Derivatives Trade Support Analyst

We have this Contract opportunity for Derivatives Trade Support Analyst with our Direct Client. Please let us know if this is something that matches your profile or please share with the person you think is a right fit for the Job.

Title: Derivatives Trade Support Analyst
Location: Jersey City NJ
Pay Rate Range: $ 55.00 to 67.00/ HR On a W2 Contract without benefits

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

Derivatives Trade Support Analyst 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

Derivatives Trade Support Analyst 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

Derivatives Trade Support Analyst 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

Regards,
Peter Swamy
Sr. Recruiter, Lenmar Consulting, Inc
Direct : 201 744 2238
P: 201 946 1777 Ext – 4007
A: Plaza 5, 185 Hudson St, Jersey City, NJ 07311

Job Types: Full-time, Contract

Pay: $55.00 - $67.00 per hour

Expected hours: 40 per week

Benefits:

• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Professional development assistance
• Referral program
• Vision insurance

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday
• No nights
• No weekends
• Overtime

Work Location: In person

Salary : $55 - $67