Compensation: $115,000 – $150,000 + bonus
Location: New York City (Three days remote / two days in office)
Job Overview:
We are seeking an experienced Credit Derivatives Operations Analyst with 2-7 years of Credit Derivatives operations experience (CDS++) to join our client's team. As an Operations Professional, you will play a vital role in the middle office/operations functions, working with various teams to ensure smooth trade processing and reconciliation.
Responsibilities:
In the role of Credit Derivatives Operations Analyst, you will be responsible for the following:
- Collaborating with portfolio managers, traders, and prime brokers to book and process trades across Credit, Rates, and Structured desks
- Reconciling risk, P&L, and cash across all desks and products, including CDX, CDS, Tranches, Options, HY, IG, International Bonds, IRS, FX, Futures, Options, TRS, and Equities
- Managing fund changes such as subscriptions, redemptions, and fund openings/closings in coordination with the desk and accounting team
- Ensuring regulatory compliance, including CFTC reporting requirements
- Coordinating internally and externally with counterparties, prime brokers, and fund administrators
- Conducting intraday risk oversight and producing accurate P&L reports
- Supporting the implementation of operational processes and procedures
- Assisting in ad-hoc projects and initiatives as required
- Contributing to the development and enhancement of operational systems and tools
- Collaborating with the Director of Ops and acting as a mentor to junior team members
Qualifications:
To be considered for the Credit Derivatives Operations Analyst role, you should have:
- 2-7 years of relevant experience in Credit Derivatives operations (CDS++)
- Strong knowledge of trade processing, reconciliation, and risk management
- Previous experience with various financial products, including CDX, CDS, Tranches, Options, HY, IG, International Bonds, IRS, FX, Futures, Options, TRS, and Equities
- Familiarity with regulatory requirements, particularly CFTC reporting
- Excellent attention to detail and strong problem-solving skills
- Ability to work effectively in a fast-paced, deadline-driven environment
- Strong communication and interpersonal skills for effective collaboration with cross-functional teams
- Proficiency in relevant software and systems used in operations, trade processing, and reconciliation
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Application Note: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, we will keep your resume on file for future opportunities and may contact you for further discussion.
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