Derivative Confirmations Specialist

1 month ago


New York, New York, United States Innova Solutions Full time

Innova Solutions has an immediate need for a Derivative Confirmations Specialist located in Jersey City, NJ or NYC.
Term:
1 year contract to hire
Location:
NYC or Jersey City (hybrid)

Derivatives Operation - This position is within the MSUSA Derivative Operations function as a member of the OTC portfolio operations and confirmations team. Depending on need, your specific function within Operations you may be responsible for, but not limited to
OTC Operations:
  • Responsible for drafting and signing confirmations for derivative products across all relevant asset classes (Rates, Equity, FX, Commodities.)
  • Guide junior staff in the preparation and review of confirmations for derivative transactions across multiple levels of increasing complexity.
  • Responsible for the review and verification of inbound documentation for all derivative products.
  • Act as liaison on behalf of the Derivatives Confirmation team to clients as well as numerous internal partners across the firm.
  • Interface and close communication with trading, marketing staff worldwide, and client requests regarding trade detail verification and applicable disputes.
  • Work with marketers and legal staff on preparation of confirmations for structured transactions.
  • Completion of all other daily processes relevant to the OTC portfolio operations and confirmations team.
  • Assist in certain onboarding processes for new derivatives clients initiated by Front Office Personnel
  • Assist Manager of OTC Operations with special projects.

Skills

  • 2-5 years relevant industry experience. Preference to prior experience supporting Equity Derivatives, in addition to any other OTC Derivative asset class.
  • Proficiency in transactional deal confirmation drafting and review.
  • Experience and knowledge working with the ISDA Definitions to each relevant asset class (Rates, Equity, FX, Commodities.)
  • Ability to effectively communicate to senior stakeholders at the firm, both written and verbal.
  • Organizational skill with ability to support numerous competing tasks simultaneously.
  • Required computer skills include Office specifically Word, Excel, Outlook. Ability to navigate and understand derivatives trade capture software.
  • Keen attention to detail.
  • BA/BS in Finance or Accounting.

Qualified candidates should APPLY NOW for immediate consideration Please hit APPLY to provide the required information, and we will be back in touch as soon as possible.
PAY RANGE AND
Benefits:

Pay Range :
$60/hr
Pay range offered to a successful candidate will be based on several factors, including the candidate's education, work experience, work location, specific job duties, certifications, etc.

Benefits:
Innova Solutions offers benefits( based on eligibility) that include the following:
Medical & pharmacy coverage, Dental/vision insurance, 401(k), Health saving account (HSA) and Flexible spending account (FSA), Life Insurance, Pet Insurance, Short term and Long term Disability, Accident & Critical illness coverage, Pre-paid legal & ID theft protection, Sick time, and other types of paid leaves (as required by law), Employee Assistance Program (EAP).
ABOUT INNOVA SOLUTIONS:
Founded in 1998 and headquartered in Atlanta, Georgia, Innova Solutions employs approximately 50,000 professionals worldwide and reports an annual revenue approaching $3 Billion. Through our global delivery centers across North America, Asia, and Europe, we deliver strategic technology and business transformation solutions to our clients, enabling them to operate as leaders within their fields.
Recent Recognitions:

  • One of Largest IT Consulting Staffing firms in the USA - Recognized as #4 by Staffing Industry Analysts (SIA 2022)
  • ClearlyRated Client Diamond Award Winner (2020)
  • One of the Largest Certified MBE Companies in the NMSDC Network (2022)
  • Advanced Tier Services partner with AWS and Gold with MS

Website:

https:

Innova Solutions is an Equal Opportunity Employer and prohibits any kind of unlawful discrimination and harassment. Innova Solutions is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment on the basis of race, color, religion or belief, national origin, citizenship, social or ethnic origin, sex, age, physical or mental disability, veteran status, marital status, domestic partner status, sexual orientation, or any other status protected by the statutes, rules, and regulations in the locations where it operates. If you are an individual with a disability and need a reasonable accommodation to assist with your job search or application for employment, please contact us at or

. Please indicate the specifics of the assistance needed. Innova Solutions encourages all interested and qualified candidates to apply for employment opportunities. Innova Solutions (HireGenics/Volt) does not discriminate against applicants based on citizenship status, immigration status, or national origin, in accordance with 8 U.S.C. 1324b.
The company will consider for employment qualified applicants with arrest and conviction records in a manner that complies with the San Francisco Fair Chance Ordinance, the Los Angeles Fair Chance Initiative for Hiring Ordinance, and other applicable laws.

American Cybersystems, Inc is acting as an Employment Business in relation to this vacancy.

Estimated Salary: $20 to $28 per hour based on qualifications.


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