300 - Derivatives, Srassc-1 Jobs

Summary

Candidate will be responsible for accurately administering domestic and foreign derivatives, including but not limited to swaps and options. This individual resolves data quality issues through interaction with other internal and external parties. The individual acts as a second level resource within assigned business unit to support transactions in accordance to established procedures. This individual performs various daily tasks within the business unit as necessary to support routines. Assists junior staff members with other related duties as required. Reviews work of junior team members for accuracy and serves as a resource.

• Solid understanding of OTC swaps products is preferred.
• Administer all derivative trades in investment accounting system and OTC platform accurately and timely.
• Elevate areas of potential loss/exposure immediately and include supporting documentation.
• Support calculation, confirmation, audits and controls surrounding OTC Derivatives.
• Initiate any related incoming or outgoing payments.
• Adhere to established operating, risk, and compliance controls and standard operating procedures.
• Ability to apply industry knowledge to help other staff members
• Solid understanding of the swap life cycle is preferred.
• Knowledge of downstream effects and economic impact of the different types of derivatives
• Complete various position and payment reconciliations.
• Serves as a technical resource to Junior staff.
• Reviews and authorizes cash activity and reconciliations.

Qualifications

• Demonstrated creative problem solving skills.
• Bachelors Degree with emphasis in accounting, finance or economics preferred.
• Proven negotiation and influencing skills.
• Excellent communications skills including expressing complex ideas and concepts.
• Computer proficient including spreadsheet and database applications.
• Advanced Visual Basic and/or SharePoint experience a plus.
• Minimum 4+ years related work experience preferred.

Salary Range

$58,240 - $83,200 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job ID: R-737921