Senior Derivatives Specialist

Job Title: Senior Derivatives Specialist

Location: United Arab Emirates (Remote)

Employment Type: Full-Time

Work Arrangement: 100% Remote — Work From Home

Level: Senior

About the Role

We are seeking an experienced Senior Derivatives Specialist to support the analysis, administration, valuation oversight, and operational management of derivative financial instruments. This role focuses on derivatives transactions, trade lifecycle management, valuation analysis, risk monitoring, regulatory reporting coordination, and financial controls. The successful candidate will collaborate remotely with trading, treasury, investment, risk management, finance, compliance, and external counterparties to ensure accurate transaction processing, effective risk oversight, and compliance with applicable financial market requirements.

Key Responsibilities

• Manage and oversee operational activities relating to derivative instruments, including forwards, futures, options, swaps, and structured derivatives.
• Review derivative trade confirmations, transaction records, contractual terms, and supporting documentation for accuracy and completeness.
• Monitor the full derivatives trade lifecycle, including execution support, confirmation, settlement, valuation, amendments, and maturity processing.
• Coordinate trade capture, booking validation, and reconciliation activities across front-office, middle-office, and back-office systems.
• Review derivative valuations and investigate pricing discrepancies in coordination with valuation control and market risk teams.
• Monitor market data inputs, valuation assumptions, pricing parameters, and model outputs used in derivatives analysis.
• Support the calculation and review of mark-to-market exposures, realized and unrealized gains or losses, and relevant financial adjustments.
• Analyze counterparty exposures, collateral requirements, margin movements, and settlement obligations.
• Coordinate collateral management activities, including margin calls, dispute documentation, and collateral reconciliation.
• Monitor derivatives portfolio exposures and identify unusual movements, operational discrepancies, and potential control weaknesses.
• Support the reconciliation of derivative positions, cash flows, settlements, and valuation records with counterparties and internal systems.
• Review contractual documentation, including ISDA Master Agreements, Credit Support Annexes, and transaction confirmations, where applicable.
• Coordinate with legal and compliance teams on documentation requirements and contractual interpretation matters.
• Support regulatory reporting processes by validating transaction data and coordinating required submissions with authorized reporting teams.
• Monitor relevant market developments, product structures, and regulatory changes affecting derivatives operations.
• Prepare derivatives portfolio reports, valuation summaries, exposure analyses, and management dashboards.
• Support risk management teams in monitoring market, counterparty, liquidity, and operational risks associated with derivatives activities.
• Investigate failed settlements, unmatched confirmations, valuation differences, and other transaction exceptions.
• Assist with process automation, system enhancements, and improvements to derivatives trade processing workflows.
• Maintain accurate transaction records, control documentation, audit trails, and operational procedures.
• Support internal and external audits by providing transaction evidence, reconciliations, and supporting explanations.
• Provide technical guidance to junior derivatives operations and product specialists.

Qualifications and Experience

• Bachelor's degree in Finance, Economics, Mathematics, Accounting, Financial Engineering, or a related discipline.
• A master's degree or professional qualification such as CFA, FRM, or equivalent is an advantage.
• Significant experience in derivatives operations, financial markets, treasury, investment operations, or derivatives product management.
• Strong understanding of derivative instruments, including futures, options, forwards, swaps, and structured products.
• Knowledge of derivatives trade lifecycle processes, confirmation management, settlement, valuation, and reconciliation.
• Experience reviewing derivative trade documentation and contractual terms.
• Understanding of mark-to-market valuation, pricing methodologies, market data, and valuation control principles.
• Familiarity with counterparty credit risk, collateral management, margining, and exposure monitoring.
• Knowledge of financial market risk concepts, including market risk, liquidity risk, and operational risk.
• Familiarity with ISDA documentation, collateral agreements, and relevant derivatives market conventions.
• Understanding of applicable financial market regulations, transaction reporting requirements, and internal control frameworks.
• Experience with derivatives platforms, trading systems, risk management tools, and financial data applications.
• Proficiency in Microsoft Excel and financial analysis tools; knowledge of SQL, Python, or other analytical tools is an advantage.
• Strong quantitative, analytical, and problem-solving abilities.
• Excellent attention to detail and the ability to investigate complex financial discrepancies.
• Strong communication and stakeholder-management skills.
• Ability to manage multiple transactions, deadlines, and operational priorities independently in a remote environment.
• High standards of confidentiality, professional integrity, and financial accountability.

What We Offer

• A fully remote, work-from-home opportunity within the UAE employment context.
• Competitive compensation based on qualifications and relevant financial markets experience.
• Opportunities to work with complex derivative instruments and financial market operations.
• Collaboration with professionals across trading, treasury, risk management, finance, and compliance.
• Continuous professional development in derivatives products, valuation, and financial risk management.

How to Apply

Interested candidates should submit an updated CV highlighting their derivatives experience, financial markets expertise, relevant professional qualifications, and knowledge of trade lifecycle management.

Application Subject: Application – Senior Derivatives Specialist (UAE Remote)

• Candidates should confirm applicable employment arrangements, residency requirements, and work authorization before accepting an offer. This role is designed for remote derivatives analysis, transaction review, valuation oversight, reconciliation, documentation, and operational coordination. Regulated trading, investment advice, portfolio management, execution authority, formal regulatory submissions, and other activities requiring specific licensing or professional authorization must be performed by appropriately authorized personnel in the relevant jurisdiction.