Finance Operations Analyst - entry level Job at Phaxis, Baltimore, MD

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  • Phaxis
  • Baltimore, MD

Job Description

A global financial firm is looking to hire a handful of Trade Support Operation Analysts to join their team in Baltimore, MD (hybrid position). This is an excellent opportunity to get your foot in the door a reputable firm. Room for growth! Apply now for more details!! ** Recent College Graduates looking to get into Financial Services are encouraged to apply as well ** POSITION OVERVIEW: The Baltimore Trade Support Group in our Derivatives Clearing department is responsible for the management of trade flow for futures and options on futures contracts, both for client and proprietary trading activity on North American Exchanges. Daily functions include resolution of position breaks through interaction with internal and external clients, clearing exception management, trade allocation, and trade flow automation. This position requires a focus on risk management and control with additional emphasis on the reduction of processing inefficiencies and increase in controls through process improvement initiatives. Responsibilities include: · Daily Trade Support functions for futures and options on futures across North American and European markets including: - Resolving client, exchange, and risk trade breaks - Managing trade allocations for Institutional and Wealth Management clients - Investigating and resolving today clearing exceptions - Developing trade flow solutions - Communicating with internal and external parties - Facilitating exchange trade entry · Focus on risk management and control with respect to processes and procedures · Resolution of client issues, with a focus on root cause analysis and risk mitigation · Actively participate in team meetings, raise issues, question the status quo and offers solutions/ideas · Work as a member of a team; help others in the team with tasks and issues · Analyze problems to establish root causes and suggest clear, logical and practical solutions based upon extensive analysis · Contribute to refining controls and continuously improving and reducing operational risk · Build and manage stakeholder relationships across silos · Acquire & demonstrate deep knowledge of the product and/or functional area for which they are responsible · Establish clear goals and set priorities for themselves Requirements: - Bachelor’s degree OR solid finance experience required - Must have strong analytical skills and attention to detail - Must have ability to work under a deadline-driven environment - Proficiency in Excel & Word required - Ability to work in a team and build strong networks - Strong problem-solving, organizational and prioritization skills - Flexibility and ability to learn in a fast paced environment - Strong communication skills, verbal and written required Pay: $20-$22/hr

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