OTC Trade Drafting and Confirmations Analyst
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Location: Zurich, Switzerland
Type: Full-time
Department: Financial Markets
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Summary
Embark on an exciting journey with us at eClerx Switzerland AG, where you’ll take centre stage initially as an OTC Trade Drafting and Confirmations Analyst within eClerx’s growing global delivery organization. Your mission? Support the OTC Operations of one of our long term, clients here in Switzerland
Responsibilities
OTC Trade Drafting & Documentation
- Draft bespoke and template-based OTC trade confirmations in line with ISDA definitions and market conventions.
- Ensure confirmation language accurately reflects trade terms agreed between counterparties, including any negotiated clauses or bespoke provisions.
- Work closely with legal and compliance teams to validate confirmation terms and ensure documentation is enforceable and compliant.
Trade Validation & Confirmation
- Verify trade economics and legal terms against front office booking systems and counterparty records.
- Issue and match confirmations via industry platforms (e.g., MarkitWire for interest rate and credit derivatives, DTCC for equity derivatives) and through manual drafting where required.
- Resolve trade discrepancies efficiently by liaising with front office, counterparties, and brokers.
Operational Risk & Controls
- Monitor outstanding confirmations to ensure timely execution within regulatory and internal deadlines.
- Maintain a robust audit trail of all drafting and confirmation activity.
- Escalate unresolved breaks or disputes promptly, highlighting potential operational or legal risks.
Regulatory & Compliance
- Ensure adherence to applicable OTC derivative regulations (e.g., EMIR, Dodd-Frank, MiFID II) and any jurisdictional requirements.
- Support reporting obligations by ensuring trade data is accurate and complete for downstream reporting.
Process Improvement & Technology
- Identify opportunities to automate OTC drafting processes and improve confirmation cycle times.
- Participate in system enhancements, template updates, and User Acceptance Testing (UAT).
Stakeholder Management
- Collaborate closely with traders, middle office, settlements, legal, and compliance teams.
- Engage professionally with counterparty operations teams to resolve breaks and expedite confirmations.
Eligibility Requirements
- Bachelor’s degree in Finance, Economics, Business, Law, or related field.
- 1–3 years of experience in OTC trade support, drafting, or confirmations within a bank, broker-dealer, or asset manager.
- Strong understanding of OTC derivative products (e.g., interest rate swaps, credit default swaps, equity derivatives, FX options).
- Working knowledge of ISDA Master Agreements, Credit Support Annexes, and ISDA definitional booklets.
- Proficiency in industry confirmation platforms (e.g., MarkitWire, DTCC DerivSERV) and MS Excel.
- Advanced Microsoft Office (e.g. Excel, Word, and Outlook)
- Automation skills (e.g. Alteryx, Python) a plus
- Languages: fluent in English. German or French a plus.
- Open to working in other front to back office functions (e.g. settlements)
- Exceptional accuracy and attention to detail in legal drafting and economic verification.
- Strong problem-solving and analytical skills.
- Ability to prioritize under tight deadlines in a high-volume environment.
- Excellent verbal and written communication skills for both internal and external stakeholders.
- Proactive and collaborative approach to issue resolution.
- Due to immigration restrictions in Switzerland we will only be able to consider applications from Swiss or EU citizens or from candidates holding a valid Swiss work permit.
About eClerx
eClerx is a leading provider of productized services, bringing together people, technology and domain expertise to amplify business results.
The firm provides business process management, automation, and analytics services to a number of Fortune 2000 enterprises, including some of the world’s leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure, and technology companies. Incorporated in 2000, eClerx is traded on both the Bombay and National Stock Exchanges of India. The firm employs more than 19,000 people across Australia, Canada, France, Germany, Switzerland, Eqypt. India, Italy, Netherlands, Peru, Philippines, Singapore, Thailand, the UK, and the USA.
eClerx is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law. We are also committed to protecting and safeguarding your personal data. Please find our policy here
