Derivatives Trade Specialist
1 week ago
Job Overview
The primary focus of this role will be on managing derivatives trade capture, confirmations, settlements, reconciliations, and position life-cycle events within Squarepoint Capital.
- Validate, process, and settle all life cycle events to ensure the integrity of trades and positions.
- Perform position and cash reconciliations.
- Process trade affirmations in Traiana and NYFIX with counterparties to minimize risk.
- Monitor T+0 trade capture exceptions in Traiana and internally.
- Process option assignments, expiries, and contras.
- Assist with new product and new fund launches.
- Develop scalable workflows and processes with automation in mind.
- Identify opportunities to increase efficiency.
Required Qualifications
- A minimum of 3-10 years of experience in OTC Middle/Back-office covering trade processing, collateral, confirmations, settlements, cash, position, and trade reconciliations.
- Demonstrate proficiency in listed products including options, equities, corporate actions, FX, and futures.
- Demonstrate strong analytical skills, with ability to calculate various metrics used to support products in asset class coverage.
- Proficiency in Excel and Power BI/VBA/Python is a plus.
- Strong communication and interpersonal skills, with ability to work effectively in a team environment.
- Experience working on system and process improvements, as well as new business initiatives.
- Familiarity with relevant technology and applications required to excel in the role.
The estimated salary for this role is $60,000 per year, based on available information at the time of posting. This expectation may vary depending on individual qualifications and performance.
This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation. Additionally, the company offers a range of benefits, including health, dental, and other wellness plans, as well as 401(k) contributions.
Squarepoint Capital is committed to providing a positive and productive work environment that fosters long-lasting organizational relationships and encourages growth and development.
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