Middle Office Credit Derivative Specialist Position Available In New York, New York

Middle Office Credit Derivative Specialist
Accounting & Finance
$ 54.07 / Hour
location_on
New York, New York
work_outline
Contract/Temporary favorite_border

JOB ON CANDIDATE PORTAL

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Adecco is looking someone like you!! Be part of the great team!!
Credit Derivative Specialist•Hybrid (New York, NY)

Shift:

Monday•Friday, 8:00 AM•5:00 PM

Pay Rate:

$54.07 / hr

Important:

The first two months will require 5 days per week in-office for training. After this period, the schedule will shift to a hybrid model (3 days in-office, 2 days WFH).
We are seeking a Credit Derivative Specialist to support the US Mortgage Trading Desk, primarily managing the trade-capture workflow with a focus on derivatives and related hedge products. This role is essential in maintaining accurate and timely trade processing, mitigating operational risk, and ensuringpliance with internal standards and regulatory requirements.

Key Responsibilities:

Manage trade capture workflow for the US Mortgage Trading Desk.
Perform initial reviews of trade bookings and resolve booking discrepancies.
Monitor primary and secondary trade systems to ensure accuracy andpliance.
Coordinate monthly lifecycle credit events and scheduled tradepressions.
Perform end-of-day trade position reconciliations.
Identify and resolve risk variations and booking errors impacting fee structures.
Ensure timely processing of trade amendments, allocations, and novations.
Ensure all bookings meet real-time reporting standards and regulatory requirements (Volcker CFTR, Swaps Push-Out, UMR).
Act as the primary point of contact for Trading, Sales, Operations, and Finance.
Provide trade support expertise regarding the unique characteristics of Mortgage Indices.
Uphold accurate internal risk representation to protect firm capital.
Contribute to global coordination efforts to align with Trade Control standards.

Qualifications:

1-2 years of experience in Trade Support or Middle Office Operations.
Familiarity with financial processing systems and trade lifecycle.
Solid understanding of front-to-back operational workflows and risk management practices.
Working knowledge of industry regulatory frameworks (e.g., Volcker Rule, DTCC Real-Time ing).
Product knowledge relevant to derivatives, mortgages, and structured products.
Demonstrated ability to work independently with minimal supervision.
Strong analytical and problem-solving skills, including decision-making under pressure.
High proficiency in Excel; experience with reporting and data reconciliation.
Proven ability to manage multiple tasks with stronganizational skills.
Excellentmunication skills and ability to liaise effectively across cross-functional teams.
Capability to quickly adapt to new systems, processes, and industry changes.
Experience driving process improvements and operational efficiency is a plus.
This is an exciting opportunity to contribute to a high-performing team in a dynamic and fast-paced trading environment, while gaining exposure toplex derivative products and market-leading systems.
Now!!!

Pay Details:

$54.07 per hour
Benefit offerings available for our associates include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program,muter benefits and a 401K plan. Our benefit offerings provide employees the flexibility to choose the type of coverage that meets their individual needs. In addition, our associates may be eligible for paid leave including Paid Sick Leave or any other paid leave required by Federal, State, or local law, as well as Holiday pay w applicable.
Equal Opportunity Employer/Veterans/Disabled
To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to adecco/en-us/candidate-privacy
The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:
The California Fair Chance Act
Los Angeles City Fair Chance Ordinance
Los Angeles County Fair Chance Ordinance for Employers
San Francisco Fair Chance Ordinance

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