The Central Funding Desk (CFD) within Counterparty Portfolio Management (CPM) is seeking a qualified individual to continue to enhance support of the desk. The Central Funding Desk is responsible for issuing and risk managing the firm?s structured notes portfolio along with managing the FX risk from the wholesale banknote group's holdings in non-deliverable currency. CFD has two desks, Structured Notes and Bank Notes. Within CFD, the desk trades derivative products and hedges across multiple asset classes: Equities, Credit, FX, Rates and Commodities.
The role primarily involves reconciliation of trades between front office risk systems and back office sub ledgers, assisting the front office with trade bookings for a number of derivative products in multiple risk systems, understanding trade risk and underlying greeks and enhancements to the current support infrastructure (ad hoc projects). This role works closely with a number of business partners including, but not limited to, Front Office, Market Risk, Technology and Compliance. The desired candidate should possess a working understanding of derivatives products. These would include Structured Notes, IR Swaps, Swaptions, Equity Futures etc. Additionally, the individual must be a self-starter who is eager to learn and enhance the role. The candidate must have excellent MS Excel skills and must be an excellent written and verbal communicator. The role is very fast paced and often has simultaneous competing priorities and as such, the applicant must be able to properly prioritize their time and be comfortable in a fast paced work environment. The role requires an interest in programming, with coding skills in R being an asset.
Responsible for developing Trade control processes, e.g., trade booking, trade validation and ongoing trade maintenance and reporting
Develop cross-asset product knowledge, utilize knowledge of financial instruments accounting relevant to the area supported. Delivers support for new products and initiatives, provides analysis and KPI/MIS reporting
Be a change agent, leading and delivering upon change initiatives within the context of the reconciliation function
Partner with existing teams globally to achieve the best in class controls and practices in trade support
Pro-actively challenge the status quo, identify and drive change to improve upon the current model
Inject and lead governance, reporting and transparency into the day to day activities
Negotiate delicate decision points around client on-boarding choices using a commercial, control and pragmatic mind-set
Leading and delivering upon change initiatives within the context of the control function
Experience in programming in R, and strong MS Office skills
Good understanding of time series modeling
MS Office Suite
Expert MS Excel - Macros/VBA knowledge
Experience in supporting a similar role with product knowledge in Rates, FX, Credit, etc.
Minimum of a Bachelors degree in a Quantitative Discipline or Finance/Economics
Charlotte, NC, HEARST TOWER, 214 N TRYON ST,
- United States
Full / Part-time
: Full time
Hours Per Week
: 1st shift