Tuesday, 29 October 2013

Flow Swaps Trade Control

Posted by Unknown on 22:11 with No comments


  • Company

    Fusionfind LLC
  • Location

    USA-NY-New York City
  • Remuneration

    $105,000
  • Position Type

    Permanent
  • Employment type

    Full time
  • Updated

    29-Oct-2013
  • eFC Ref no

    1300025
AVP level Flow Swaps trade support
Trade Support and Control for the US Rates Swaps Desk concentrating in vanilla interest rate products.  Role requires the individual to:  Support trade validation and capture, position control and risk validation, process client allocations and amendments, monitor trade clearing status and focus on meeting real time reporting requirements to name a few.

Thoroughly analyze and process End Of Day (EOD) New Business Reconciliation and tie out between the bank’s system of record and trading desk blotter.

Additional Tasks –
  • Responsible for monitoring Clearing Trades Dashboard for direct clearing through Tradeweb and Bloomberg and process exception queues.
  • Manage ongoing trade maintenance while contributing to the implementation of improvements to the system infrastructure and control environment.
  • Actively involved in the introduction of new initiatives related to Dodd Frank regulatory reporting analysis, and Quartz development.

The associate will liaise extensively with business partners ranging from Sales/Trading, Compliance, Operations, Supervision, P&L Control, Finance and Market Risk who are located globally.
*Required Skills:  “Must” have these skills to be minimally qualified.
5+ years of applicable Trade Control experience in derivatives, specifically USD IRS Swaps, at an investment firm or bank.

It is important the candidate understand swaps, futures, and treasury products and their respective trading/hedging strategies and life-cycle events.  Have throrough understanding of Trade Capture, P&L, curve construction and risk.

Team player.  Ability to work with the Front Office and support partners to address and resolve issues.  Ability to multi-task.  Continuously maintain a control function mindset.  Extremely motivated and goal seeking with ability to work in fast pace/pressure environment.  Strong problem solving ability with willingness to grow his/her skills dynamically.  Takes initiative.

Excellent verbal and written communication/presentation skills.  Demonstrates effective time management and prioritization skills.
Expert PC skills with high proficiency using Excel.
Minimum of Bachelor of Science Degree in either of Finance, Mathematics, Accounting or Economics.

Desired Skills:
Experience with Markitwire, Clearing Houses, Real-Time-Reporting. Trioptima experience a plus.  Expert in Excel.  Strong quantitative skills.  Ability to read VBA and edit macros.

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