Senior Derivatives Trade Support Consultant
Risk, Compliance, and Governance | Financial Crime ServicesJersey City, New Jersey, United States
Position Summary
Are you an experienced, passionate pioneer in technology who wants to work in a collaborative environment? As an experienced Senior Derivatives Trade Support Consultant - Project Delivery Specialist II you will have the ability to share new ideas and collaborate on projects as a consultant without the extensive demands of travel. If so, consider an opportunity with Deloitte under our Project Delivery Talent Model. Project Delivery Model (PDM) is a talent model that is tailored specifically for long-term, onsite client service delivery.
Work you’ll do/Responsibilities
Oversee derivatives clearing back-office operations, with a primary emphasis on margin management and reconciliation. Ensure the accurate and timely settlement of trades by coordinating with internal teams and external counterparties, you will likely be involved in:
- Monitor and manage margin requirements for cleared derivatives, ensuring strict adherence to regulatory standards and internal policies.
- Reconcile margin calls and settlements across clients, clearinghouses, and internal systems to maintain operational accuracy and integrity.
- Investigate and resolve discrepancies related to margin, collateral, and trade settlements, proactively mitigating operational risk.
- Maintain comprehensive and accurate records, preparing detailed reports to support audits and regulatory reviews.
The Team
Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform their organization. Join our team and use advanced data, AI, and emerging technologies with industry insights to help clients bring clarity from complexity and accelerate their path to value creation.
Our Enterprise Operations & Risk offering enables clients to achieve profitable growth and competitive advantage by optimizing “heart of the business” operations. We leverage deep domain expertise to extend enterprise resilience, agility, and remediation. Our professionals address client needs which span the organization and impact strategy, operations, performance, and reputation.
Qualifications
Required
- 7+ years of experience in Derivatives or Clearing Operations
- 7+ Years Experience in monitoring and process margin requirements for cleared derivatives, ensuring compliance with regulatory and internal policies.
- 7+ years of experience with trade settlements
- 7+ Years Experience working in client facing roles
- 7+ Years experience with audit, or regulatory reviews
- Bachelor’s degree in Finance, Business, Law, Criminal Justice, or a related field; or equivalent experience
- Limited immigration sponsorship may be available
- Ability to travel 10%, on average, based on the work you do and the clients and industries/sectors you serve
Preferred
- Certifications
- Regulatory experience
- Analytical/ Decision Making Responsibilities
- Analytical ability to manage multiple projects and prioritize tasks into manageable work products
- Can operate independently or with minimum supervision
- Excellent Written and Communication Skills
- Ability to deliver technical demonstrations
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $93,200 to $155,400.
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html
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From entry-level employees to senior leaders, we believe there’s always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career. As used in this posting, "Deloitte" means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see https://www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law. Requisition code: 309987 Job ID 309987