Derivative Operations Associate

Chicago, Illinois • $70,000-$100,000

About the Company:             

Our client is a global investment and advisory firm with more than $300 Billion AUM.

 

Responsibilities:

  • Confirm trade and lifecycle cash flows with broker dealers for Over-The-Counter and Exchange Traded Derivatives including FX, Options, Swaps, and Futures
  • Ensure trades are accurately transmitted to third parties, including clients, custodians, and fund administrators as well as monitor and facilitate settlement across all products
  • Manage the daily margin process with various clearing merchants
  • Assist in the configuration and issue resolution across multiple order execution platforms and CCPs, including Bloomberg, Trade Web, CME, LCH, and ICE
  • Engage directly with trading teams in the onboarding of new products and trading platforms
  • Communicate professionally with brokers dealers and custodians while seeking opportunities to expand business relationships
  • Participate in department and firm-wide projects aimed to increase efficiency and minimize risk including working directly with system’s vendors and information technology
  • Assist in the development and documentation of procedures and controls within the business unit

 

 Requirements:

  • Bachelor’s degree
  • Minimum of 3-7 years of experience in an operational role within financial services
  • Broad knowledge of derivative structures and cash flow mechanics
  • Must have familiarity with counterparty risk mitigation through daily margin and collateral management

 

 

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