Summary
Great Opportunity to Join a Thriving Global Macro Hedge Fund!
Company Information:
The Derivatives Trade Support team is responsible for the daily confirmation and settlement of fixed income, rates, credit, futures, FX, and other OTC derivative products. The team is actively engaged with the firm’s Front Office, Back Office, Compliance, and Technology teams to manage operational risks. The team also works very closely with the firm’s trading and clearing counterparties.
Job Description:
- Confirm daily trade activity and manage exceptions in various products such as bonds, repos, interest rate swaps, credit, FX, futures, options, and other OTC derivatives
- Verification and reconciliation of all positions to our prime brokers/FCMs and trading counterparties
- Work with our Portfolio Managers, Traders, and external trading counterparties and prime brokers/FCMs to resolve trade related issues in a timely fashion
- Help monitor and reduce foreign currency exposure through the execution of FX transactions
- Assist in responding to ad hoc queries from internal and external clients
- Participate in the onboarding process for new PM Teams including account setup, platform training and third-party connectivity
- Help push for continuous improvement of the team’s processes via automation and/or identifying opportunities for increased efficiency and/or control
Requirements / Qualifications:
- Degree in Accounting, Business, Economics, Mathematics or related field
- 2-5 years of experience in the Middle Office Operations function of a financial institution
- Knowledge of fixed income and derivatives products with a preference towards rates and credit
- Superior problem solving and analytical skills
- Strong work ethic, self-motivated, confident
- Excellent communication and interpersonal skills
- Ability to multi-task and adapt to a changing environment
- High attention to detail aimed at delivering a product that meets our best-in-class standards
- A self-starter who can work independently
- Proficiency in Microsoft Office, particularly Excel
- A basic understanding of VBA is helpful but not required
