Derivative Confirmations Analyst

Confidential; New York (NY); Hybrid; USD 80,000 - 100,000; Full time

Job summary

A financial services firm in New York is seeking a Derivative Confirmations Specialist to join their OTC portfolio operations team. The role involves drafting confirmations for various derivative products, reviewing documentation, and liaising with clients and internal partners. Ideal candidates will have 2-5 years of experience in equity derivatives, skills in deal confirmation, and the ability to communicate effectively with stakeholders. The position offers a hybrid work model, providing both in-office and remote work options.

Qualifications

• 2-5 years of relevant industry experience, preferably in Equity Derivatives.
• Experience with ISDA Definitions for relevant asset classes.
• Ability to manage multiple competing tasks simultaneously.

Responsibilities

• Drafting and signing confirmations for derivative products.
• Reviewing and verifying inbound documentation for derivatives.
• Acting as a liaison for the Derivatives Confirmation team.

Skills

Equity Derivatives support

Transactional deal confirmation drafting

Communication with senior stakeholders

Organizational skills

Office software proficiency (Word, Excel, Outlook)

Tools

Derivatives trade capture software

Job description

Job Title: Derivative Confirmations Specialist

End date: 6 months from the start date

Work Location: 1285 Avenue of the Americas

Work Schedule: Hybrid (5 Over 10 model)

Job Description

Derivatives Operation – This position is within the Derivative Operations function as a member of the OTC portfolio operations and confirmations team. Depending on need, your specific function within Operations you may be responsible for, but not limited to:

Key Responsibilities

• OTC Operations: Responsible for drafting and signing confirmations for derivative products across all relevant asset classes (Rates, Equity, FX, Commodities.)
• Responsible for the review and verification of inbound documentation for all derivative products.
• Act as liaison on behalf of the Derivatives Confirmation team to clients as well as numerous internal partners across the firm.
• Interface and close communication with trading, marketing staff worldwide, and client requests regarding trade detail verification and applicable disputes.
• Work with marketers and legal staff on preparation of confirmations for structured transactions.
• Completion of all other daily processes relevant to the OTC portfolio operations and confirmations team.
• Assist in certain onboarding processes for new derivatives clients initiated by Front Office Personnel Assist Manager of OTC Operations with special projects.
• Other duties as assigned.

Skills: Experience and Skills required

• 2-5 years relevant industry experience. Preference to prior experience supporting Equity Derivatives, in addition to any other OTC Derivative asset class.
• Proficiency in transactional deal confirmation drafting and review.
• Experience and knowledge working with the ISDA Definitions to each relevant asset class (Rates, Equity, FX, Commodities.) Ability to effectively communicate to senior stakeholders at the firm, both written and verbal.
• Organizational skill with ability to support numerous competing tasks simultaneously.
• Required computer skills include Office specifically Word, Excel, Outlook. Ability to navigate and understand derivatives trade capture software.