Assoc Consultant, Derivatives

The Opportunity:

As an Associate Consultant in the Derivatives Practice, you will have broad, in-depth knowledge of the business, be technically competent to act as a first point of reference for day-to-day queries and serve as a liaison to related areas. You will carry out relatively complex, extensive, high-profile activities and direct interaction with clients, partners and senior management. You will demonstrate excellent analytical, consultative, communication and judgment skills. You may manage a function, lead projects and/or train lower-level staff. In this role, you will operate until general supervision, but independently most of the time.

The Impact:

• Provides dedicated, specialized reconciliation break identification and resolution activity
• Be a single point of contact to understand operational health and support for client
• Performs timely exception resolution and narration on open break items
• Consistently works to reduce break resolution turnaround time
• Identifies recurring items and themes and works to mitigate issues and implement preventative measures
• Works effectively both as a team member and an independent, self-motivated individual
• Serves as a Subject Matter Expert and mentors junior level employees
• Identifies opportunities for improvement within existing technology applications and acts as a liaison with Partner areas to drive resolution
• Focuses on maintenance and implementation of policies and procedures in the function, building towards becoming an area expert
• Independently builds relationships with internal and client contacts
• Acts as escalation point of contact for client issues or inquiries
• Understands current Service Level Agreements (SLAs) that are directly related to job function(s)

The Minimum Qualifications:

• High School Diploma

• Excellent oral and written communication skills
• Proven ability to prioritize and multi-task
• Analytical with excellent problem-solving skills
• Knowledge of financial services, asset management and/or investment operations
• Detail oriented
• Works with a sense of urgency
• 2+ years Functional / Industry Experience in Derivatives, Middle Office Operations, Investment Management is required

The Ideal Qualifications:

• Associate or Bachelor's degree
• 5+ years of relevant work experience
• Previous Financial Industry Operations, Asset Management and/or Investment Operations experience
• Proven ability to build strong relationships with partners on site/ across business lines/ juniors and seniors
• A proactive approach to problem solving, taking ownership of issues and having the determination to follow through. Escalate issues as appropriate
• General knowledge of Derivatives
• Exposure to business process and/or technology enhancement initiatives
• Competencies in one or more of the following is preferred: Bloomberg, GMI, , Summit, OCC

• Experience with exception resolution

• Exposure and understanding of Risk, Audit and Compliance factors