BankUnited Financial-posted 2 months ago
Miami Lakes, FL
1,001-5,000 employees
Credit Intermediation and Related Activities

The BankUnited Capital Markets Interest Rate Derivatives and Foreign Exchange Team deliver risk management strategies, product structuring solutions, and international payments. The Corporate Treasury team is seeking an experienced Middle Office Associate that will provide middle and back-office operations for the Capital Markets Derivatives & Foreign Exchange Team. This role requires a solid understanding of international payments, derivative instruments, current regulatory developments, and the legal framework surrounding derivatives. This role is responsible for processing transactions that support Capital Markets Sales & Trading and requires the ability to work in a fast-paced environment and multitask with strong communication skills. Additional responsibilities include communicating with clients, confirming and advising on internal payment status and investigations, reviewing and advising clients on payment instructions, handling post trade documentation, and reconciling monthly payments. A key focus of the role will be identifying and implementing opportunities to improve operational efficiency across middle and back-office functions. Additionally, the associate will be responsible for maintaining accurate and up-to-date documentation of procedures and workflows.

  • Support FX Spot transactions, Forward Contracts, NDFs, Interest Rate Derivatives, etc.
  • Monitor trade lifecycles, including pre and post trade capture, confirmations, settlements, international payments, SWIFT messaging, and wire investigations.
  • Manage the execution and clearing of derivatives trades (Rates & FX), ensuring compliance with regulatory requirements.
  • Assist in the implementation of risk management strategies to mitigate market and operational risk associated with derivatives and foreign exchange.
  • Ensure all transactions comply with internal risk management guidelines and regulatory requirements.
  • Collaborate with the Risk and Compliance teams to mitigate any potential risks related to the transactions.
  • Provide regular reports on operational activity to senior management as needed.
  • Identify opportunities for process optimization and automation to improve efficiency.
  • Stay up to date with relevant regulations and ensure compliance with applicable laws (including OFAC and Dodd-Frank).
  • Assist in systems and platform upgrades to our derivatives and foreign exchange management system.
  • Identify opportunities to improve processes and drive customer satisfaction, sharing findings and recommendations with management.
  • Adhere to and comply with applicable federal and state laws, regulations and guidance, including those related to anti-money laundering.
  • Adhere to Bank policies and procedures and complete required training.
  • Identify and report suspicious activity.
  • Bachelor's Degree required.
  • 4+ Years experience managing and supporting international payments and derivatives sales & trading operations required.
  • Professional expertise in back-office Operations, knowledge and understanding of Capital Markets products which are sold by a regional financial institution required.
  • Attention to detail, strong communication, interpersonal skills, and the ability to multitask.
  • Strong knowledge of financial markets, derivatives products, and risk management.
  • Proficiency in relevant software and trading platforms is a plus (Chatham, DerivativePath, Fiserv, Finzly, and/or similar trading systems).
  • Analytical mindset with the ability to solve complex problems.
  • Proficient in Microsoft Office (Outlook, Word, Excel, PowerPoint).
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