Mission Staffing

Compensation

Full Description

Note: The job is a remote job and is open to candidates in USA. Mission Staffing is seeking an experienced OTC Derivatives Operations professional to support trade confirmations and risk mitigation across equity and swap products. The role involves managing complex confirmations in a fast-paced environment and requires a strong confirmations background, ideally from a bank or large financial institution. Responsibilities • Risk mitigate and confirm OTC derivative transactions with internal and external counterparties using paper and electronic confirmation processes • Review and resolve trade confirmation language and economic breaks • Partner with counterparties to address urgent issues, clarify terms, and resolve outstanding confirmations • Draft ad hoc confirmations in collaboration with Legal • Create and maintain confirmation templates, obtaining approvals from Sales, Trading, and Legal as needed • Support strategic initiatives focused on improving efficiency and strengthening operational controls • Perform additional operational tasks as business needs dictate Skills • 5+ years of hands-on Operations experience with a strong focus on trade confirmations • Extensive knowledge of the 2002 and 2006 ISDA Equity and Swap Definitions • Experience drafting and reviewing OTC Equity Structured Products including Conditional Variance Swaps, Phoenix Autocalls, Swap Strategies, and Worst or Best Of structures • Background within a bank or comparable financial institution Company Overview • Mission Staffing is a finance and recruiting company located in New York. It was founded in 2003, and is headquartered in New York, New York, USA, with a workforce of 51-200 employees. Its website is http://www.missionstaffing.com.