MORE ABOUT THIS JOB OPERATIONS Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.
Are you looking to for an opportunity to be part of a team that works directly with institutional clients, sales & trading desks, technology and other business partners to offer best in class client service, solve complex problems and influence change? This is a great opportunity for an analytical/client service individual to utilize their professional skills by controlling risks and driving efficiencies in a fast paced environment.
OUR IMPACT Operations is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales and trading, and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm's assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.
Within Global Market Operations, the Credit Sales & Trading Svcs team provides risk management by facilitating the intraday processing and exception management of trade breaks both internally and externally for CDS products. Various operational reconciliations are performed on trade date and post trade date to ensure successful trade flow and books and records balancing. The team also executes various projects aimed at balance sheet optimization and gaining operational efficiency.
The team works closely with team members across regional and global offices to facilitate the above functions. The team support a cross section of products ranging from highly complex structured transactions to more vanilla trades. Individuals are required to develop a strong product, industry, and technical knowledge in order to facilitate the transaction flow and to anticipate and avoid potential trade problems. This position requires a high degree of communication with traders and salespeople in a fast paced setting and ongoing interaction with other Operations teams, Compliance, Credit, and Technology to resolve issues arising from trade execution, client queries, and new business. In addition, we are looking for a strong candidate that can help to drive workflow improvement across the organization.
RESPONSIBILITIES AND QUALIFICATIONS HOW YOU WILL FULFILL YOUR POTENTIAL
Work with Client, Sales/Trading desks and other stakeholders to resolve any open questions/issues
Monitor and control operational risk throughout the trade processing life cycle on Structured and Flow Credit derivatives post trade execution.
Become a subject matter expert to mitigate risk and drive efficiencies
Manage real-time trade booking exceptions internally between the trading desk and sales force
Collaborate with our technology and business partners to enhance systems and workflows
Engage in various industry and regulatory initiatives in a constantly changing environment
Ensure that processes are continually reviewed and improved, risk is managed, and results are achieved that meet expectations for timeliness, quality and cost effectiveness within the Department.
RESPONSIBILITIES AND QUALIFICATIONS SKILLS & EXPERIENCE WE'RE LOOKING FOR
Proactive, enthusiastic, and creative approach with very high attention to detail
Ability to prioritize and multi-task in a fast-paced environment
Highly collaborative and team-focused with ability to interact effectively with a wide range of individuals
Effective problem solving and critical thinking skills along with the ability to use discretion and good judgment
Understanding of credit derivatives, including the current regulatory environment is beneficial
Candidate must be proactive, enthusiastic and team oriented
Ability to remain composed under pressure
At least 2-5 years of work experience in Finance or related field
Competency with MS Suite, especially Excel, and the ability to learn multiple programs quickly
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