Credit Trade Support

3 days ago

Jersey City, NJ, United States Open Systems Technologies Full time
A financial firm is looking for aCredit Trade Support to join their team in Jersey City, NJ.

Pay: $40-44/hr

Responsibilities:
  • Work with Front Office, P&L, Back Office, Third party vendors, and Application Support to resolve operational and booking issues
  • Monitoroperational risk by providing proper Front Office Support and ensuring the risk of fraud is set to a minimum
  • Ensure accurate trading positions in FO system, the daily goal is to correct all discrepancies originated by system bugs, input mistakes, information loss
  • Manage real-time trade booking exceptions internally between the trading desk and sales force
  • Assist with project initiatives designed to improve and streamline existing processes
  • Mitigate risk by reconciling discrepancies between the trading desk's positions and the firm's books and records
  • Participate / assist in event processing and have a full understanding of the life cycle of a trade
  • Collaborate with technology teams on the implementation of process flow improvements and efficiencies
  • Contribute to quick resolution of trade issues by liaising with various groups including Front Office, Back Office, IT Team, P&L Controllers and Client Services
  • Liaise with other Operation functions and other infrastructure groups to support a 'one team approach'
  • Promote an efficient dialog/discussion with our internal and external partners
Qualifications:
Required
  • Attention to detail and accuracy is imperative
  • Strong academic background required
  • The successful candidate will need to demonstrate a strong desire to learn the processes and products
  • Strong interpersonal and communication skills
  • Flexibility to adapt to a new and changing environment
  • Strong sense of risk and critical thinking
  • Rigorous and very organized
  • Maintains high quality of customer service
  • Ability to effectively listen and communicate
  • Good relationship qualities, team spirit, and ability to work across teams
Preferred
  • Strong knowledge of financial markets with emphasis on Credit and/or Rates Derivatives
  • Knowledge of regulatory rules for CFTC and EMIR in relation to OTC products
  • Ability to multi-task and prioritize in a fast paced environment
  • Strong Excel/PC skills with proven ability to work with multiple systems
  • Previous experience (1 yr ) in a Derivative Middle office environment or prior experience in working with Trading/ Sales in a financial institution
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