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Credit Trade Support

Jersey City, NJ, United States

A financial firm is looking for a  Credit Trade Support to join their team in Jersey City, NJ.

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

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

Qualifications:

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

Preferred 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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