Operations Analyst

At Parametric, we offer competitive salaries, generous benefits and opportunities for growth and development. We invite you to explore our available job opportunities listed below and look forward to having you become a part of our continued success!

General Description

The Operations Analyst is responsible for the implementation of controls such as reconciliations and trade confirmations for a variety of asset classes.  Other priorities include trade settlement, management of cash and positions, and the ongoing improvement of operational effectiveness.

Primary Responsibilities

  • Reconcile trades and other transactions against various resources such as brokers and custodians.
  • Instruct, monitor and verify the settlement of trades, and the transfers of positions and cash.
  • Research and resolve trade and account discrepancies in a timely manner to minimize fails and unnecessary expense.
  • Leverage business relationships with counterparties to negotiate and expedite the implementation of operational solutions and improvements.
  • Analyze daily collateral needs.  Monitor counterparty exposure and transfer collateral to minimize credit risk for clients.
  • Research and resolve complex problems involving asset valuation, ISDA terms & protocols, settlement calculations, security profiles, system applications and logic.
  • Review and advise in the negotiation and operational implementation of ISDA/CSA agreements.
  • Escalation of urgent issues, aged reconciliation discrepancies and breakdowns in operational controls.
  • Process ad-hoc requests from trading, accounting and clients.
  • Assist in the automation of operational processes; propose solutions, liaise with developers and test enhancements.
  • Cross-train on all departmental responsibilities.
  • Maintain current operational procedures.
  • Other duties as assigned.

Job Requirements

  • Associates (2yr) or Bachelor’s (4yr) degree in Finance, Accounting or Economics preferred
  • 3+ years experience in confirmation, settlement and asset servicing of futures, options, OTC derivatives, stocks, bonds and ABS/MBS in financial operations
  • Familiar with DTCC, ICELink, MarkitSERV, ALERT and TriOptima’s suite of products
  • Competent in Microsoft Office with strong skills in Excel, VBA/Macros a plus
  • Strong attention to detail and ability to work independently under tight deadlines
  • Conduct responsibilities in a manner consistent with Parametric’s business needs and objectives
  • May potentially be required to work alternate hours as needed for training purposes (limited basis only)

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