Apply on Employer Site

eClerx · 15 hours ago

Equity Derivatives Confirmations Specialist

New York, United States

Full-time

Hybrid

Mid, Senior Level

$90K/yr - $115K/yr

3+ years exp

eClerx is a leading provider of productized services, and they are seeking an Equity Derivatives Confirmations Specialist to support a new program for a premier client, a global investment bank. The successful candidate will draft and review confirmations, resolve discrepancies, and respond to client queries while participating in a structured training program.

AccountingAnalyticsContentDigital MarketingFinancial Services

Responsibilities

Confirmations drafting and reviewing clients’ drafted confirmations:

See table of Equity Derivatives structures in scope for this role

Training will be available for transaction types and systems usage

Prior knowledge of a majority of these transaction types is preferred

Transaction Family

Transaction Type

Autocall

Autocallable

Other

Exotic Option

Autocall

Booster

LockIn

Lookback

Rainbow

Other

Swap

Booster

Correlation

Other

High Network Wealth (HNW)

Snowball

Var Swap

Barrier

Conditional

Dispersion

Other

Confirmations process servicing and support:

Responding to queries arising from the reconciliation of risk systems to pre-trade and post-trade documentation within a tight T+1 timeframe

Supporting the end to end processing of the DC Servicing team and the Confirmation lifecycle generally

Drafting and (where applicable) negotiating of Master Confirmation Agreements (“MCA”)

Handling non-complex queries relating to the language and provisions used within each confirmation

In 4-eye controls, perform the checker role before confirmations are released to clients

Qualification

Equity Derivatives OperationsConfirmation DraftingMaster Confirmation AgreementsProblem SolvingCommunication Skills

Required

Bachelor's degree in business, finance, accounting, or related field

Minimum 3-8 years of experience in equity derivatives operations; with specific experience in confirmations drafting

Working knowledge and drafting experience of the Transaction Families and Transaction Types defined in the table

Ability to work collaboratively across multiple stakeholders and locations

Demonstrated problem solving and business analysis skills, i.e. the ability to structure an approach to work through and solve complex and ambiguous challenges

Excellent written and verbal communication skills

Ability to interact effectively with all levels of the organization