Derivatives Operations Specialist

Pittsburgh, Pennsylvania | Contract

Post Date: 08/11/2017 Job ID: 15002 Industry: ACCOUNTING/FINANCE

Derivatives Operations Specialist
Pittsburgh, PA 

We have an opening with our client located in downtown Pittsburgh, PA for a Derivatives Operations Specialist.

The Derivatives Operations Specialist will be the primary daily contact for all clients and investment managers trading derivative products.

Duties will include:

  • Provide professional support through timely and accurate processing of derivative cash and trade instructions, and perform activities such as exchange-traded and OTC derivatives for futures, currency forwards (foreign exchange), options and swaps.

  • Calculate the daily gain/loss on futures contracts (market- to-market), analyze when collateral is required for option trades, reconcile currency balances required for net forward settlement, validate instructions and conduct research to obtain all information required to post the transactions to the custody and accounting systems, and coordinate with the accounting teams to ensure accurate client financial statements.

  • Other responsibilities include monitoring/posting activity related to derivative collateral holdings, including income collection, P&I and maturities, supporting all daily-valued clients trading futures by performing additional end-of-day processing customized by client

  • Working closely with the accounting teams to complete the daily valuations. 

Requirements

  • Bachelor's Degree in Business Administration

  • Entry level to 1 year of experience; Financial background a plus

  • Knowledge or education background in derivatives or banking industry

  • Quick learner that can consume a lot of client and product specific information.

  • Good communication skills

  • Ability to take initiative and prioritize well when multiple deadlines occur or conflict.

 

Derivatives Operations Specialist - 15002

Victoria Birchok

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