What are the responsibilities and job description for the Trading Risk Analyst position at US Tech?
Job Description:
We seek a highly skilled and legally astute Trading Risk Analyst to join our Confirmations team. The Trading
Risk Analyst will utilize quantitative methods and tools to discern insights and enhance risk management
decision-making processes. This position involves daily coordination and communication with the front
office, extensive engagement with external counterparties, and in-depth reviews of legal documents. The
successful candidate will play a critical role in ensuring the legal confirmation of transactions and
mitigating risks associated with complex deals. The team supports across commodity groups in the derivative & physical space.
Responsibilities:
1. Confirmation Coordination: Daily coordination and communication with the front office to facilitate
confirmation creation and amendments for unique and highly complex deals.
2. Transaction Accuracy: Ensure that all transactions are accurately captured in Risk systems in a timely
manner, adhering to legal and regulatory requirements.
3. Counterparty Engagement: Engage with external counterparties to legally confirm transactions and
actively work towards resolving disputes when necessary.
4. Legal Document Experience: Seasoned professional with a proven record conducting comprehensive
reviews of legal documents, including ISDAs, NAESBs, EEIs, related collateral agreements (CSA), and trade
confirmations, to ensure compliance and minimize legal risks.
5. Reporting and Data Visualization: Develop and enhance the team's reporting infrastructure and data
visualization capabilities to support informed decision-making.
6. Risk Assessment: Collaborate with origination, risk management, trading, legal, and accounting
departments to assess and evaluate risks associated with potential transactions, new business initiatives,
and onboarding new counterparties. This includes the filing of necessary documentation for proper
counterparty integration.
Experience:
Proven derivative and or legal contract experience.
Proven success in confirmations management in a trading firm, preferably in commodities, 5+ years.
Proficiency in Excel, SQL, and PowerBI; Python expertise is a plus.
Experience with Endure or other ETRM a plus.
Strong experience with master agreements ISDAs, NAESBs, EEIs, and related collateral agreements (CSA).
Skills:
Sound understanding of physical trading and derivatives and the trade lifecycle.
Demonstrated ability to collaborate effectively with team members.
Strong critical thinking and creative problem-solving skills.
Exceptional attention to detail and communication skills.
Excellent organizational skills.
Comfort working under tight deadlines.
Education:
Degree in a business or legal discipline.
