Federated Hermes Inc. logo

Sr. Trading Operations Analyst

Federated Hermes Inc.

PITTSBURGH, PAJobSeen todaySeen in employer's feed today

Most applications go out cold — see where you stand first. No sign-up to start.

Watch jobs like this.

At a glance

Compensation
No compensation found
Location
PITTSBURGH, PA
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Job overview

The Sr. Trading Operations Analyst manages global and domestic settlement and derivative operations, supporting service levels for Trading. The role oversees trade routing and delivery, coordinates with technology resources to resolve problems, and guides Settlement Analysts through prioritization, training, and delegation. It also handles daily operational decisions and works to minimize transaction risk and improve operational performance.

Skills & qualifications

RequiredNice to have

Skills

Global Trading OperationsFixed Income SecuritiesEquity SecuritiesCollateral ManagementDerivative ManagementMS OfficeExcelWordMiddle Office WorkflowsIndustry Trading PlatformsIndustry DatabasesCommunicationInterpersonal SkillsIndependent WorkDecision-MakingProblem-SolvingAnalytical SkillsAttention to DetailAccuracyFlexibilityTeam LeadershipRelationship Building

Qualifications

Undergraduate Business Degree or Equivalent Relevant Experience3 Years Trading Operations Experience

Full job description

POSITION SPECIFICATIONS: 1. Undergraduate Business Degree or equivalent relevant experience in lieu of degree 2. Three years of trading operations experience required 3. Understanding of global trading operations functions (i.e. derivative operations, collateral management, money market securities, etc.) required 4. Knowledge of fixed income and equity securities is preferred 5. Knowledge of collateral and derivative management is preferred 6. Experience with MS Office products (Excel, Word) MAJOR DUTIES: Responsible for global and domestic settlement and derivative operations management. This position requires the ability to work independently and assist in development and implementation of ideas and procedures that minimize transaction risk and enhance operational performance. Manages day-to-day planning, operations and problem solving to meet the required service levels of Trading. 1. Responsible for global and domestic settlement management, including electronic trade date confirmation, web-based settlement instructions management, resolution of unmatched market trades, repurchase agreement collateral management, currency netting, fail trade tracking, resolution and reporting and claims management 2. Responsible for management of derivative positions (futures, swap, options, currency forwards, non-deliverable forwards, short selling), including trade confirmation (novation support), trade communication, three-way position reconciliation, daily mark-to-market calculation and analysis, collateral management, internal asset segregation, credit event management, cash movements, resets and reporting 3. Oversight of internal and external trade routing and delivery, including; monitoring and issue resolution for trade delivery to custodians/record keepers (swift, fax, flat file) and trade recapture reporting generation and delivery 4. Working knowledge of the middle office workflows, industry trading platforms and databases. 5. Coordinate with internal / external technology resources (business analysts, system developers, programmers) to research problems and recommend solutions 6. Oversight of work produced by the Settlement Analysts; prioritizing, training and delegating business unit responsibilities 7. Regular interaction with Settlement Manager regarding oversight and escalation of operational issues 8. Prioritizes and makes decisions relating to daily operational issues as they arise HOURS/LOCATION: 1. 8:30 a.m. - 5:00 p.m. (Overtime as required) 2. Federated Hermes Tower - Pittsburgh, PA 15222 EXPLANATORY COMMENTS: 1. Excellent communication and interpersonal skills, cooperative attitude 2. Ability to work independently within deadlines 3. Demonstrate effective decision-making, problem solving, and analytical skills with particular attention given to detail and accuracy 4. Demonstrate flexibility and the ability to lead a team and build strong business relationships For consideration, please visit our company website and reference job #9822 For additional information, please visit FederatedHermes.com Federated Hermes, Inc. offers a competitive salary and benefits package along with a professional environment. Only those candidates in whom we have an interest will be contacted. The firm does not sponsor employment visas EOE - Including Disability / Vets Federated Hermes is committed to providing equal employment opportunities in all aspects of employment to qualified individuals without regard to the following criteria: race, color, national origin, religion, sex, pregnancy, sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status or genetic information as well as any other prohibited criteria under any local, state or federal law applicable to Federated Hermes. As part of the firm's equal employment opportunity statement, Federa ed Hermes will also comply with applicable government contractor obligations, including ensuring veterans and qualified people with disabilities are considered for employment and promotional opportunities consistent with current federal, state and local laws and regulations. Federated Hermes will also make reasonable accommodations for the religious practices of beliefs of applicants and employees, as well as for mental health or physical disability needs.

Similar jobs, posted recently

Open roles like this one, listed in the last 30 days.

You've read the whole posting — now see how you match it.