OTC Pricing - Officer

State Street • Sacramento, CA

2d • $60,000 - $101,250

About The Position

Why this role is important to us The candidate will be responsible for accurately administering domestic and foreign derivatives, including but not limited to swaps and options. This individual resolves data quality issues through interaction with other internal and external parties. The individual acts as a resource within the assigned business unit to support transactions in accordance with established procedures. This individual performs various daily tasks within the business unit as necessary to support routines.

Requirements

• Bachelor’s Degree with emphasis in accounting, finance, or economics preferred.
• Proven negotiation and influencing skills.
• Demonstrated creative problem-solving skills.
• Excellent communication skills, including expressing complex ideas and concepts.
• Computer proficient, including spreadsheet and database.

Nice To Haves

• Advanced Visual Basic and/or SharePoint experience a plus.

Responsibilities

• Administer all derivative trades in investment accounting system and OTC platform accurately and timely.
• Support calculation, confirmation, audits, and controls surrounding OTC Derivatives.
• Solid understanding of OTC swaps products is preferred.
• Solid understanding of the swap life cycle is preferred.
• Complete various position and payment reconciliations.
• Adhere to established operating, risk, and compliance controls and standard operating procedures.
• Elevate areas of potential loss/exposure immediately and include supporting documentation.
• Knowledge of downstream effects and economic impact of the different types of derivatives.

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
• For a full overview, visit https://hrportal.ehr.com/statestreet/Home

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees