Job Description

Hedge Fund Services Associate
Job Number: 21-10533
 
 
Help drive change! Eclaro is looking for a Hedge Fund Services Associate for our client in New York, NY.
 
Eclaro’s client is a leading global bank stimulating change and innovation in the industry by offering top-notch financial products and services for a wide-range of clients worldwide. If you’re up to the challenge, then take a chance at this rewarding opportunity!
 
Position Overview:
  • Will be a mature self-starter who has demonstrated the ability to function independently in a fast-paced, dynamic and demanding environment.
  • Needs to be able to resolve conflict within a short period of time.
  • This person will be intellectually curious, intuitive, trustworthy and have the highest ethical standards.
  • In addition, will be effective in addressing a number of internal and external audiences in a professional manner.
  • Will add value by working on a number of simultaneous tasks with minimal supervision and exemplary follow-through.
 
Responsibilities:
  • Affirmation/Confirmation for FX and Commodity trades on electronic platforms
  • Manage the settlement of cash flows associated with all FX and Commodity products, including unwinds, novations, fees and premiums
  • Key point of contact and escalation point for trading desk, reconciliation and control group, and counterparties to resolve any economic discrepancies on trades in timely manner
  • Ensure accuracy of transaction agreements and modifications
  • Ensure proper controls and audit requirements are upheld through all processes
  • Work with IT in the development and enhancement of front to back trading systems
  • Understand and process trade activity in accordance with established operations policies, procedures and client deliverables; understand and minimize risk associated with trade mismatches
  • Ensure procedures are kept up to date
  • Assist in the training of personal locally and globally
  • Seek to improve processes and enhance the overall client experience
 
Qualifications:
  • Minimum Bachelor's Degree
  • 2+ years finance experience, with focus on vanilla and structured FX and Commodity products
 
Required Skills:
  • Strong knowledge of the SWIFT affirmation workflow and SWIFT message types
  • Firm grasp of the Commodity electronic confirmation system ICE eConfirm
  • Strong understanding of the settlement process
  • Understanding of the ISDA FX Novation Protocol
  • Proven change management experience
  • Thorough understanding of operational risk management
  • Excellent people skills; ability to dynamically act as knowledgeable point of reference to co-workers domestically and internationally
  • Proficiency in Microsoft Excel, VBA and Word
  • Excellent math and analytical skills
  • Excellent English, grammar, written and oral communication skills
  • Ability to handle multiple tasks under extremely time sensitive conditions
  • Understanding of the various FX transaction types such as spot, forwards, non-deliverable forwards and options, vanilla options, binaries, barriers, touches and digitals
  • Firm knowledge of the various Commodity products such as Agricultural, power, Natural Gas and oil swaps as well as Weather options
  • Understanding of front to back workflow
  • Adaptability and ability to effectively work with many coworkers and clients in a fast-paced trading environment
  • Should be intellectually curious, intuitive, and trustworthy and have the highest ethical standards
 
If interested, you may contact:
Adrian Miranda   
Adrian.Miranda@eclaro.com
212-804-7468
Adrian Miranda | LinkedIn
 

Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status. 

Application Instructions

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