Operations Analyst

Position Overview

Primary focus will be on Options Middle Office who are responsible for derivative trade capture, trade confirmations, settlements, reconciliations and position life-cycle events within the firm.

This person must have experience covering all aspects of equity options. This role will also have exposure to equities, futures, FX and other listed products.

• Manage all aspects of Option exercises and assignments, contras, affirmation, settlement and reconciliation.
• Validate, process and settle all life cycle events to ensure the integrity of the trade and positions
• Perform position and cash reconciliations
• Perform trade affirmation in Traiana and NYFIX with counterparties to minimize risk.
• Monitoring T+0 trade capture exceptions in Traiana and internally.
• Processing option assignments, expiries and contras.
• Assist with new product and new fund launches
• Build scalable workflows and processes with automation in mind.
• Come up with projects to increase efficiency.

Required Qualifications

• 3-10 years OTC Middle / Back-office experience covering trade processing, collateral, confirmations, settlements, cash, position and trade reconciliations
• Demonstrate / develop proficiency in all types of Listed products including Options, Equities, Corporate Actions, FX, and futures.
• Demonstrate proficiency in all calculations used to support any products in your asset class coverage.
• Strong Excel and Power BI / VBA / Python is a plus.
• Understand the importance of our team concept. Establish long-lasting organizational relationships that will foster a productive work environment.
• Demonstrate proficiency in written and oral communication skills.
• Working on system and process improvements, and new business initiatives
• Understand the relevant technology and applications that are required to excel in the role.
• Excel, Traina, and Bloomberg are some of the critical applications used daily.

The minimum base salary for this role is $60,000 if located in New York. This expectation is based on available information at the time of posting.

This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation.

This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions.

Successful candidates’ compensation and benefits will be determined in consideration of various factors.