Securities Operations Specialist - Futures and Options

Company: Western Asset Management Company
Location: Pasadena
Posted on: January 15, 2020

Job Description:

OVERVIEW

Invest in your future as you invest for our clients



As an F&OSpecialist you ll be responsible for the settlements processing of Futures and Options, interacting with the Trading Desk, as well as assisting various departments within the company. You ll provide oversight and manage custodian bank relationships and ensure trades are settled in a timely manner. It s a great stepping stone to a future within our highly entrepreneurial, fixed-income investment business.

Individual is responsible for ensuring accuracy and timeliness in the day to day F&O operations. Interacting with trading desk, execution/clearing brokers and custodians. Confirming and settling trades as well as assisting various departments within the company.



RESPONSIBILITIES

* Responsible for daily Future and Option trade processing and confirmation

* Coordinating collateral movements for daily initial margin requirement and managing excess

* Interacting with brokers and custodians to resolve issues and breaks

* Managing daily variation margin movements

* Monitoring and processing option expirations

* Assisting in audit request by providing appropriate supporting documentation

* Maintaining clearing broker account information

* Ensuring all activities are performed in a controlled manner

* Taking on ad hoc assignments and projects as needed

* Provide operational support for global offices that trade F&O

Find a place for your ideas

Specializing in settling F&O trades, you will collaborate with the wider team to support daily investment operation activities. This is a fast-moving field, with ever- greater calibration to niche operational needs, so there are plenty of opportunities for learning and development. Ready to deal with multiple, challenging demands, you ll be energetic, creative, resourceful and, above all, user-focused. You ll thrive in our non-hierarchical, entrepreneurial culture where your ideas will be heard, and your input valued.

QUALIFICATIONS

* Knowledge of Futures and Options products

* Comprehensive understanding of Futures and Options securities operations

* Able to work accurately and effectively under tight deadlines

* Strong communication skills

* Strong computer skills and a good working knowledge of Microsoft Excel/VBA/Python

* Strong analytical and problem solving skills

* Three to five plus years of related experience



Academic Qualifications (minimum requirements):

Undergraduate degree in related fields.



About Western Asset

At Western Asset we re saying hello to the future. Committed to being the leading fixed-income investment management firm in the world, we re investing in new technologies, methodologies and markets. We re also investing in our people. Our business is guided by a belief in doing the right thing: that if we treat our clients and colleagues with fairness and respect, success will follow. We re building on our reputation and resources with an entrepreneurial approach that drives innovation. Every day is an opportunity for us to get better by making the most of the possibilities that our people and ideas can bring.







EQUAL EMPLOYMENT OPPORTUNITY (EEO) Western Asset Management is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, age, marital status, medical condition (including pregnancy and related conditions), physical or mental disability, protected veteran status, and/or any other characteristic protected by law.


Equal Employment Opportunity Statement : https://westernasset.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=74377&hashed=626017433

Pay Transparency Notice : https://westernasset.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=74378&hashed=685238170

Equal Employment Opportunity Poster : https://westernasset.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=74379&hashed=744458907

Equal Employment Opportunity Poster Supplement : https://westernasset.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=74380&hashed=2047315121

Vietnam Era Veterans Readjustment Assistance Act : https://westernasset.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=74381&hashed=2106535858

Keywords: Western Asset Management Company, Pasadena , Securities Operations Specialist - Futures and Options, Other , Pasadena, Texas