Derivates Operations Co-op (2027)

Athene West Des Moines, IA, US

What they're looking for

  • Assist with settlements, margin requirements, cash movements, and collateral activities involving domestic and international investment banks.
  • Follow established procedures and controls, escalate operational issues, and contribute to projects that improve workflows, data quality, reporting, and efficiency.
  • Proven quantitative, analytical, and problem-solving skills, with attention to detail and the ability to manage multiple priorities and meet deadlines.
  • Proficiency in Microsoft Excel, including formulas and data analysis; experience with VBA or SQL is a plus.
  • Demonstrated effective verbal and written communication skills, a collaborative approach, and a willingness to learn new financial concepts, systems, and technologies.

The full posting

Published by Athene. Original posting (opens in a new tab)

We are driven to do more. More for our customers and the financial professionals who offer our products. If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company. You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations. Purpose & Impact: Gain hands-on experience supporting Athene’s derivative investment and hedging strategies within the Derivative Operations team. The Derivative Operations team manages trade processing, collateral management, settlements, data management, investment accounting support, and legal documentation. As a Finance Co-op, you will collaborate with experienced professionals, internal teams, and external trading partners while balancing daily operational responsibilities with process improvement projects. You will also gain exposure to AI and emerging technologies, with opportunities to use approved tools to analyze information, streamline routine work, and support operational improvements. Key Deliverables: • Collaborate with Derivative Portfolio Management, Derivative Trading, Legal, Treasury, and Investment Accounting to support trade processing and data management across derivative products. • Assist with settlements, margin requirements, cash movements, and collateral activities involving domestic and international investment banks. • Review and reconcile trade bookings, transaction data, and legal documentation to identify discrepancies and support accurate processing across trading, collateral, accounting, and reporting systems. • Support third-party service provider oversight and help maintain derivative trading agreements, including ISDAs, CSAs, and MCAs, while learning how these documents support trading relationships. • Follow established procedures and controls, escalate operational issues, and contribute to projects that improve workflows, data quality, reporting, and efficiency. Through this work, you will gain exposure to cleared and bilateral derivatives, collateral management, portfolio reconciliation, futures, options, foreign exchange, swaps, and related trade lifecycle events. What You Need to Bring: • Pursuing Bachelor’s or Master’s degree in Economics, Finance, Statistics, Mathematics, Physics, Computer Science, or a related STEM field, with enrollment at an accredited college or university for the Fall 2026 term. • Available to work the full co-op term from the beginning of January through May 2027, Monday–Friday, 8:00 a.m.–5:00 p.m., with four days a week in the West Des Moines office and one day working remote. • Proven quantitative, analytical, and problem-solving skills, with attention to detail and the ability to manage multiple priorities and meet deadlines. • Proficiency in Microsoft Excel, including formulas and data analysis; experience with VBA or SQL is a plus. • Demonstrated effective verbal and written communication skills, a collaborative approach, and a willingness to learn new financial concepts, systems, and technologies. Drive. Discipline. Confidence. Focus. Commitment.  Learn more about working at Athene . Athene is a Military Friendly Employer!  Learn more about how we support our Veterans . Athene is committed to inclusion and is proud to be an Equal Opportunity Employer.  We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.

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