Job Description: Your Impact Confirmations Execution Group is looking for a highly motivated individual with excellent teamwork, organizational, communication and risk management skills. You will need to multi-task well and be able to adapt quickly to an ever-changing list of demands. The role will require extensive coordination and interaction with various Operations teams, Sales & Trading, Technology, Compliance, Legal and other professionals across the firm to mitigate risks associated with trade confirmations, trade checkouts, and support of derivative transactions.
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.
Confirmations Execution Group is a high-value risk and client facing team in Operations that across multiple asset classes, ensures the economics of our derivative transactions and the execution of confirmations and trade bookings.
Roles and Responsibilities
Build and maintain a strong Business relationship with derivative trading desks and ensure that their queries and requests are appropriately addressed
Work with the sales and trading desk to ensure trades are booked and checked out correctly in a timely manner
Coordinating with external clients to ensure timely execution of confirmations and resolve all outstanding queries on documentation.
Ensure control measures are in place and applied to support existing and new structured transactions
Ensure confirmations accurately incorporate the appropriate ISDA Definitions, Supplements and MCAs
Participate in enhancement projects with Technology and other Operations colleagues, with an aim to improving scalability and efficiency of the confirmation process
Design and initiate process improvements with thorough understanding of template architecture and system flows
Respond to an ever-evolving regulatory environment by:
Developing expertise in regulatory requirements and acting as a consultant to translate these regulatory requirements into functional requirements
Analyzing regulatory compliance data
Skills:
Bachelor’s degree with a minimum of one years of experience in financial services for Analyst role
Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail
Aptitude for building relationships and ability to communicate complex issues to a wide array of internal clients with differing levels of product experience
Self-motivated and proactive team player who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities
Excellent team player, able to work well inside a group and broadly across an organization
Proven ability to organize and prioritize own workload and drive results
Preferred Qualifications
Relevant operations experience, preferably in derivatives
Knowledge of current industry focuses and commodities
Understanding of the derivatives industry
Experience working with clients and delivering exceptional customer service
BA or BS degree is required, concentration in finance or operations a plus
Education:
Bachelor’s degree
About Us: Established in 2004, SPECTRAFORCE® is one of the largest and fastest-growing diversity-owned staffing firms in the US. The growth of our company is a direct result of our global client service delivery model that is powered by our state-of-the-art A.I. proprietary talent acquisition platform, robust ISO 9001:2015/ISO 27001 certified processes, and strong and passionate client engaged teams. We have built our business by providing talent and project-based solutions, including Contingent, Permanent, and Statement of Work (SOW) services to over 140 clients in the US, Canada, Puerto Rico, Costa Rica, and India. Key industries that we service include Technology, Financial Services, Life Sciences, Healthcare, Telecom, Retail, Utilities and Transportation. SPECTRAFORCE is built on a concept of “human connection,” defined by our branding attitude of NEWJOBPHORIA®, which is the excitement of bringing joy and freedom to the work lifestyle so our people and clients can reach their highest potential. Learn more at: http://www.spectraforce.com
Benefits: SPECTRAFORCE offers ACA compliant health benefits as well as dental, vision, accident, critical illness, voluntary life, and hospital indemnity insurances to eligible employees. Additional benefits offered to eligible employees include commuter benefits, 401K plan with matching, and a referral bonus program. SPECTRAFORCE provides unpaid leave as well as paid sick leave when required by law.
Equal Opportunity Employer: SPECTRAFORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at LOA@spectraforce.com if you require reasonable accommodation.
California Applicant Notice: SPECTRAFORCE is committed to complying with the California Privacy Rights Act (“CPRA”) effective January 1, 2023; and all data privacy laws in the jurisdictions in which it recruits and hires employees. A Notice to California Job Applicants Regarding the Collection of Personal Information can be located on our website. Applicants with disabilities may access this notice in an alternative format by contacting NAHR@spectraforce.com.
LA County, CA Applicant Notice: If you are selected for this position with SPECTRAFORCE, your offer is contingent upon the satisfactory completion of several requirements, including but not limited to, a criminal background check. We consider qualified applicants with arrest or conviction records for employment in accordance with all local ordinances and state laws, including the Los Angeles County Fair Chance Ordinance for Employers (FCO) and the California Fair Chance Act (FCA). The background check assessment will consider whether a criminal history could reasonably have a direct, adverse impact on the job-related safety, security, trust, regulatory compliance, or suitability for this role. Such findings may result in withdrawal of a conditional job offer.
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $23.00/hr.
