Summary
Seeking an Operations Associate to expand the firm’s middle office team!
Company Information:
A global alternative investment manager with over $25B in assets is expanding their middle office/trading assistant team!
Job Description:
- Process credit derivatives trades, including single name, index, index options, and index tranches of credit default swaps.
- Calculate, post, and reconcile initial/variation margin.
- Research and action cash/position breaks, ensuring internal reconciliation of proprietary systems, depositories/custodian balance.
- Communicate relevant details of events and associated elections to mitigate all potential risks and exposure inherent with the processing of corporate events.
- Contribute to initiatives focused on creating more efficient processes while reducing risk.
- Engage in the implementation of regulatory reform and clearing requirements across the over-the-counter derivative market.
- Liaise with the trading desk to effectively book and settle all security lending/financing (repo) transactions.
- Conduct T+0 trade confirmations, manage trade break resolutions with custodians/trading counterparties, and effectively handle trade fail remediations in a dynamic credit trading environment.
- Handle the lifecycle of corporate actions and proxy events across equity and fixed-income markets.
- Ensure all aspects of mandatory/voluntary, proxy, and class action events are thoroughly and accurately completed prior to deadlines.
Requirements / Qualifications:
- 1-4 years of experience
- Proactive, enthusiastic, and team-oriented.
- Ability to prioritize and make decisions in a fast-paced environment.
- Accuracy and attention to detail.
- Strong written and verbal communication skills.
- Strong analytical skills.
- Adapt to new changes and new challenges.
- Proficiency in using Microsoft Office Suite, particularly Excel, PowerPoint, and Microsoft Word.
