Trade Operations Support

Location: Boston
Role Type: Full Time

Delta Capita’s Post Trade Services team works with Tier 1 Investment Banks and Asset Management clients across all securities and markets. As a Trade Operations Analyst, you will help clients keep their trades accurate and complete, while protecting them against operational and settlement risk.

Key Responsibilities

• Confirm and match trades in a timely manner

• Monitor incoming correspondence to identify and mitigate potential settlement risk

• Resolve settlement issues and track unconfirmed or failing trades to completion

• Investigate and clear custodian breaks

• Perform daily reconciliation of cash and positions

• Work with custodians and prime brokers to improve straight-through processing (STP) rates

• Perform monthly CSDR investigations and process reimbursements as required

• Review derivative trade confirmations to ensure accuracy

• Escalate and track disputes on derivative confirmations with counterparties

• Manage trade amendments, corporate actions and reference data to ensure positions, P&L and exposures are accurately reflected

• Handle equity swap resets, financing adjustments and dividend pass-throughs

• Support the reconciliation of swap valuations and cashflows against counterparty statements

Required experience

• 1-3 years of experience

• Hands-on experience with equity swap or total return swap confirmations and settlements

• Working knowledge of ISDA master agreements and credit support annexes (CSAs)

• Experience using trade matching or confirmation platforms such as DTCC CTM, Markit or Traiana

• Familiarity with corporate action processing and its impact on swap positions

• Experience with exception management and break resolution in a high-volume environment

• Exposure to regulatory reporting obligations

Salary Range: $70,000-$85,000

Expectations Regarding Hybrid Working:

As we are a Service Provider and Consulting firm servicing clients, our policy on physically working from the office (which may be the client’s offices or our own offices depending on the client) aligns to what our client’s policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly, this is also the minimum expectation that Delta Capita requires. However, some of our clients have now moved up to 4 or even 5 days in the office and we require candidates to be flexible to meet our clients’ demands. 

How We Work:

Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.

As the selection and interview process is ongoing, please submit your application in English as soon as possible. If your profile is selected, a member of our team will contact you. For this role a valid work authorization for the US is mandatory.

Who We Are:

Delta Capita Group (a member of the Prytek Group) is a global managed services, consulting and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non-differentiating services.

·        Managed Services

·        Resource Augmentation

·        Consulting

·        Technology

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To learn more about Delta Capita and our culture click here: Working at DC - Delta Capita.