Derivatives Trade Support Analyst — Middle Office Growth

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

Job summary

Phaxis is seeking a Middle Office Trade Support Analyst to help support its derivatives trading activities. The role involves close collaboration with front-office teams to ensure accurate trade processing, risk reporting, and lifecycle management across multiple derivative products.

The ideal candidate has 1+ years in middle office or derivatives operations, with a solid understanding of trade lifecycles and risk reporting.

Qualifications

• Experience in middle office, trade support or derivatives operations within financial services.
• Understanding of derivatives products and capital markets.
• Familiarity 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 transaction booking and risk representation.
• Oversee trade verification, confirmation, and clearing processes.
• Support portfolio optimization activities and manage lifecycle events (expirations, settlements).
• Assist with daily P&L calculations, reporting and analysis for trading and management teams.
• Investigate reconciliation discrepancies and coordinate resolution.
• Work with finance and control to research and resolve daily reporting differences.
• Ensure transactions comply with regulatory requirements and internal procedures.
• Participate in process improvements, system enhancements and controls development.

Skills

Derivatives operations

Trade support

Capital markets

Job description

Phaxis is seeking a Middle Office Trade Support Analyst to help support its derivatives trading activities. The role involves close collaboration with front-office teams to ensure accurate trade processing, risk reporting, and lifecycle management across multiple derivative products.

The ideal candidate has 1+ years in middle office or derivatives operations, with a solid understanding of trade lifecycles and risk reporting.