Investment & Capital Markets Derivatives Operations Associate
About The Position
At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose. Position Overview: This role will be a part of the Derivative Operations team within Investment and Capital Markets (I&CM) Operations. Derivative Operations provides direct functional support to the Asset and Liability Management desk within the I&CM Division. Apply now and learn why there’s #MoreAtFreddieMac! This position is based onsite 5 days per week in our Plano, TX office! Our Impact: Provide back-office trade support functions such as new security set ups, trade confirmations, settlements, clearance and reconciliations for Derivatives products. Responsible for implementing and maintaining all controls. Your Impact: Perform trade confirmation, settlement, clearance and reconciliation activities Serve as primary support to portfolio managers on the ALM team. Support in all functions related to trade entry, data recording, ad-hoc analysis, and risk management Exercise discretion and independent judgment with documentation and procedures to facilitate effective settlement of asset purchases and sales in a timely and controlled manner Identify and resolve data discrepancies Collaborate with and communicate to external Brokers and Dealers and internal business areas Prepare daily, weekly and monthly reports as needed
Requirements
- Bachelor’s degree in Finance, Business Administration or related field or an equivalent combination of education and experience from which comparable knowledge and skills may be acquired
- 0-2 + years of relatable experience
- Proficiency with Microsoft Excel
- Knowledge in the finance and mortgage industry, specifically Capital Markets products is preferred
- Multi-task/prioritize
- Ability to work in a team environment as well as autonomously under high pressure situations and sensitive deadlines
- Knowledge of Fixed Income Investment products, specifically Swaps, Futures, Options
- Strong problem-solving skills and attention to detail
Nice To Haves
- Knowledge in the finance and mortgage industry, specifically Capital Markets products is preferred
Responsibilities
- Perform trade confirmation, settlement, clearance and reconciliation activities
- Serve as primary support to portfolio managers on the ALM team.
- Support in all functions related to trade entry, data recording, ad-hoc analysis, and risk management
- Exercise discretion and independent judgment with documentation and procedures to facilitate effective settlement of asset purchases and sales in a timely and controlled manner
- Identify and resolve data discrepancies
- Collaborate with and communicate to external Brokers and Dealers and internal business areas
- Prepare daily, weekly and monthly reports as needed
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
