Senior Derivatives Operations Analyst – Market Data & Trading Controls

Axiom Path • New York, NY

4d • Onsite

About The Position

Support derivatives trading in a fast-paced capital markets environment by maintaining accurate market data, disciplined operational controls, and reliable daily execution. Work alongside Front Office, Middle Office, and Technology teams to protect the integrity of critical trading information, improve operational processes, and support informed decision-making across complex financial products.

The role manages daily market data operations and validates pricing information and valuation inputs before daily sign-off. It investigates exceptions and discrepancies, maintains operating procedures and control documentation, executes recurring trading support processes, and identifies opportunities to improve validation and automate recurring tasks.

This is a W2-only engagement in New York, NY, and is 100% onsite. The contract is approximately three months.

Requirements

• 3–5 years of relevant experience in capital markets operations, derivatives support, market data management, trading controls, or a closely related financial services function.
• Working knowledge of derivative instruments such as interest rate swaps, options, caps, floors, swaptions, and structured products.
• Experience maintaining, validating, analyzing, or reconciling market data used in trading or valuation processes.
• Strong Microsoft Excel proficiency, including analyzing financial data, identifying discrepancies, and performing detailed validation checks.
• Experience using Python, VBA, SQL, or comparable programming tools for data analysis, process automation, or operational reporting.
• Strong analytical judgment and ability to investigate unexpected results rather than relying exclusively on automated system indicators.
• Ownership of recurring business-as-usual processes and ability to learn detailed procedures and execute them independently.
• Exceptional attention to detail, organization, and consistency when handling time-sensitive financial information.
• Effective communication skills and experience collaborating with trading, operations, technology, and other business stakeholders.
• Ability to adapt quickly to complex workflows, document process changes, and maintain accuracy under daily operational deadlines.

Responsibilities

• Manage daily market data operations supporting derivatives trading, including interest rate curves, swap rates, credit spreads, and exchange-traded security prices across multiple currencies.
• Validate pricing information and valuation inputs for completeness, consistency, and accuracy before daily sign-off.
• Investigate market data exceptions, pricing discrepancies, and unexpected system results; identify root causes and coordinate resolutions.
• Maintain understanding of data sources, upstream and downstream dependencies, manual adjustments, and operational control requirements.
• Execute recurring trading support processes consistently, accurately, and with increasing independence.
• Develop and maintain operating procedures, reconciliation checklists, and control documentation for reliable daily execution.
• Partner with Front Office, Middle Office, and Technology stakeholders to resolve issues affecting trading data and operational workflows.
• Identify opportunities to improve data validation, streamline recurring tasks, and strengthen controls through automation and process enhancements.

What This Job Offers

• Career Level: Senior
• Education Level: No Education Listed