London, England, United Kingdom
41 days ago
Senior Associate, Derivatives

Location

London - One Canada Square, Level 26

Business - Wealth Solutions

Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.


Job Description

Position Summary:

The Senior Associate, will be a key contributor of BWS’ growing team and will report to the Managing Director of our Risk Management team.  The role will be based in Brookfield’s London office. 

Responsibilities:

Formulating foreign exchange, interest rate and inflation hedge strategies to support BWS UK bulk annuity businesses

Executing trades and day-to-day management of portfolio of foreign exchange, interest rate and inflation derivatives

Overseeing derivative counterparty relationships and ensuring appropriate credit lines and documentation to support derivative program

Managing liquidity needs and ensuring sufficient collateral including overseeing liquidity facilities to support hedging needs

Liaising with UK M&A, investments and actuarial teams to ensure timely information flow and to support the global business

Maintaining regular reporting and communication of derivatives to senior management and various operating teams

Provide market reports and present macroeconomic views with focus on the UK and Europe

Qualifications & Requirements:

Degree in finance, accounting or related business discipline

Completed CFA or related designation, or working towards qualification an asset

Minimum 8-10 years of experience in sales and trading, structuring or buy side management of foreign exchange, rates, inflation and other derivatives

Strong understanding of derivative markets including structuring and execution of positions

Insurance sector experience and knowledge of insurance reporting requirements is an asset

Above-average proficiency with Microsoft Office tools (Excel, Power BI, VBA, Power Query); experience with SQL or other data tools is an asset

Demonstrated ability to own and improve processes

Strong communication and collaborative skills, written and oral

Self-motivated and proactive with the ability to operate independently

Organizational skills to effectively manage priorities, multi-task where necessary, work well under pressure and meet timelines

Interpersonal skills and ability to develop collaborative relationships at all levels in the organization

Judgement, critical thinking and analytical skills combined with attention to detail and thoroughness

Team-oriented with a commitment to shared success above personal accomplishment or recognition

High degree of professional ethics and integrity

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.  We are proud to create a diverse environment and be an equal opportunity employer. 

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
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