- Will be supporting the confirmations group within the CIB operations team to assist with day-to-day operations. This team is tasked with documenting derivative trades in all asset classes.
DUTIES: • Principally responsible for drafting and verifying the accuracy and completeness of confirmations for a variety of products and business lines, including commodity derivatives, credit derivatives, equity derivatives, rates derivatives, and foreign exchange • Responsible for minimizing financial losses by identifying and resolving trade capture errors, reconciling trade activity between system of record and any trade-related documentation, and ensuring all economic terms and necessary protective and fallback clauses are confirmed • Serve as liaison with all lines of business, internal legal and compliance departments in the development or revision of confirmation templates in compliance with existing and future regulatory requirements • Responsible for supporting complex U.S. securities or over-the-counter (OTC) derivatives transactions • Continue to be aware of and aid the team's compliance with regulatory, tax-related, and asset class-specific market developments by, among other activities, attending and participating in internal and ISDA-organized working groups • Regularly seek opportunities to improve processes, controls, and procedures to improve efficiencies, deepen the team's understanding of products, and mitigate risk • Partner with the project team to develop requirements for system enhancements and assist with user acceptance testing.
TOP SKILLS: • Intermediate skills in Microsoft Office Excel • Strong knowledge and understanding of derivative products and with drafting OTC Confirmation experience required (or the best we can find)
SOFT SKILLS: • Must be detail oriented • Excellent verbal, written, and interpersonal communication skills • Effective organizational, multi-tasking, and prioritizing skills • Ability to work in a fast-paced deadline driven environment
NICE TO HAVE: • Derivatives Confirmation processing • Capital Markets Operations experience • Knowledge of OTC Derivatives or ISDA