Explore a world of opportunity in AVP - ETD Futures & OTC Clearing jobs, a pivotal senior role at the intersection of financial markets, risk management, and post-trade operations. Professionals in this high-stakes career act as essential linchpins within investment banks, brokerage houses, and clearing firms, ensuring the seamless and secure execution of complex derivative transactions. This position is not merely a job; it is a critical function that upholds the integrity and stability of the financial system by managing the intricate processes that occur after a trade is executed. An Assistant Vice President (AVP) in ETD (Exchange-Traded Derivatives) Futures & OTC (Over-The-Counter) Clearing typically shoulders a broad range of responsibilities centered on the clearing and settlement lifecycle. On a daily basis, these experts manage the end-to-end clearing process for both exchange-traded futures and options and bespoke OTC derivatives. This involves confirming trade details, overseeing margin calculations and calls, and ensuring the accurate settlement of cash and collateral. A significant part of the role is client-facing, requiring professionals to act as a key point of contact for institutional clients, addressing their queries on margin, positions, and risk exposure. Furthermore, they are deeply involved in reconciliation activities, diligently matching internal trade records with those of the clearinghouse and prime brokers to identify and resolve any discrepancies promptly. Proactive risk management is paramount, as AVPs continuously monitor client portfolios for potential breaches and work to mitigate counterparty credit risk. To excel in AVP - ETD Futures & OTC Clearing jobs, a specific skill set is required. Employers typically seek candidates with a strong undergraduate degree in Finance, Economics, or a related field, with many professionals also holding advanced degrees or certifications like the CFA or FRM. Several years of direct, hands-on experience in a derivatives clearing, middle office, or prime brokerage environment is a fundamental prerequisite. Technical proficiency is non-negotiable; a deep, practical understanding of derivative products—specifically the mechanics of futures, options, and OTC swaps (including IRS and CDS)—is essential. Candidates must also possess robust knowledge of clearinghouse rules, margin methodologies (such as SPAN), and the regulatory landscape, particularly EMIR and Dodd-Frank. Beyond technical acumen, success in these jobs hinges on exceptional analytical and problem-solving skills to navigate complex operational issues, outstanding communication abilities for client interaction, and the leadership capacity to mentor junior team members and manage critical processes. For those with the right expertise, AVP - ETD Futures & OTC Clearing jobs offer a challenging and rewarding career path with significant responsibility and impact in the global financial marketplace.
