Derivative Trade Support Specialist
: Job Details :


Derivative Trade Support Specialist

Hired By Matrix

Location: New York,NY, USA

Date: 2024-09-13T13:36:35Z

Job Description:
At-a-Glance: Are you ready to build your career by joining a global financial institution? If so, our client is hiring a Derivative Trade Support Specialist! What You'll Do:
  • Responsible for offering the first line of control for the Interest Rate Derivative Trading desk's risk and ensuring that the trade bookings are correctly reflected in both Front and Back Office systems and tie out with the Counterparty via manual and systematic reconciliation processes as well as exception management
  • Facilitate conversations with stakeholders on risks, their impact and how well they are managed in a clear, timely and structured manner
  • Being the intermediary between the Trading desk and other infrastructure groups to facilitate breaks and exception resolution as well as root cause analysis
  • Recognize and identify risk as well as their impact in day-to-day processes.
  • Utilizing strong project management skills to draw out the key issues by leveraging strong knowledge and experience to propose and implement changes in processes whilst prioritizing areas of focus.
  • Assist in managing multiple deliverables in line with team priorities
  • Depending on experience: execute and lead aspects of assurance activities (e.g., audits, continuous monitoring, closure verification) to assess risk and formulate a view on the control environment.
What You'll Bring:
  • Degree in Finance or related.
  • 3 Plus yrs work experience, preferably in a Financial Services role.
  • Financial markets experience (Interest Rate Swaps knowledge a plus).
  • Excel and Powerpoint skills (Alteryx and PowerBI a plus).
  • Self-starter with strong project management skills with the ability to organize your time and complete each task on time.
  • Strong attention to detail due to the nature of the functions which require a high degree of accuracy when dealing with trading orders/transactions.
  • Passion for self-development with intense curiosity as the willingness to learn new products is essential.
  • Adapt to new firm and industry initiatives by putting forward their own ideas in constantly changing environment.
  • A propensity towards leadership as daily deadlines are inflexible and should be organized to ensure the team meets all deadlines.
  • Share their knowledge between the Trading, Sales, Settlements and Confirmations groups.
  • Strong communication skills as you will be in constant communication with the front office, clients, and many departments within the bank.
  • Will be concise and precise by leveraging their knowledge and understanding to refine their points whilst coming across professionally.
  • Understanding of business line and key regulations relevant to coverage area.
  • Strong understanding of audit principles, methodology, tools, and processes is preferred (e.g., risk assessments, planning, testing, reporting and continuous monitoring).
  • Ability to:
    • Identify and analyze multiple data sources to create an informed point of view.
    • Ask meaningful questions, understand various viewpoints and adapt messaging accordingly.
  • Diverse product knowledge, Interest Rate knowledge in particular.
Position Type: Contract Get in Touch: We want to hear from you! If you think you'd be a good match, submit your resume and reach out to Vaishali at (862) ###-#### to learn more. Who We Are: Since 1986, Hired by Matrix, Inc., has improved our candidates' lives with exciting job opportunities that provide outstanding career advancement. Hired by Matrix offers our contract professionals competitive salaries, benefits after 60 days, and a 401k option with a company match after one year. Hired by Matrix is an Equal Opportunity Employer and proud to be certified as both a Woman-Owned Business Enterprise and a Woman-Owned Small Business. Connect with us on LinkedIn today and learn more about how HbM can change your career: Check out our Career Center: #HbM266
Apply Now!

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