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BankUnited · 1 week ago

Middle Office Associate - Capital Markets Derivatives & Foreign Exchange

Hialeah, FL

Full-time

Onsite

Mid Level

4+ years exp

BankUnited is a financial institution seeking an experienced Middle Office Associate for their Capital Markets Derivatives and Foreign Exchange Team. This role involves providing middle and back-office operations support, ensuring compliance with regulatory requirements, and improving operational efficiency within the team.

BankingFinanceFinancial Services

Diversity & Inclusion

Responsibilities

Trade Validation & Reporting: support FX Spot transactions, Forward Contracts, NDFs, Interest Rate Derivatives, etc. Monitor trade lifecycles, including pre and post trade capture, confirmations, settlements, international payments, SWIFT messaging, and wire investigations. Manage the execution and clearing of derivatives trades (Rates & FX), ensuring compliance with regulatory requirements

Risk Management & Compliance: Assist in the implementation of risk management strategies to mitigate market and operational risk associated with derivatives and foreign exchange. Ensure all transactions comply with internal risk management guidelines and regulatory requirements. Collaborate with the Risk and Compliance teams to mitigate any potential risks related to the transactions

Reporting & Analysis: Provide regular reports on operational activity to senior management as needed. Identify opportunities for process optimization and automation to improve efficiency. Stay up to date with relevant regulations and ensure that all derivatives and international sales and trading activities comply with applicable laws (including OFAC and Dodd-Frank). Assist in systems and platform upgrades to our derivatives and foreign exchange management system

Identify opportunities to improve processes and drive customer satisfaction, share findings and recommendations with management

Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.)

Adheres to Bank policies and procedures and completes required training

Identifies and reports suspicious activity

Qualification

International paymentsDerivatives productsRisk managementBack-office operationsTrading platformsAnalytical mindsetMicrosoft OfficeCommunication skillsAttention to detail

Required

Bachelor's Degree required

4+ Years experience managing and supporting international payments and derivatives sales & trading operations required

Professional expertise in back-office Operations, knowledge and understanding of Capital Markets products which are sold by a regional financial institution required

Attention to detail, strong communication, interpersonal skills, and the ability to multitask

Strong knowledge of financial markets, derivatives products, and risk management

Proficiency in relevant software and trading platforms is a plus (Chatham, DerivativePath, Fiserv, Finzly, and/or similar trading systems)

Analytical mindset with the ability to solve complex problems

Proficient in Microsoft Office (Outlook, Word, Excel, PowerPoint)