What are the responsibilities and job description for the DEC Ops Trade Support/Trade Support Analyst position at eTeam?
Job Title: DEC Ops Trade Support/Trade Support Analyst
Duration: 9 months contract
Location: Washington Boulevard Jersey City, NJ 07310
Pay Rate: $65.03/hr
Job Description:
DEC US Operations team is part of the US Derivatives Execution and Clearing Operations department who collectively provides customer service, risk and funds management, trade processing and reconciliation, client on-boarding, accounting, post trade execution investigation, performance margining, exchange balancing, contract expiration processing including physical delivery, fee maintenance, and regulatory review and rule implementation. These clearing and operational functions require the team to manage communication across clients and multiple lines of business accessing several exchange applications, banking tools, and internal operating systems to support the flow and record of commodity futures, options, and OTC trade execution on a daily basis. Our primary focus is to perform our responsibilities under a controlled environment that is compliant with strict regulatory rules and guidelines while providing superior client services and solutions
Candidate Success Factors:
Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:
• Results and Impact
o Able to influence peers and team.
o Demonstrates good judgement when making decisions of high complexity and impact.
o Exercise appropriate autonomy in the execution and delivery of work.
o Responsible for driving outcomes, which have meaningful effect on team or department.
• Leadership and Collaboration:
o Creates trust with colleagues.
o Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus:
o Able to build relationships with a mix of colleagues and clients.
o Interacts regularly with management and department leaders.
o Demonstrates the ability to influence stakeholders at the team level.
• Compliance Culture and Conduct:
o Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
o Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
Responsibilities:
• Direct communication and interaction with clients and business partners
• Subject Matter Expert in deliveries functions and processing at exchange level
• Manage position reporting function independently
• Manage options expiration processing independently
• Physical delivery of commodity futures products
• Extensive knowledge of CCP contract rules and regulations
• Regulatory reporting
• Client on boarding and pre trade support
• Post trade execution clearing and allocation processing
• Trade reconciliations utilizing middleware and industry software
• Client and business inquiry research, investigation, and issue resolution
• Work with global risk teams on limit queries and trade support
• Account set-up review and implementation utilizing various operational systems
• New product and market on-boarding including identification of requirements
• Regulatory exam and audit coordination
• Control monitoring
Minimum Required Qualifications:
• Bachelor’s degree
• 5 plus years of experience with exchange listed products, OTC Cleared derivatives, or capital markets trading, operations, execution, or trade process
• Experience interacting with clients and various lines of business
• Working knowledge of FCM Clearing setups - CCP mappings, exchange reporting suite
• Microsoft Excel (VLOOKUP, Pivot tables, formals, etc.), Outlook and Power Point
Preferred Qualifications:
• Experience in specifics around on-boarding new clients
• Experience in Futures Commission Merchant clearing and operations
• CFTC regulations knowledge
• Knowledge of CCP regulations and contract rules
• Physical delivery and scheduling of commodity future
• 3 years of experience in clearing listed derivative products on multiple CCPs
• 3 years of experience in FCM Clearing operations
• Experience interacting with clients and various lines of business seeking solutions for enhancing client experience
• Experience working with global lines of business to build and maintain partnerships
FINRA Registrations Required:
• Not Applicable
CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
• Not Applicable
SEC Security-Based Swap Dealer Associated Person:
• Not Applicable
Duration: 9 months contract
Location: Washington Boulevard Jersey City, NJ 07310
Pay Rate: $65.03/hr
Job Description:
DEC US Operations team is part of the US Derivatives Execution and Clearing Operations department who collectively provides customer service, risk and funds management, trade processing and reconciliation, client on-boarding, accounting, post trade execution investigation, performance margining, exchange balancing, contract expiration processing including physical delivery, fee maintenance, and regulatory review and rule implementation. These clearing and operational functions require the team to manage communication across clients and multiple lines of business accessing several exchange applications, banking tools, and internal operating systems to support the flow and record of commodity futures, options, and OTC trade execution on a daily basis. Our primary focus is to perform our responsibilities under a controlled environment that is compliant with strict regulatory rules and guidelines while providing superior client services and solutions
Candidate Success Factors:
Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:
• Results and Impact
o Able to influence peers and team.
o Demonstrates good judgement when making decisions of high complexity and impact.
o Exercise appropriate autonomy in the execution and delivery of work.
o Responsible for driving outcomes, which have meaningful effect on team or department.
• Leadership and Collaboration:
o Creates trust with colleagues.
o Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus:
o Able to build relationships with a mix of colleagues and clients.
o Interacts regularly with management and department leaders.
o Demonstrates the ability to influence stakeholders at the team level.
• Compliance Culture and Conduct:
o Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
o Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
Responsibilities:
• Direct communication and interaction with clients and business partners
• Subject Matter Expert in deliveries functions and processing at exchange level
• Manage position reporting function independently
• Manage options expiration processing independently
• Physical delivery of commodity futures products
• Extensive knowledge of CCP contract rules and regulations
• Regulatory reporting
• Client on boarding and pre trade support
• Post trade execution clearing and allocation processing
• Trade reconciliations utilizing middleware and industry software
• Client and business inquiry research, investigation, and issue resolution
• Work with global risk teams on limit queries and trade support
• Account set-up review and implementation utilizing various operational systems
• New product and market on-boarding including identification of requirements
• Regulatory exam and audit coordination
• Control monitoring
Minimum Required Qualifications:
• Bachelor’s degree
• 5 plus years of experience with exchange listed products, OTC Cleared derivatives, or capital markets trading, operations, execution, or trade process
• Experience interacting with clients and various lines of business
• Working knowledge of FCM Clearing setups - CCP mappings, exchange reporting suite
• Microsoft Excel (VLOOKUP, Pivot tables, formals, etc.), Outlook and Power Point
Preferred Qualifications:
• Experience in specifics around on-boarding new clients
• Experience in Futures Commission Merchant clearing and operations
• CFTC regulations knowledge
• Knowledge of CCP regulations and contract rules
• Physical delivery and scheduling of commodity future
• 3 years of experience in clearing listed derivative products on multiple CCPs
• 3 years of experience in FCM Clearing operations
• Experience interacting with clients and various lines of business seeking solutions for enhancing client experience
• Experience working with global lines of business to build and maintain partnerships
FINRA Registrations Required:
• Not Applicable
CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
• Not Applicable
SEC Security-Based Swap Dealer Associated Person:
• Not Applicable
Salary : $65
