A financial firm is looking for a Credit 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
- Monitor operational 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 imperativeStrong academic background requiredThe successful candidate will need to demonstrate a strong desire to learn the processes and productsStrong interpersonal and communication skillsFlexibility to adapt to a new and changing environmentStrong sense of risk and critical thinkingRigorous and very organizedMaintains high quality of customer serviceAbility to effectively listen and communicateGood relationship qualities, team spirit, and ability to work across teamsPreferred
Strong knowledge of financial markets with emphasis on Credit and / or Rates DerivativesKnowledge of regulatory rules for CFTC and EMIR in relation to OTC productsAbility to multi-task and prioritize in a fast paced environmentStrong Excel / PC skills with proven ability to work with multiple systemsPrevious experience (1 yr+) in a Derivative Middle office environment or prior experience in working with Trading / Sales in a financial institution24-02173