Derivatives Settlements Analyst
| Verified Pay check_circle | Provided by the employer$25.00 to $31.00 per hour |
|---|---|
| Hours | Full-time, Part-time |
| Location | Pittsburgh, Pennsylvania |
About this job
Job Description
Hybrid 4 days onsite in Pittsburgh, PA
Our client seeks a Derivatives Settlements professional to ensure accurate and timely settlement of derivative-related cash flows, perform reconciliations, investigate exceptions, and serve as a key contact for internal stakeholders, clients, counterparties, and market infrastructure partners across Interest Rate Derivatives, FX STIRT, Synthetic Equity, and Capital Markets, as well as Corporate Trust, Seed Capital Investment Management, and Corporate Treasury.
This is a contract to hire opportunity. Applicants must be willing and able to work on a w2 basis and convert to FTE following contract duration. For our w2 consultants, we offer a great benefits package that includes Medical, Dental, and Vision benefits, 401k with company matching, and life insurance.
Rate: $25.00 to $31.00/hr. w2
Responsibilities:- Manage settlement of counterparty payments for bilateral and cleared derivatives activity using platforms including Summit, Wall Street Systems, Treasury Edge, and Nexen.
- Perform Level 2 reconciliations of interest rate derivative cash activity, and positions and trades related to futures business cleared through Citibank as FCM.
- Investigate and resolve cash, trade, and position breaks with internal teams and external counterparties.
- Respond to client and counterparty inquiries regarding cash flow payments, settlements, and trade discrepancies.
- Act as a primary contact for cleared swaps and futures inquiries with partners such as LCH and Citibank Global Markets Inc.
- Support operational risk reduction through strong control execution, issue identification, and timely escalation.
- Assist with system enhancements, process improvements, testing, and operational procedures.
- 3 to 5 years of relevant Operations experience.
- Knowledge of derivatives operations and settlement processes with strong analytical and reconciliation skills.
- Experience with cleared and bilateral swap and futures products and ability to work across multiple stakeholders and systems.
Skills, experience, and other compensable factors will be considered when determining pay rate. The pay range provided in this posting reflects a W2 hourly rate; other employment options may be available that may result in pay outside of the provided range.W2 employees of Eliassen Group who are regularly scheduled to work 30 or more hours per week are eligible for the following benefits: medical (choice of 3 plans), dental, vision, pre-tax accounts, other voluntary benefits including life and disability insurance, 401(k) with match, and sick time if required by law in the worked-in state/locality.If anyone reaches out to you about an open position connected with Eliassen Group, please ensure that you are working directly with us by confirming the following:
· When you work with Eliassen Group, all email communication will come from an Eliassen.com address, never Gmail, Yahoo, etc.
· Eliassen Group will never ask you for personal information (home address, bank account, or check routing number) until you have worked with someone clearly associated with Eliassen Group.
If you have any indication of fraudulent activity, please contact fraud@eliassen.com.
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