• Are you looking for a company that is dedicated to developing and building your career?
• Do you want to work at a company that puts its employees and culture at the forefront of everything they do?
• Do you want to be part of a global team that is taking the financial services industry by storm?

If your answer to these questions is "yes", then STP may be right for you!

Company Overview

STP Investment Services is a collaborative partner providing scalable and transparent front, middle, and back office solutions to investment managers, funds, and plan sponsors giving them the technology, expertise and confidence needed to focus on core business objectives. STP Investment Services, an international company with fully owned offices in the United States and India, provides a broad range of services for the asset management industry with capabilities to process all asset classes and meet ever-evolving business requirements.

STP employees enjoy the following benefits:

• Competitive compensation plus a performance bonus
• Generous PTO policy in addition to your birthday as a free day off!
• 401k Matching program
• Competitive health benefits (Medical, Vision, Dental, Life, and Disability Insurance)
• Volunteer Time Off (VTO). We pay you to do good in your community!
• Strong growth and advancement opportunities

Summary/Objective

STP is looking for an experienced candidate with a deep knowledge of OTC Derivatives to lead the creation of a small group in charge of creating and maintaining the firm’s unlisted security masters. The candidate must have a front-to-back knowledge of the following products: Swaps (TRS, IRS, CDS, CS-), Forwards, Repos/Sell-Buy-Backs, PIK Bonds, Term Loans, Futures & Options, Rights, warrants, Private Placements, Commercial Paper etc.

This candidate will initially serve as the firm’s subject-matter expert and will work directly with the firm’s Operation Verticals and Technology team to create and deliver a standardized solution for OTC products that the firm’s clients trade that can be leveraged across all business verticals. This candidate will be the face of our derivative offering.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Oversee the creation, implementation, and steady state operating model of the Shared Services OTC vertical.
• Continuously monitor and update operating model to changing business needs
• Will lead client discussions concerning OTC assets.
• Perform processing and daily maintenance for derivative swap trades.
• Reconcile and research position, interest accruals, and other variances
• Perform daily or weekly reporting functions for the team’s activities
• Maintain knowledge of current alternative procedures and processes
• Ensure quality and efficiency for business-facing reports and outputs
• Partner with Business Solutions, Account Managers, and Global Operations to ensure appropriate controls are in place
• Understand and stay abreast of industry evolution, collaborate with business and technology to assess impact of industry and regulatory changes
• Leverage service providers, peer networks and user collaboration sources to evaluate and monitor for best practices
• Respond to ad-hoc requests and participate in special projects as needed
• Superior internal and client service skills; ability to own day-to-day management of client experience and engage with senior level staff
• Experienced leader with deep knowledge of OTC Derivatives & ISDA standards
• Highly collaborative individual that can influence people, solve problems as part of a group, voice their opinion, and is open to challenging the status quo
• Flexible and independent team player who is comfortable leaving their comfort zone and thinking creatively
• Inquisitive and analytically minded individual who can articulate complex problems in a concise and clear manner

Competencies

• Technical Capacity.
• Organizational Skills.
• Communication Proficiency.
• Customer/Client Focus.
• Time Management.
• Collaboration Skills

• 
  Bachelor’s degree in Finance, Accounting or a related discipline, or equivalent work experience is required.
• Experience with prior accounting systems and dealing with security masters is required
• 4 + years working with complex OTC products Swaps (TRS, IRS, CDS, CS-), Forwards, Repos/Sell-Buy-Backs, PIC Bonds, Term Loans, Futures & Options, Rights, warrants, Private Placements, Commercial Paper etc. is required

Preferred Education and Experience

• Experience with middle office accounting software systems.
• Management experience is a plus
• Proficient in Microsoft Office Suite
• Eagle experience a plus

Additional Eligibility Qualifications

None

Work Authorization/Security Clearance

None

EEO Statement

STP is an equal opportunity employer and does not discriminate against any employee, applicant, or any other covered person on the basis of a person's race, color, religion, creed, national origin or ancestry, ethnicity, sex (including pregnancy), gender (including gender nonconformity and status as a transgender or transsexual individual), age (40 and over), citizenship, past, current or prospective service in the uniformed services, genetic information, having a diploma based on passing a general educational development test as compared to a high school diploma, physical or mental disability, non-job related handicap or disability, known relationship or association with a person who has a handicap or disability, use of a guide or support animal because of blindness, deafness or physical handicap, other protected characteristics recognized by applicable county or local law, or any other characteristic protected under federal, state or local law (“Protected Characteristic”).

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.