Saturday, January 22, 2011

Equity Derviatives Confirmation Analyst; $25-45 / hour

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Our client is a large interntional bank with a consulting opportunity in downtown NYC.

PRIMARY RESPONSIBILITIES

· Draft and process Equity Derivative Confirmations.
· Resolve economic and legal discrepancies through collaboration with Back Office and trading desks.
· Negotiate terms of contingency contract with counterparties (broker-dealers, hedge funds, mutual funds, etc) to lower the firm’s risk exposure in case of merger, acquisition, market disruption, etc. in respect of the underlier
· Draft templates for new types of structured deals.
· Update Incumbency Certificates and Lists of Authorized Signatories of firm’s counterparties.
· Provide ISDA standards and definitions expertise to marketers and traders
· Phone counterparties to confirm receipt of confirmations and, where necessary, resolve any issues that contribute to delays in the counterparties’ executing and returning such confirmations.
· Maintain management reports, which involves ensuring on a daily basis the Equity Derivatives Documentation Group’s receipt of all deal tickets and logging of all system deal entries, liaising with Back Office as necessary; and tracking unexecuted and fully executed confirmations.
· Maintain file cabinets, which contain the hard copies of executed confirmations, sending dead confirmations to off-site storage periodically for archiving.
· Maintain virtual library of stored confirmations (soft copies).
Understand department procedures and required accountabilities in the area or department in which the incumbent works.
Requirements

POSITION REQUIREMENTS/SPECIFICATIONS (competencies, technical kills, education and experience)

REQUIRED:

· Bachelor’s degree and two-years+ job-related experience.
· Strong drafting, mathematical skills, logic and organizational skills and attention to detail.
· Effective communication and interpersonal skills to work with a variety of personalities.
· Knowledge of ISDA Equity Derivatives Definitions and ISDA Definitions and equity derivatives products.
· Ability to work independently and within a team environment with ability to meet deadlines.
· Able to handle requests for immediate drafting of trade confirmation in a fast paced, pressured environment. .

PREFERRED:

· Previous experience in the securities industry.
· Strong operational and/or systems background.
· Previous experience in the legal industry.
Proficient computer skills in Windows-based software products such as Outlook, Word and Excel.

We thank all applicants for submission, but only those under consideration will be contacted.

Apply for Job Here

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