects Derivatives Middle Office processes

This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.

Qualifications

Bachelors degree in Finance, Accounting, Economics or a related fieldThree years work experience in banking, finance, risk management, capital markets, accounting, systems development, or interest rate derivativesStrong analytical skillsExperience working with vendor supported applicationsMicrosoft Office skillsAbility to thrive in a fast-paced trading environmentStrong customer service, verbal, and written communication skills

Preferences

Experience with commodities derivativesExperience with collateral management processesFamiliarity with Bloomberg and Reuters functionality

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$66,777.70 USD

Median:

$84,110.00 USD

Incentive Pay Plans:

This role is eligible to participate in a discretionary incentive plan. Employees have the potential to receive a discretionary award based on performance against defined metrics and goals.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

Paid Vacation/Sick Time401K with Company MatchMedical, Dental and Vision BenefitsDisability BenefitsHealth Savings AccountFlexible Spending AccountLife InsuranceParental LeaveEmployee Assistance ProgramAssociate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/welcometour/benefits.rf

Location DetailsAtlanta Midtown

Location:Atlanta, Georgia

Bring Your Whole Self to Work  

   

We have a passion for creating an inclusive environment that promotes and values the differences that make each of us stand out as unique individuals and help provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where all people can do their best work and thrive is the right thing to do.

   

OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.