Finance Operations Specialist
135 Santilli Hwy., Floor 3 Everett, MA 02149
Currently have an opening in Everett, MA for an Operations Specialist.
Pay Rate: 20-21/hr
The Operations Specialist will be the primary daily contact for all clients and investment managers trading derivative products.
- Process derivative cash and trade instructions 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
- Monitor/post activity related to derivative collateral holdings
Qualifications and Experience
- Bachelor's Degree; Finance focus preferred.
- 0 - 1 years financial experience
- Knowledge of financial trading operations (OTC, clearing, derivatives/fx processing)
- Organization, ability to work in fast paced environment
Operations Specialist - 18632