Confirmation Analyst

Confirmation Analyst

Location: Juno Beach, FL

Rate: $30-40/hr

Duration: 6 month C2H

Overview:

We seek a highly skilled and legally astute Trading Confirmations Analyst to join our client's Confirmations team. The Analyst will utilize quantitative methods and tools to discern insights and enhance risk management decision-making processes. This position involves daily coordination and communication with the front office, extensive engagement with external counterparties, and in-depth reviews of legal documents. The successful candidate will play a critical role in ensuring the legal confirmation of transactions and mitigating risks associated with complex deals.

The Ideal Candidate Should Possess The Following Qualifications

• Proven derivative and or legal contract experience.
• Proven success in confirmations management in a trading firm, preferably in commodities, 5+ years.
• Strong experience with master agreements ISDAs, NAESBs, EEIs, and related collateral agreements (CSA).
• Sound understanding of physical trading and derivatives and the trade lifecycle.
• Demonstrated ability to collaborate effectively with team members.
• Strong critical thinking and creative problem-solving skills.
• Exceptional attention to detail and communication skills.
• Comfort working under tight deadlines.
• Proficiency in Excel, SQL, and PowerBI; Python expertise is a plus.
• Experience with Endure or other ETRM a plus.
• Degree in a business or legal discipline.
• Collegiality and truly good interpersonal skills balanced with a disciplined risk management approach.
• Professional passionate about risk management

This job description is intended to convey information essential to understanding the position's scope and the general nature and level of work to be performed. It is not an exhaustive list of qualifications, duties, responsibilities, or requirements.

Job Overview

This position is responsible for ensuring the energy marketing functions are operating in a controlled environment and within established risk management limits. Employees in this role review daily trading position exposures, including time and location spreads, cross commodity arbitrage, options and hedging activity against approved limits. This position works with the Front Office and Risk teams to understand new and existing trading strategies for risk review and reporting and ensures correct application of pricing methodologies.

Job Duties & Responsibilities

• Conducts daily transaction exposure analysis and review including troubleshooting and investigation of Profit and Loss and Value at Risk movements
• Ensures accuracy of pricing data within the Risk systems on a daily, monthly and quarterly basis
• Performs daily deal verification procedures and independent price verification at regular intervals
• Coordinates with the Systems team to complete new pricing requests and enhance processes and reporting tools
• Communicates price disclosures to appropriate parties
• Completes quarter end and SOX related processes
• Works with origination and other front office groups to interpret valuations, respond to trader requests, and evaluate structured transactions
• Prepares presentations for management to explain and review risks and trading strategies
• Supports medium and long term projects within the group aimed at increasing efficiencies and coverage of the controls
• Performs other job-related duties as assigned

Required Qualifications:

• High School Grad / GED
• Bachelors or Equivalent Experience
• Experience: 2+ years

Pluss:

Strong Excel

PowerBI

SQL

Python

EEO Employer

Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law.