Derivatives Operations Specialist
7 days ago
The Derivatives Operations Analyst (Analyst) will be responsible for supporting collateral and margin processes for Futures, Listed Options, Cleared OTC, MSFTA, and Bilateral products across the post-execution lifecycle. This includes daily margin reconciliation and instruction, processing accounting postings, and post-value control reconciliations.
Responsibilities- Daily review of margin calls from brokers and investigation of discrepancies
- Daily post-value cash reconciliations of collateral and margin movements
- Daily control reconciliations including holdings, collateral, and currency balances between our internal accounting, clearing brokers, custodians, and clearing houses
- Effective management of broker relationships
- Serving as an escalation point for client queries and issues
- Resource for internal teams handling derivative-related queries and audit requests
- Identifying opportunities for efficiency and control process improvements
- Participating in industry working groups to identify new clearing opportunities and potential challenges of regulatory changes
- Experience with back and/or middle office operations with exposure to both Cleared and Bilateral Derivatives
- Direct margin and collateral management experience a plus
- Strong communications skills, high attention to detail, and problem-solving/analytical mindset
- Track record of driving process improvements
- Ability to work independently and as part of a team
- Global team setting experience a plus
- Undergraduate degree and strong academic record
- 2-4 years of relevant industry experience preferred
We strive to pay employees fairly and competitively across all levels and roles. The estimated salary range for this position is $65,000 - $150,000, considering factors such as skill sets, role, certifications, education, and location.
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