Macro Operations Analyst
Fortress Investment Group LLC - New York, NY

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The successful candidate will work within the Operations Group. The position will offer the candidate exposure to Macro, Equity, Rates, Credit, Volatility, and Commodity strategies across Listed and OTC Derivatives. The position requires extensive interaction with Fortress’s portfolio managers, traders, counterparties and internal support departments (Middle Office, Treasury, Legal, Risk, Compliance, Accounting, IT, and Software Development)

The Macro Operations Analyst will:
  • Support traders with the operational process of Listed and OTC derivatives products
  • Confirm and reconcile trades between Fortress execution desk and Counterparty desks
  • Review trade confirmations for all Listed and OTC derivative products (as stated above)
  • Maintain and confirm allocations of trades between the Fortress funds and various managed accounts
  • Utilize Ice Link/DTCC/Deriv Serv and other electronic matching services for official confirmation
  • Elevate and resolve any disputes with Counterparties on a timely basis
  • Maintain records and inform execution desk of time-sensitive derivative expiries and fixings
  • Reconcile positions between front office and back office systems
  • Monitor and analyze daily trades and the effects on the portfolio
  • Engage with counterparties on discussions of margining and cash payments
  • Process and oversee the settlement process
  • Monitor and track down confirmations for open positions
  • Resolve position/cash breaks between our portfolio and the banks on a daily basis
  • Involvement in various projects
The ideal candidate will have:
  • A bachelor's degree
  • 3-5+ years of experience and knowledge of Listed and OTC Derivatives products
  • Prior experience with foreign exchange markets trading and settlement
  • Operations, Middle Office, and Accounting experience preferred
  • Excellent communication and interpersonal skills
  • Excellent analytical and quantitative skills; strong attention to detail
  • Ability to work well and adapt quickly in a fast-paced, team-oriented environment
  • Advanced knowledge of Microsoft Excel preferred

Fortress Investment Group LLC - 18 months ago - save job - copy to clipboard - block
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