Job Details

A financial firm is looking for a Credit Trade Support to join their team in Jersey City, NJ.

Pay: $40-44/hr

Responsibilities:

• Work with Front Office, P&L, Back Office, Third party vendors, and Application Support to resolve operational and booking issues
• Monitor operational risk by providing proper Front Office Support and ensuring the risk of fraud is set to a minimum
• Ensure accurate trading positions in FO system, the daily goal is to correct all discrepancies originated by system bugs, input mistakes, information loss
• Manage real-time trade booking exceptions internally between the trading desk and sales force
• Assist with project initiatives designed to improve and streamline existing processes
• Mitigate risk by reconciling discrepancies between the trading desk's positions and the firm's books and records
• Participate / assist in event processing and have a full understanding of the life cycle of a trade
• Collaborate with technology teams on the implementation of process flow improvements and efficiencies
• Contribute to quick resolution of trade issues by liaising with various groups including Front Office, Back Office, IT Team, P&L Controllers and Client Services
• Liaise with other Operation functions and other infrastructure groups to support a 'one team approach'
• Promote an efficient dialog/discussion with our internal and external partners

• Attention to detail and accuracy is imperative
• Strong academic background required
• The successful candidate will need to demonstrate a strong desire to learn the processes and products
• Strong interpersonal and communication skills
• Flexibility to adapt to a new and changing environment
• Strong sense of risk and critical thinking
• Rigorous and very organized
• Maintains high quality of customer service
• Ability to effectively listen and communicate
• Good relationship qualities, team spirit, and ability to work across teams

• Strong knowledge of financial markets with emphasis on Credit and/or Rates Derivatives
• Knowledge of regulatory rules for CFTC and EMIR in relation to OTC products
• Ability to multi-task and prioritize in a fast paced environment
• Strong Excel/PC skills with proven ability to work with multiple systems
• Previous experience (1 yr+) in a Derivative Middle office environment or prior experience in working with Trading/ Sales in a financial institution