FI Int Rate Ops Support Analyst I

Stifel•Cleveland, OH

5d•Onsite

About The Position

The Operations Support Analyst I requires a clear understanding of the department functions and procedures and communicates with personnel to initiate instructions submitted by bank clients. The Operations Support Analyst I is expected to have a working knowledge of all department systems that relate to the account processing group's responsibilities.

Requirements

Ability to learn a general understanding of rules/regulations and policies that pertain to the department.
Initiative and self-direction when performing tasks with the ability to organize and prioritize effectively to meet deadlines.
Able to handle large workload that varies based on projects and heavy volume periods.
Bachelor's Degree in Finance or Accounting.
1-3 years of experience.
Proficient in Microsoft Excel, Word, PowerPoint, and Outlook.

Responsibilities

Trade booking of interest rate derivative products (interest rate swaps and options including caps, collars, and floors) in the derivatives back office system.
Daily portfolio valuations for bank clients.
Preparation, distribution, and collection of swap documentation.
Review loan documentation to ensure cross-collateralization of the loan and swap products to ensure loan terms match the swap structure.
Preparation and transmission of all settlement and rate reset notifications and corresponding reports to bank clients.
Regulatory reporting, trade affirmations, and additional projects as they arise.