Description:
The Derivative Operations Settlement Vertical is responsible for complete, timely and accurate settlement of US Dollar and FX currency for our three derivative desks. The right candidate will partner with Clients, the Business and other Operational teams to support the derivatives trading full derivative life cycle.
This individual's responsibilities will include but are not limited to:
- Be an active participant in scaling the Settlements Vertical Team
- Book and amend derivative settlements into the booking, wire, and accounting systems
- Work with customer to identify and solve settlement breaks
- Run End of Day Recon Process
- Manage and update system reference data
- Assist Accounting and Recon Teams to solve outages and GL issues
- Chasing and following-up to resolve outstanding payments
- Work with IT to identify improvements & ensure proper change management is adhered to
- Stay abreast of regulatory changes impacting the industry
- Develop relationships with external clients to gain market understanding and awareness
- Proactively seek appropriate internal or external training to maintain professional expertise
- Cross-train team members and internal clients to ensure appropriate coverage and proficiency
- Formulate and document user requirements and procedures to implement technical solutions
- Develop and participate in the daily management of controls and procedures
- Provide superior internal and external client services in all areas of interaction
Work from Home Technology Requirements:
- A secure home office environment that is free from background noise and distractions
- A reliable private internet connection that is not supplied via cellular data or hotspot
- A private network that is password protected where you have ownership or line of sight to every device on the network
- Internet service must be provided by Cable or fiber Internet Service Provides (ISP)
- Hotspots and satellite services are prohibited and do not meet performance criteria required for optimal agent/customer interactions
- ISP download speeds on VPN must be at least 5Mbps, with 10+ Mbps preferred
- To validate ISP speeds from a Chrome browser, go to www.google.com , type Speed Test and run from the Google landing page
- Both Hardwire and WiFi internet connections are acceptable as long as speed and security requirements are met