Derivatives Middle Office Trade Support Specialist

Phaxis; New York (NY); On-site; USD 65,000 - 90,000; Full time

Job summary

Phaxis in New York is seeking a Middle Office Analyst to support its derivatives trading business. You will work closely with front-office professionals and internal support functions to ensure accurate trade processing, risk reporting, daily reconciliations, and effective management of transaction lifecycles.

This is an excellent opportunity for an early-career professional looking to develop expertise in capital markets, derivatives operations, and front-to-back trade support.

Qualifications

• 1+ years of Middle Office or Derivatives Operations experience.
• Understanding of derivatives products and capital markets.
• Experience with trade lifecycle management, processing, and clearing.

Responsibilities

• Provide daily trade support across derivatives and structured products.
• Partner with trading and sales to ensure accurate booking and risk representation.
• Oversee trade verification, confirmation, and clearing.
• Support portfolio optimization and manage lifecycle events.
• Assist with daily P&L calculations, reporting, and analysis.
• Investigate reconciliation discrepancies and coordinate resolution.
• Resolve daily reporting differences with finance and controls.
• Ensure transactions meet regulatory and procedures.
• Participate in process improvements and system enhancements.

Skills

Derivatives expertise

Capital markets knowledge

Risk reporting

Trade lifecycle management

Problem solving

Job description

Phaxis in New York is seeking a Middle Office Analyst to support its derivatives trading business. You will work closely with front-office professionals and internal support functions to ensure accurate trade processing, risk reporting, daily reconciliations, and effective management of transaction lifecycles.

This is an excellent opportunity for an early-career professional looking to develop expertise in capital markets, derivatives operations, and front-to-back trade support.