Job Title: Associate, Operations Specialist for Global Swap Execution Facility ( SEF )
Location: New York City/Hybrid
Firm Overview:
BGC Partners is a leading global brokerage and financial technology company. BGC specializes in the brokerage of a broad range of products, including fixed income (rates and credit), foreign exchange, equities, energy and commodities, shipping, insurance, and futures. BGC also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through brands including Fenics, BGC Trader, Capitalab, Lucera, and Fenics Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Trader, GFI, Fenics, Fenics Market Data, Capitalab, and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC Partners, Inc., and/or its affiliates.
Responsibilities:
The Candidate will:
- Support multiple trading franchises for both required and permitted fixed income, equity, and forex exchange derivatives for daily trade processing, settlement, and clearing with your team on a 24 hour basis.
- Manage Ad-hoc queries and reporting.
- Process improvement: Analyze current operational processes and identify inefficiencies.
- Develop and implement new processes to streamline operations and improve productivity.
- Training and Documentation: Develop and maintain documentation and training materials for operational processes and procedures. Outcomes could include improved process consistency and adherence to standards
- Liaise with multiple businesses both inside the SEF and within the broader firm.
- Work with legal & compliance teams on Dodd Frank SEF and other regulatory topics within a complex regulatory environment.
- Implement service excellence standards, including coaching and educating SEF Operations support staff on client experience & best practices.
The ideal Candidate will:
- Have excellent team leadership skills who communicates well with peers and senior management.
- Possess excellent organizational skills.
- Know how to multitask, scale his/her team and re-prioritize team focus as trade/production issues occur throughout the day
- Help promote a truly collaborative and fun work environment working in partnership with his/her peers and colleagues.
- Have excellent product knowledge of fixed income, equity and Forex derivative settlement and clearing procedures.
- More than proficient knowledge of Title VII of the Dodd Frank Act.
Qualifications:
- Strong analytical and problem-solving skills.
- Excellent communication and presentation skills, both verbal and written.
- Experience with data analysis and visualization tools such as Excel, Tableau, Power BI, or QlikView.
- Understanding of business operations and processes, and ability to apply data insights to improve them.
- Strong organizational skills and ability to prioritize tasks.
- Knowledge of programming languages such as SQL is a plus.Knowledge of database design, SQL, and data modeling.
Educational Qualifications:
- Bachelor s degree (required); emphasis in Business, Finance and/or Mathematics preferred.
Hybrid Working - We are currently operating a hybrid model for our shared services employees (including this role). We anticipate continuing these arrangements for the foreseeable future with periodic review. Hybrid for BGC Partners across the working week, means three days office based and two days remote.
Salary: $50,000- $75,000
The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).