Credit Trade Support
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Overview
Compensation
$40-$44/hour
Job Description
A financial firm is looking for a Credit Trade Support to join their team in Jersey City, NJ. Pay: $40-44/hrResponsibilities:
- Work with Front Office, P&L, Back Office, Third party vendors, and Application Support to resolve operational and booking issues
- Monitor operational risk by providing proper Front Office Support and ensuring the risk of fraud is set to a minimum
- Ensure accurate trading positions in FO system, the daily goal is to correct all discrepancies originated by system bugs, input mistakes, information loss
- Manage real-time trade booking exceptions internally between the trading desk and sales force
- Assist with project initiatives designed to improve and streamline existing processes
- Mitigate risk by reconciling discrepancies between the trading desk's positions and the firm's books and records
- Participate / assist in event processing and have a full understanding of the life cycle of a trade
- Collaborate with technology teams on the implementation of process flow improvements and efficiencies
- Contribute to quick resolution of trade issues by liaising with various groups including Front Office, Back Office, IT Team, P&L Controllers and Client Services
- Liaise with other Operation functions and other infrastructure groups to support a 'one team approach'
- Promote an efficient dialog/discussion with our internal and external partners
- Attention to detail and accuracy is imperative
- Strong academic background required
- The successful candidate will need to demonstrate a strong desire to learn the processes and products
- Strong interpersonal and communication skills
- Flexibility to adapt to a new and changing environment
- Strong sense of risk and critical thinking
- Rigorous and very organized
- Maintains high quality of customer service
- Ability to effectively listen and communicate
- Good relationship qualities, team spirit, and ability to work across teams
- Strong knowledge of financial markets with emphasis on Credit and/or Rates Derivatives
- Knowledge of regulatory rules for CFTC and EMIR in relation to OTC products
- Ability to multi-task and prioritize in a fast paced environment
- Strong Excel/PC skills with proven ability to work with multiple systems
- Previous experience (1 yr+) in a Derivative Middle office environment or prior experience in working with Trading/ Sales in a financial institution
Automate your job search with Sonara.
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FAQs About Credit Trade Support Jobs at Open Systems Technologies
What is the work location for this position at Open Systems Technologies?
This job at Open Systems Technologies is located in Jersey City, NJ, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Open Systems Technologies?
Candidates can expect a pay range of $40–$44 per hour for this role.
What employment applies to this position at Open Systems Technologies?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at Open Systems Technologies?
You can apply for this role at Open Systems Technologies either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.