Equity Derivatives Trade Support Middle Office Analyst

EQUITY DERIVATIVES TRADE SUPPORT / MIDDLE OFFICE ANALYST

Location: Midtown Manhattan NY
Schedule: Hybrid
Employment Type: Contract

ABOUT THE OPPORTUNITY

Our client a leading financial institution in Midtown Manhattan is seeking an experienced Equity Derivatives Trade Support / Middle Office Analyst for a contract opportunity.

This position will work closely with Front Office Trading and Sales as well as Market Risk Operations Settlements and other global support teams. The Analyst will provide day-to-day trade support across the transaction lifecycle investigate trade and P&L discrepancies process lifecycle events and ensure trades are accurately reflected within Front Office systems.

This is a hands-on role requiring a strong understanding of equity derivatives trade lifecycle processes settlements and Front-to-Back workflows.

KEY RESPONSIBILITIES

Book review and modify transactions within Front Office systems as required.

Provide daily trade support to Equity Derivatives traders and sales professionals.

Assist with the calculation and amendment of performance and financing tickets required for settlement.

Book and process corporate actions.

Process expirations lifecycle events and other post-trade activities.

Monitor trades throughout the lifecycle and help ensure accurate and timely processing.

Investigate and resolve trade discrepancies by coordinating with Front Office Operations Settlements Risk and other internal teams.

QUALIFICATIONS

SYSTEMS / TECHNICAL SKILLS

The ideal candidate will bring a strong combination of Equity Derivatives product knowledge and hands-on Middle Office/Trade Support experience. This individual should be comfortable interacting directly with traders and sales professionals investigating complex trade and P&L breaks coordinating with global teams and taking ownership of issues through resolution.

• Coordinate with both global and local teams on behalf of the Front Office to resolve trade-related issues.

• Partner with Market Risk to investigate and resolve P&L breaks and other valuation or booking discrepancies.

• Research trade details and identify the source of breaks between Front Office and downstream systems.

• Communicate promptly with counterparties and internal stakeholders regarding outstanding trade or settlement issues.

• Maintain and update operational metrics and reporting.

• Escalate unresolved issues appropriately and follow through until resolution.

• Maintain current procedures and ensure established controls and processes are consistently followed.

• Identify opportunities to improve workflows controls and overall operational efficiency.

• Support an effective control environment that appropriately balances risk management with the needs of Front Office and business partners.

• 5 years of Trade Support Middle Office or related capital markets operations experience.

• Strong knowledge of Equity Derivatives markets and products.

• Solid understanding of the complete trade lifecycle from execution and booking through confirmation lifecycle events settlement and reconciliation.

• Experience investigating and resolving trade discrepancies and breaks.

• Understanding of P&L and the ability to assist with investigation of P&L breaks.

• Experience working directly with Front Office traders and sales professionals.

• Ability to coordinate effectively across Operations Market Risk Settlements and global support teams.

• Strong analytical organizational and problem-solving skills.

• Ability to work effectively in a fast-paced deadline-driven trading environment.

• Strong verbal and written communication skills.

• Proficiency with Microsoft Excel.

• Sophis experience strongly preferred.

• Summit application experience is a plus.

• Strong Microsoft Excel skills.

• Experience working with Front Office trade booking and risk systems.

Nesco Resource offers a comprehensive benefits package for our associates which includes a MEC (Minimum Essential Coverage) plan that encompasses Medical Vision Dental 401K and EAP (Employee Assistance Program) services.

Nesco Resource provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race color religion age sex national origin disability status genetics protected veteran status sexual orientation gender identity or expression or any other characteristic protected by federal state or local laws.

Required Experience:

IC