As a Transaction Processing Team Leader in Derivatives Operations Team, you'll be responsible for managing daily regulatory reporting tasks and remediation activities while leading process improvement.
Job responsibilities
- Performs deal reviews within the Service Level Agreement which involves reviewing term sheet versus risk management systems and legal confirmation versus risk management systems
- Ensures accurate reviews and timely escalation of unissued/unexecuted documents
- Drives efficiency in the current process and identify incorrect booking practices and educate Middle Office on the impact
- Builds and sustain strong working relationships with internal Lines of Business including Middle Office, Front Office, and internal Counterparts
- Ensures all issues are investigated and resolved in a timely manner as per Business Standards
- Prepares weekly MIS and monthly control packs for Senior Management
- Analyzes MI and report trends and spikes
- Participates in various testing related to system enhancement, project implementation, and new business initiatives
- Identifies control gaps and suggest improvement ideas for better efficiency and effectiveness
Required qualifications, capabilities, and skills
- Must exhibit strong partnership abilities
- Must be able to handle a high level of complexity in product coverage, shift gears with relative ease, be flexible enough in shifting workload in accordance with changing priorities, and be comfortable dealing with a stressful and fast-paced Trading environment
- Strong communication skills
- Needs to be highly numerate with excellent keyboard skills and a high-level of computer literacy
- Needs to be aware and have an understanding of the large financial risks that can be incurred through operational errors and control risks
- Good understanding of downstream impact of actions undertaken, particularly the requirement for strong and timely controls throughout the life cycle of the trade
- Bachelor’s degree
Preferred qualifications, capabilities, and skills
- ISDA knowledge and Derivatives Product knowledge and experience is preferable