Bethesda, Maryland, United States
Full trade life cycle specialist with extensive cross-functional experience, delivering subject matter expertise to support business analysis and process improvement Products: Fixed Income, Equities, FX and OTC Derivatives. Platforms/Systems: Bloomberg, Calypso, Aladdin, Markitwire, Murex, Reuters, Wall Street, DTCC, Summit, ICE, Trade Web, BONY Nexen and MYSS ( State Street Platform)
Led migration between custodial banks, achieving accurate transmission of domestic and international equities and fixed income. Coordinated testing between Bloomberg OMS and new custodial bank to automate derivatives for defined benefit and contribution plans
Fixed Income Derivatives Supervisor, Global Portfolio Services Invesco -Support countless exchange-traded (ETD), over-the-counter (OTC), and cleared instruments, including, but not limited to: Interest Rate Swaps (IRS), Credit Default Swaps (CDS/CDX), Total Return Swaps (TRS), Overnight Index Swaps (OIS), Inflation Swaps, Options on Bond Futures, Currencies (FXO), and Swaps (e.g. Swaptions/SWO), Rate, Bond, and Currency Futures, and TBAs (including long settlement mortgage products) -Handle, train, and document middle/back office support activities, such as answering/issuing collateral/margin calls, clearing mandated OTC products, affirmation, and confirmation -Calculate and instruct swap coupon and reset payments, collateral principal and interest (on Treasury and Corporate Bonds), and execute Round Robins on TBAs -Educate and train colleagues on the intricacies of derivatives, such as differences in bi-lateral versus cleared products, the use/role of SEFs, central clearing organizations (CCOs) and futures clearing merchants (FCMs), collateral requirements and MTMs, or the behavior of a listed option versus OTC -Provide support and training on multiple MarkitSERV products/applications, such as: Markit Trade Manager (MTM), MarkitWire, DSMatch/DTCC -Execute Futures Give-up Agreements between executing counterparties and clearing merchants -Complete onboarding, set-up, and mapping in countless systems, including BlackRock, Markit, BBG and TW SEF -Register funds with various central clearing organizations/parties (CCOs/CCPs) -Ensure adherence to market practices and conventions based on the tax structure, domicile, and other incorporation factors of an account or fund -Supervise and train a team of fixed income derivatives middle office -Provide support to countless internal and external interested parties, as well as liaise between various functions and organizational levels -Conduct research and compile reporting for regulatory reporting and auditing requirements
AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional clients, individuals and private clients in major markets around the world. AllianceBernstein employs more than 500 investment professionals with expertise in growth equities, value equities, fixed income securities, blend strategies, and alternative investments, and, through its subsidiaries and joint ventures, operates in more than 20 countries. AllianceBernstein’s research disciplines include fundamental research, quantitative research, economic research and currency forecasting capabilities. Through its integrated global platform, AllianceBernstein is well-positioned to tailor investment solutions for its clients. AllianceBernstein also offers independent research, portfolio strategy and brokerage-related services to institutional investors. Responsible for OTC trade capture and affirmation in addition to providing oversight of outsourced functions including collateral management, lifecycle maintenance, settlement and resolving escalated discrepancies with our custodians and counterparties. Report to the manager of Derivative Operations. Additionally, the Middle Office Analyst will collaborate with portfolio management, trading, operations and technology across all asset classes. Specific responsibilities may include but not be limited to: • Liaise directly with clients, addressing their concerns and requests • Perform operations performance measurement and tracking root cause analysis • Ensure all aspects of OTC Derivative trade capture, affirmation, and allocations are carried out in a timely manner • Interact with counterparties to ensure trade activity is agreed on trade date • Perform upfront fee and termination fee calculations for relevant OTC deals on trade date • Assist with implementing industry initiatives as well as internal efficiencies and improvement
UPS Capital is an exciting financial and insurance subsidiary of UPS. UPS Capital consults with customers about the many issues and opportunities presented through a firm's supply chain. As a trusted partner, we identify and structure Risk Mitigation solutions and help our clients leverage assets moving through their supply chain in order to obtain additional working capital for continued growth. Cargo Finance is an unsecured working capital solution that provides the ability to monetize international in-transit inventory on a transactional basis. It allows the customer to leverage their, "in-transit" inventory as collateral which acts as working capital more quickly for daily operations or to seize new opportunities. Customer is able to lower cost of goods and reduce or eliminate the need for letters of credit. Global Asset Based Lending from UPS Capital offers cash advances against foreign inventories and goods in transit to free up funds that might otherwise be tied up in a supply chain for US-based Importers. UPS Capital may work with your firm directly - or in partnership with your current lender - to provide increased availability/eligibility of funds within your borrowing base
• Trade capture for short term money market derivative desk. Products include, interest rate swaps, basis swaps, FX swaps and FX options. • Process end of day P/L reconciliation for money market desk. • Investigate breaks which include economic and rate discrepancies to determine errors with trade booking and payment discrepancies.