OTC Settlements Associate

Linium Resources; New York (NY); On-site; USD 75,000 - 95,000; Full time

Job summary

Linium Resources in New York is seeking a skilled professional for cash and collateral management. The role requires interacting with various teams including trading and compliance, and managing reconciliation and settlement of OTC products.

Applicants should have 3-5 years of relevant experience and excellent communication skills, along with a detail-oriented mindset. Familiarity with Markit Trade Processer is a plus.

Qualifications

• 3-5 years of experience in cash and collateral management.
• Strong communication and interpersonal skills.
• Detail-oriented and able to handle multiple projects.

Responsibilities

• Reconciliation and settlement within the derivatives book.
• Interact with trading, compliance, risk management, and accounting teams.
• Handle all types of OTC products.

Skills

OTC product experience

Communication skills

Detail-oriented

Ability to handle multiple priorities

Tools

Markit Trade Processer

Job description

This area specializes in all aspects of cash and collateral management relating to exchange related transactions and their corresponding funding activities..

Job Description

• TRS, credit default, interest rate swap and other OTC product experience and will be responsible for reconciliation and settlement within our derivatives book
• Understand the instruments in most asset classes, and be expected to interact with various teams throughout the firm including the trading desk, compliance, risk management, and accounting areas
• Directly interact with all functional teams, across front and back office, settling all types of OTC products
• Familiarity with Markit Trade Processer is a plus
• Ability to be highly proficient handling multiple priorities, projects and relationships with colleagues throughout the firm
• Excellent communication and interpersonal skills and be detail oriented

Qualifications

• 3-5 years experience

Additional Information

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the U.S. without sponsorship and to complete the required employment eligibility verification document form upon hire.