Treasury (Debt & Derivatives) at Confidential company

Duration: 6 months (potential to extend)

Schedule: 8:30 AM - 5 PM, M-F (bank in NYC closes at 5 PM CST)

Hybrid: On-site at least once a week but could be more based on business needs; Candidate needs to be on-site every day for first month (5 days/week) to complete the trainings.

Job Description:

• Looking for a candidate who should be able to learn and understand the work quickly and can perform the tasks with minimal assistance. Someone who can do some research by themselves own on regular basis and take notes.
• Main focus: Debt & Derivatives – read the Agreement and process it (Training will be provided).
• Ability to transform agreements to working practices.
• Great advanced Excel skills and experience working with banking applications (technical skills).

Job Summary:

• This position will work with our Treasury Operations group, which covers the Middle Office tasks of daily review, confirmation, research, and settlement on global and domestic debts (bond, loan, asset-backed security) and derivatives (swap and swap clearing) as well as investments such as Money Market Funds, Money Market Accounts, Euro Time Deposits, Equity, plus commercial paper and Inter-company loans. 
• In addition, daily process of Collateral Support Annex (CSA) margin call and monthly ABS servicing.
• Administrative tasks include updating procedures and checking/responding to group emails.
• This individual will be helping in identifying/finding and resolving discrepancies between cash flows generated by company’s system of record and cash flows from external parties and other issues that may appear from time to time.
• Participating in projects as needed

Job Duties:

• Validate and confirm daily settlements of debt and derivative via RAPID and Wall Street Suite (WSS)
• Ensure daily CSA confirmations are performed with external counterparties and processed in RAPID T3
• Validate and confirm daily Investments in WSS on trade date for MMF, MMA, ETD, Equity and Inter-company loan transactions.
• Ensure daily transmission for commercial paper is processed in ATOM and WSS
• Contact counterparties – worldwide banks – when issues arise or team is not getting response, execute follow-up, negotiate, confirm, or find a way to resolve the matter.
• Research to resolve issues, document process, and propose solution.
• Compile, maintain or update desk procedure/documentation as required

Requirements:

Must Haves:

• Bachelor degree – Mandatory
• Advanced Excel – must know pivot tables, v-lookups, conditional formatting, and formulas (no macros)
• Self-sufficient, organize and reliable.
• Ability to transform agreements to working practices.
• Due diligence, strong attention to detail, and research skills
• Daily treasury operations, confirmation, and settlement experience (hands-on)
• Capability to prioritize daily tasks, and make good decision to move team in the right direction.
• Aptitude to work on everything from simple daily data entry to higher-level work (“no task is too small” attitude)
• Strong verbal communication skills (talking with internal and external counterparties daily) – must be able to negotiate, and be firm but friendly.
• Able to multi-task and remain focus under pressure.
• Willingness to learn, ambitious person attitudes desired.
• Collaborative with cheerful outlook

Preferred/ Nice-to-haves:

• Knowledge in debt products (ABS, Bonds, Loan, etc.) as well as derivatives.
• Debt and Derivative
• Experience in Treasury Operations is preferred
• Salesforce
• Wall Street Suite experience is highly preferred but not mandatory - if candidates have any other treasury platform experience that should work too.