Operations Support Associate Job at Computing Concepts Inc
***Applicant must be available to work onsite in NYC daily
Job Details:
- Process Tri-party and bilateral collateral optimization, sourcing, and exposure management.
- Ensuring the efficient and timely processing of the Equity and FID financing book including recalls, substitutions, restrictions, pledging, exposure management, and projections of future requirements and book breakdown.
- To advise the BRM on the freedoms/limitations of collateral management in Tri-Party, including the ability of Tri-Party to enforce stipulations applicable to a bilateral trade.
- To become a contact for BRM operations for other interacting areas including Trading, Sales, Finance, IT and supporting teams such as settlements and client service functions.
- Position reconciliation between Agent and the firm.
- Provide daily financing projection to the business unit.
- Collate and distribute key metric data to stakeholders such as collateral schedules and haircuts.
- Collate and distribute collateral availability to Bank Resource Management.
- Ensure the timely processing of cash movements between company, its clients, and agents.
- Provide funding projections to cash management and BRM to ensure correct funding across firm’s bank accounts.
Job Type: Contract
Pay: $23.70 per hour
Schedule:
- Monday to Friday
Ability to commute/relocate:
- New York, NY: Reliably commute or planning to relocate before starting work (Required)
Education:
- Associate (Preferred)
Experience:
- Administrative: 1 year (Preferred)
- Microsoft Excel: 1 year (Required)
- Financial Services: 1 year (Required)
Work Location: In person
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