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Credit Trade Support
Job in
Jersey City, Hudson County, New Jersey, 07390, USA
Listed on 2026-02-01
Listing for:
Open Systems Technologies
Full Time
position Listed on 2026-02-01
Job specializations:
-
Finance & Banking
Banking & Finance
Job Description & How to Apply Below
Pay: $40-44/hr
Responsibilities:
- Work with Front Office, P&L, Back Office, Third party vendors, and Application Support to resolve operational and booking issues
- Monitoroperational 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
Required
- 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
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