Senior Associate, CDSClear-Middle Office
LSEG · New York City, New York, US
Middle-Office, CDSClear Operations Location : New York, US Function : CDSClear Operations – Middle-Office Officer (US) Working pattern: US business hours, wi...
Job description
Middle-Office, CDSClear Operations Location : New York, US: Function : CDSClear Operations – Middle-Office Officer (US) Working pattern: US business hours, with extended coverage as required to support US market activity Role Purpose: Provide accountable operational coverage during US market hours for CDSClear, ensuring continuity of the clearing service across time zones and supporting the follow-the-sun operating model through structured handovers with Paris. The role covers the management of key operational activities during US market hours, including: ·Daily operational trade management: monitoring and processing of all events impacting trades (novation, credit events, succession events, compression, transfers and default-related activity where applicable); trade flow monitoring and rejected trade management; margin call monitoring and margin simulations; support for increased volumes through backloading and intraday clearing; option exercise management. ·Member and client support: assist US clients with day-to-day clearing operations; manage member requests through Service Cloud; incident management including identification, critical issue and resolution during US hours. ·End...