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Derivatives – Senior Associate
| Company | State Street |
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| Location | Irvine, CA, USA |
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| Salary | $52000 – $94120 |
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| Type | Full-Time |
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| Degrees | Bachelor’s |
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| Experience Level | Senior |
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Requirements
- Solid understanding of OTC swaps products is preferred.
- Solid understanding of the swap life cycle is preferred.
- Knowledge of downstream effects and economic impact of the different types of derivatives
- Ability to apply industry knowledge to help other staff members
- Excellent communications skills including expressing complex ideas and concepts
- Computer proficient including spreadsheet and database applications
- Advanced Visual Basic and/or SharePoint experience a plus.
Responsibilities
- Administer all derivative trades in investment accounting system and OTC platform accurately and timely.
- Support calculation, confirmation, audits and controls surrounding OTC Derivatives.
- Initiate any related incoming or outgoing payments.
- Complete various position and payment reconciliations.
- Adhere to established operating, risk, and compliance controls and standard operating procedures.
- Elevate areas of potential loss/exposure immediately and include supporting documentation.
- Serves as a technical resource to Junior staff.
- Reviews and authorizes cash activity and reconciliations.
Preferred Qualifications
- Bachelors Degree with emphasis in accounting, finance or economics preferred.
- Minimum 4+ years related work experience preferred.
- Proven negotiation and influencing skills.
- Demonstrated creative problem solving skills.
