This individual will work closely with front-office professionals and internal support functions to ensure accurate trade processing, risk reporting, daily reconciliations, and effective management of transaction lifecycles. This is an excellent opportunity for an early-career professional looking to develop expertise in capital markets, derivatives operations, and front-to-back trade support.
Numbers & Facts
Location
New York, NY
Industry
Staffing/Employment Agencies
Salary
$100,000
Company Size
50 to 99 employees
Year Founded
2002
Website
https://phaxis.com/
Description
Middle Office Trade Support Analyst Derivatives
Position Overview
A financial services organization is seeking a Middle Office Analyst to support its derivatives trading business. This individual will work closely with front-office professionals and internal support functions to ensure accurate trade processing, risk reporting, daily reconciliations, and effective management of transaction lifecycles.
This is an excellent opportunity for an early-career professional looking to develop expertise in capital markets, derivatives operations, and front-to-back trade support.
Key Responsibilities
Provide daily trade support across various derivatives and structured financial products.
Partner with trading and sales teams to ensure accurate transaction booking, trade details, and risk representation.
Oversee trade verification, confirmation, and clearing processes.
Support periodic portfolio optimization activities and manage transaction lifecycle events, including expirations and settlements.
Assist with daily profit and loss calculations, reporting, and analysis for trading and management teams.
Investigate reconciliation discrepancies, identify root causes, and coordinate timely resolution.
Work with finance and control functions to research and resolve daily reporting differences.
Ensure transactions are processed in accordance with regulatory requirements and internal operating procedures.
Participate in process improvement initiatives, system enhancements, and the development of operational controls.
Qualifications & Experience
1+ years of experience in Middle Office, Trade Support, or Derivatives Operations within financial services.
Understanding of derivatives products and capital markets.
Familiarity with trade lifecycle management, transaction processing, and clearing activities.
Exposure to market risk, profit and loss reporting, and reconciliation processes.
About Company
We stand for PERSEVERANCE, as we refuse to quit when the journey gets tough. Your gold is our mission, and we search day and night to find it.