Project Summary: Support the Confirmations Group within the CIB Operations team, assisting with day-to-day operations. This team documents derivative trades across all asset classes.
Responsibilities:
Draft and verify the accuracy and completeness of confirmations for various products and business lines, including commodity derivatives, credit derivatives, equity derivatives, rates derivatives, and foreign exchange.
Minimize financial losses by identifying and resolving trade capture errors, reconciling trade activity between the system of record and trade-related documentation, and ensuring all economic terms and necessary protective and fallback clauses are confirmed.
Serve as a liaison with all lines of business, internal legal, and compliance departments to develop or revise confirmation templates in compliance with regulatory requirements.
Support complex U.S. securities or over-the-counter (OTC) derivatives transactions.
Stay informed and aid the team's compliance with regulatory, tax-related, and asset class-specific market developments by participating in internal and ISDA-organized working groups.
Seek opportunities to improve processes, controls, and procedures to enhance efficiencies, deepen the team's understanding of products, and mitigate risk.
Partner with the project team to develop requirements for system enhancements and assist with user acceptance testing.
Top Skills:
Intermediate skills in Microsoft Office Excel
Strong knowledge and understanding of derivative products with experience in drafting OTC Confirmations
Soft Skills:
Detail-oriented
Excellent verbal, written, and interpersonal communication skills
Effective organizational, multi-tasking, and prioritizing skills
Ability to work in a fast-paced, deadline-driven environment
Nice to Have:
Experience in Derivatives Confirmation processing
Capital Markets Operations experience
Knowledge of OTC Derivatives or ISDA
Experience:
Finance or banking experience is a plus
Experience with other trading houses (e.g., Vanguard)
Contact: rwest@judge.com
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