Jobs · Finance · New York

VP, Derivative Confirmations

Phaxis · New York, New York, United States · 1 mo ago
HybridFinanceFull-time

Key Responsibilities

  • Lead and develop a team of Confirmations professionals, ensuring timely dispatch and execution of confirmations with counterparties
  • Identify, escalate, and resolve trade breaks in a timely manner
  • Ensure ongoing compliance with applicable regulatory requirements
  • Maintain proficiency across industry-standard platforms and internal systems
  • Identify process improvement opportunities and implement changes to enhance efficiency and accuracy
  • Contribute to and support testing of system enhancements, new products, and industry initiatives
  • Maintain accurate documentation for all team-owned controls and procedures
  • Serve as a point of escalation and liaison for senior management on confirmation-related matters
  • Cross-train and develop team members to ensure operational coverage and participation in key initiatives
  • Establish clear goals, priorities, and performance benchmarks to drive team productivity and accountability
  • Balance day-to-day operational requirements with the longer-term strategic development of the function
  • Demonstrate a strong customer service mindset in supporting internal and external stakeholders

Qualifications

  • 10+ years of experience in financial services
  • 5+ years of supervisory or team management experience
  • 3+ years of experience in a Confirmations or trade documentation capacity
  • Bachelor's degree required; Finance, Accounting, or related discipline preferred
  • Strong knowledge of regulatory and risk frameworks relevant to Operations
  • Excellent verbal and written communication skills, with the ability to engage diverse audiences
  • Prowess in project management
  • Proven ability to independently assess situations and articulate a clear course of action
  • Proficiency in Microsoft Office suite (Word, Excel, PowerPoint)

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