Responsibilities
- Effectively process Derivative daily operations, including Cleared Swaps, CDX Clearings, LCH Margin Call Operations, Rate Resets, Cross Currency Swaps, as well as Futures/Options operations.
- Support Securities buy/sale and all related transaction including settlements, coupon reset & processing, corporate actions, security asset pledge/unpledged, repo margin call and claim settlement.
- Guide and train employees to accomplish work in a timely manner. Maintain clear, concise, and cordial communication with all members of OG,assuring that other groups’ support needs are met.
- Streamline processes in line with the current market practice.
- Cross-train in the Collateral Management and Foreign Exchange and Money Market areas.
- Prepare and/or check daily, monthly, term end reports.
- Draft and update group’s policies and procedures.
- Apply record retention and record keeping on documents.
- Based on changes in the business work environment, job responsibilities can change, and removed accordingly. Additionally, this position will perform other duties as required, and participate in special projects as deemed necessary and appropriate by Management.
Skills & Requirements
- Education: Bachelor’s Degree.
- Experience: 6-8 years of relevant work experience.
- Understanding of the banking industry, financial regulations, OFAC policy, and compliance requirements.
- Knowledge of derivatives related rules and regulations.
- Experience in processing Swift messages.
- Experience with custodian systems such as Easyway, JPM Market, and Citi Velocity security service platform.
- Strong communication skills both verbal and writing, with attention to detail.
- Ability to multi-task and a fast learner.
- Proficient in Microsoft Excel, Microsoft Word, and other Office products.
- Must be versatile, able to work effectively independently or as part of a team on multiple projects simultaneously.
- Flexible to work beyond regular office hours at times based on business needs.