Derivatives Trade Support Manager, Rates/Credit

Company: Point72, L.P
Location: Stamford
Posted on: May 26, 2023

Job Description:

A Career with Point72's Derivatives Trade Support Team
The Derivatives Trade Support team is responsible for the daily confirmation and settlement of fixed income, rates, credit, futures, FX and other OTC derivative products. The team is actively engaged with Point72's Front Office, Back Office, Compliance and Technology teams to manage operational risks. The team also works very closely with all of Point72's trading and clearing counterparties.
What you'll do

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• Manage a Trade Support Team responsible for supporting both macro and systematic trading strategies. Product coverage includes interest rate derivatives, credit derivatives, options, term loans, and other OTC derivatives.
  
• Oversight and review of a SOC1 controlled process including position reconciliations, daily trade confirmation and exception management. Work with our prime brokers/FCMs and trading counterparties to resolve and minimize discrepancies.
  
• Manage and participate in cross-functional projects that help support our growing Macro business.
  
• Assist in responding to ad hoc queries from internal and external clients.
  
• Participate in the new PM onboarding process.
  
• Promote a team environment that focuses on continuous improvement of the Team's processes via automation, efficiency, and control.
  
  What's required?
  
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  • 6+ years of experience in the Middle Office Operations function of a financial institution
    
  • Expert-level knowledge of interest rate and credit derivatives
    
  • Experience working with MarkitWire, TradeServ, and ICELink trade affirmation platforms
    
  • Working knowledge of Murex and/or Orchestrade front-end systems is preferred
    
  • Prior leadership experience including managing multiple direct reports
    
  • Superior problem solving and analytical skills
    
  • Strong work ethic, self-motivated, confident
    
  • Excellent communication and interpersonal skills
    
  • Ability to multi-task and adapt to a changing environment
    
  • Sophisticated presentation and project management skills
    
  • High attention to detail aimed at delivering a product that meets our best-in-class standards
    
  • A self-starter who can work independently with little or no direction
    
  • Proficiency in Microsoft Office, particularly Excel. A basic understanding of VBA is helpful but not required
    
  • Commitment to the highest ethical standards
    
    We take care of our people
    We invest in our people, their careers, their health, and their well-being. When you work here, we provide:
    
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    • Fully-paid health care benefits
      
    • Generous parental and family leave policies
      
    • Mental and physical wellness programs
      
    • Volunteer opportunities
      
    • Non-profit matching gift program
      
    • Support for employee-led affinity groups representing women, minorities and the LGBT+ community
      
    • Tuition assistance
      
    • A 401(k) savings program with an employer match and more
      
      About Point72
      Point72 Asset Management is a global firm led by Steven Cohen that invests in multiple asset classes and strategies worldwide. Resting on more than a quarter-century of investing experience, we seek to be the industry's premier asset manager through delivering superior risk-adjusted returns, adhering to the highest ethical standards, and offering the greatest opportunities to the industry's brightest talent. We're inventing the future of finance by revolutionizing how we develop our people and how we use data to shape our thinking. For more information, visit www.Point72.com/working-here.

Keywords: Point72, L.P, Stamford , Derivatives Trade Support Manager, Rates/Credit, Executive , Stamford, Connecticut