Job Number: MS03441Location: NY - New York City
Date Posted: 2017-04-28
Salary Range: $101-125k
Premiere Hedge Fund is seeking an OTC Confirms Associate!Company Information:
Name: Premier Hedge FundJob Description:
This position will work on negotiating master confirmation agreements and long form templates, processing long form confirmations such as correlation swaps, asset strips, and equity swaps when PSA's are not available and liaising with legal, compliance and the front office regarding legal and business specific provisions and terms in our confirmations. The associate will coordinate internal and external meetings and conference calls to discuss confirm negotiations and review legal documentation related to our confirm negotiations. The candidate will ensure confirm terms are similar to past agreements and in agreement to market standard, and will be responsible for following up with counterparties on outstanding confirmations. The role will create a weekly aging report that tracks open trade confirmations, participate in broker reviews/scorecard meetings and provide support for OTC confirm related audit requests. The associate will work on electronic confirmation platforms to support bilateral swaps.Requirements / Qualifications:
2-5 years of experience in OTC swap confirmations at a hedge fund, investment manager, fund administrator, or other financial services firm, and will be a proactive, detail-oriented, organized individual.