Vacancy expired!
Our client, a cloud-based market-leading company, is seeking an Operations Specialist/Analyst 2.
Location: Morrisville, NC Position Type: Contract Job Summary: The Cleared Derivative and Control (CDC) team is a global team functional aligned across asset classes responsible for maintaining control and supporting growth for the Prime Derivative Clearing business comprising Listed Futures and Options, & OTC client clearing. A typical day in this role would include supporting margin function with critical payments to client/ CCPs. Monitoring nostro accounts and ensuring their funding across various market. Ensuring all relevant regulatory reporting is completed within cut off. Overseeing the utility and their key tasks on Margins, regulatory and reference data.Responsibility: • Responsible for managing critical, time-sensitive margin settlements with clients and exchanges/CCPs/brokers for cleared derivatives products across exchanges. • Responsible to ensure margin calls with various exchanges are funded in a timely manner and clients' movements are processed accordingly • Verify and Release of payments in accordance with Global Fund Transfer policy • Investigate nostro breaks and ensure nostro reconciliations is completed in time • Review and submission of reports for entities in Singapore, Hong Kong and Australia to exchanges and regulators • Ensure compliance with the Bank's Regulatory Reporting Framework • Keep abreast with changes in regulatory landscape and its implication for risk management • Responsible for static set up for accounts on the back office systems • Responsible for set up of standard settlement instructions for margin payments • This includes oversight of Utility activities, performing verification/release of margin payments, regulatory/audit face-offs and engagement on business/project initiatives. • Review and monitor outputs (i.e. KPIs, KRIs, SLAs) from our vendor partner, FIS Derivatives Utility and produce related MI reports • Monitor high risk accounts and processes, produce MI reports and promptly resolve or escalate issues • Continuous improvement of the current process and procedures • Response to strategic change initiated by and affecting the departments • Participate and coordinate in project initiatives and UAT Skills & Experience: • Investment Banking experience of 5-7 years in Operations in listed Derivative and OTC space • Degree in Business, Finance or Accounting i.e. MBA/ CFA/ CA/ ICWA • Ability to prioritize tasks, meet deadlines and work in intraday cut off scenario • Strong control mindset, analytical skills and high degree of accuracy is required • Exceptional written, verbal communication and presentation skills • Ability to forge strong working relationships across departments and vendor partnersVacancy expired!