Job Title: Operations Analyst
Duration: 6 months
Location: New York, NY,10001

Summary:

• 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.
• Equity Derivatives Operations provides front to back post-execution support to all equity based derivative activity in North America.
• The Equities Trading Services has critical focus on front office day to day risk and trading issues, new issuances, client queries, corporate actions processing and strategic firm and business infrastructure projects.
• Equities Trading Services acts as first point of contact for the various Equity and Equity Derivatives Trading desks, assisting in the execution of both new client and hedging activity.
• Our clients execute across a range of products e.g OTC and Listed Options, Securitized Issuances, Structured Derivatives, Synthetics, ETFs, and cash equity.
• It is our responsibility to ensure positions are booked in a timely manner and maintained accurately in our risk systems throughout the lifecycle of the product.
• There is a strong emphasis on knowledge and expertise, which requires that all team members be fully versed in products and systems used and how our day to day tasks impact the bottom-line of the firm.

Job Duties:

• Actively manage risk & P&L by providing operational support to all equity front office personnel.
• Assist with and perform allocation of a high number of OTC trades across a number of flows & resolution of any resulting economic breaks.
• Efficiently handle incoming queries from trading desks, sales, external clients & other internal federation teams (Technology, Compliance, Legal, Controllers, etc.).
• Perform trade and risk reconciliation and monitor controls around the different business supported, particularly around Corporate Actions.
• Owning and liaising with other teams within to ensure timely resolution of queries, seeing operational issues through to resolution by connection with various stakeholder across multiple locations.
• Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends.
• Product knowledge, ideally of derivatives in general, equity in particular. 
• Demonstrates strong technical skills required for the role, strong attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills.
• Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely toward extremely challenging goals and persists in the face of obstacles or setbacks.
• Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with internal and external clients, helps the client to identify/define needs and manages stakeholder's expectations.
• Teamwork – Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions.
• Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others.
• Judgement and Problem solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses. complex issues.
• Strong ability to effectively multi-task and prioritize various deliverables.
• Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value.
• Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions.
• Takes a position on issues and influences others' opinions and presents persuasive recommendations.

Preferred Skills:

• Ability to demonstrate a sound of understanding of a range of Equity Derivative products as well as Cash Securities.
• Strong Team-working skills – for working with both internal departments in New York and globally.
• Track record in the development of client relationships and key stakeholders, both internally and externally.
• Ability to gain a strong understanding of the business and work with Marketing, Structuring, Trading and Sales desks.
• Excellent communication and interpersonal skills.
• Ability to thrive under pressure.
• Strong leadership skills essential – this role will require a self-starter who can manage competing deadlines and can prioritize appropriately.

Must Haves:

• Bachelor's degree with experience in Financial services.

 

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: $33.00/hr.