Must be able to work in the United States without sponsorship
We are searching for a Contract Coordinator Level 3 on behalf of our client. This is a 3-months contract assignment.(W-2) A skilled and legally astute professional and will be joining the Confirmations team. The Contract Coordinator 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. You will play a critical role in ensuring the legal confirmation of transactions and mitigating risks associated with complex deals.
Core functions of the Confirmations Team include:
- Confirmation Coordination: Daily coordination and communication with the front office to facilitate confirmation creation and amendments or unique and highly complex deals.
- Transaction Accuracy: Ensure that all transactions are accurately captured in Risk systems in a timely manner, adhering to legal and regulatory requirements.
- Counterparty Engagement: Engage with external counterparties to legally confirm transactions and actively work towards resolving disputes when necessary.
- Legal Document Experience: Seasoned professional with a proven record conducting comprehensive reviews o legal documents, including ISDAs, NAESBs, EEIs, related collateral agreements (CSA), and trade confirmations, to ensure compliance and minimize legal risks.
- Reporting and Data Visualization: Develop and enhance the team's reporting infrastructure and data visualization capabilities to support informed decision-making.
- Risk Assessment: Collaborate with origination, risk management, trading, legal, and accounting departments to assess and evaluate risks associated with potential transactions, new business initiatives, and onboarding new counterparties. This includes the filing o necessary documentation or proper counterparty integration.
The ideal candidate should possess the following qualifications:
- Degree in a business or legal discipline.
- 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 o physical trading and derivatives and the trade life cycle.
- Demonstrated ability to collaborate effectively with team members.
- Strong critical thinking and creative problem-solving skills.
- Exceptional attention to detail and communication skills.
- Excellent organizational skills.
- Comfortable working under tight deadlines.
- Proficiency in Excel, SQL, and PowerBI; Python expertise is a plus.
- Experience with Endure or other ETRM a plus.
We are committed to transparency and equity in all of our people practices. The base salary range for this position, which is dependent upon experience, qualifications and skills, is estimated to be $55.00/hr. to $60.00/hr.
Equal Opportunity Employer including Veterans and Individuals with Disabilities