Hedge Accounting/Derivatives Operations Manger

Position: Hedge Accounting/Derivatives Operations Manger

Location: New York City

 

About Reval

Reval is the leading derivatives risk management solution provider delivered under the Software as a Service (SaaS) model, for companies hedging Foreign Exchange, Interest Rate, Energy or Commodity risk. Designed for financial professionals by financial professionals, Reval's fully hosted web based solutions help companies follow the requirements of derivative hedge accounting (CICA 3865, FAS 133, IAS 39) and gain better controls to support Sarbanes-Oxley compliance. The benchmark for treasury best practices, Reval's products can be rapidly deployed and are easily integrated with other systems. Founded in 1999 and based in New York and London, Reval maintains a global client base of corporate treasuries, insurance companies and financial institutions that hedge with derivatives.

Reval Center (RC) provides two (2) services

 (i) RC HedgeRx Plus an outsourced version of HedgeRx . RC HedgeRx Plus has been developed to provide hedge accounting services to corporates and financial institutions that do not want to retain in house expertise and resources,

 (ii) RC – Valuations and  independent valuation service combining market data and analytics to offer fast, accurate and reliable valuations and hedge accounting for structured products.  RC Valuations has been developed to provide transparency, flexibility and expertise to Banks, Issuers, Brokers-Dealers, and Hedge Funds who need to value and account for complex and plain vanilla derivatives.

For more information, visit www.reval.com .

 

About The Position

Reval is looking for a bright, energetic Derivative Operations Manager for the Reval Center HedgeRxPlus Service

 

Responsibilities:

Responsible for the successful operation and delivery of services related to Reval Center.  Some of the daily duties would be: Allocate tasks, supervise and train local and remote Reval Center Operations staffCreate standard reports required for delivery to clientsAssist in the implementation of new HedgeRx+ clientsProvide end of month/quarter support to clientsAnalyze standard trade confirms, book hedged and hedging items into HedgeRx. Define hedge designations and run effectiveness, risk and MTM reports.

 

An excellent candidate will possess:

Finance, economics or related degree and strong mathematical skillsDerivatives knowledge and or finance/accounting background with emphasis on economic and accounting hedges (FAS 133/IAS 39/CICA 3865)Derivative Operations background.Supervisory and training skillsStrong Excel skillsDocumentation skillsThe desire to work in an intense, committed start-up environment with a talented team

 

Compensation

Reval offers a competitive base salary, full company benefits, 401K plan, vacation and personal days as well as a bonus plan.

 

Reval. Inc is an Equal Opportunity Employer and does not discriminate on the basis of race, national origin, religion, color, gender, sexual orientation, age, non-disqualifying physical or mental disability or any other basis covered by law. Employment decisions are based solely on qualifications and Product need.

Contact Information

Please apply on line at www.reval.com

For questions please e-mail Jobs@Reval.com