Total Return Swap Operations

Job DetailExperience Level StaffDegree Type Bachelor of Science (BS)Employment Full TimeWorking Type HybridJob Reference 0000020801Salary Type AnnuallyIndustry Hedge FundSelling Points Lead impactful operations in a hybrid role focusing on Total Return Swaps. Collaborate with diverse teams to enhance workflows and minimize risks. Gain exposure to global securities markets and advanced systems.Job DescriptionTotal Return Swap Operations OverviewThe Total Return Swap Operations role focuses on managing trade lifecycle events across diverse asset classes, emphasizing Total Return Swaps.Collaborate with Trading, Fund Accounting, Technology, and Risk teams to ensure seamless operations and accurate trade processing.Resolve trade discrepancies across multiple swap counterparties, ensuring timely and precise issue resolution.Perform daily transaction, position, and cash reconciliations for TRS products using Geneva systems.Support swap resets, trade bookings, corporate action processing, and P&L inquiries effectively.Identify process gaps and collaborate with stakeholders to implement solutions that streamline workflows.Maintain strong relationships with internal and external stakeholders to enhance operational efficiency.Stay updated on industry best practices to develop effective operational policies and procedures.Total Return Swap Operations Key Responsibilities & DutiesManage trade lifecycle events, focusing on Total Return Swaps, and ensure accurate trade processing.Resolve trade breaks across swap counterparties, collaborating with front office and operations teams.Perform daily reconciliations for transactions, positions, and cash using Geneva systems.Support swap resets, trade bookings, and corporate action processing while addressing P&L inquiries.Identify and address process gaps, implementing solutions to minimize operational risks.Develop and maintain relationships with stakeholders to ensure effective communication and collaboration.Conduct thorough due diligence to resolve issues promptly and avoid financial or reputational impacts.Contribute to the development of operational policies and procedures aligned with industry standards.Total Return Swap Operations Job RequirementsBachelor's degree in finance, economics, or a related field is required.Minimum of 1 year of relevant experience, with 5 years preferred in fund or trade operations.Knowledge of Geneva systems and financial instruments such as equities, fixed income, and swaps.Strong communication skills for effective stakeholder engagement and issue resolution.Self-starter with analytical and problem-solving capabilities and attention to detail.Ability to identify gaps and implement solutions to improve operational workflows.Familiarity with domestic and global securities markets and industry best practices.