Introduction:
Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Asia markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.
Overview:
This role is a key member of the Interest Rate Contracts team specializing in derivatives trade operations: including trade execution, trade processing, settlement processing, compliance, project leadership and problem resolution. The position requires strong organizational and computer skills, attention to detail, positive professional attitude, ability to work in a small team environment, as well as periodic early market hours availability (6:00am Pacific).
The position will be located in the Pasadena or San Francisco office and title will be determined based on skill and experience.
Responsibilities:
- Facilitate the processing of entire trade life cycle across all interest rate derivative contracts
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Execute and book interest rate derivative transactions
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Track and review trade confirmations for accuracy
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Prepare and ensure accuracy of customer documentation
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Work closely with internal and external auditors to ensure business compliance with regulatory requirements and internal policies and procedures
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Balance sheet hedging and hedge accounting
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Generate and validate periodic reports including payment, exposure, and revenue reports
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Prepare and update business processes, procedures and workflows
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Research and troubleshoot all trade and customer issues
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Develop, validate, and maintain internal models
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Collaborate with all bank departments including Relationship Managers, Treasury, Legal, Compliance, Accounting, and Operations to lead new projects with the goal of streamlining existing processes
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Managing Swap Dealer relationships, pricing, and liquidity to support the hedging business
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Support the derivative sales teams by preparing economic summaries, presentations, and documentation for clients
Qualifications:
- Bachelor's degree with major in analytical or technical field
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3-5+ years of work experience, ideally in derivatives sales and trading
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Strong proficiency with Microsoft Office suite especially Excel (formulas/vlookup)
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Dedicated attention to detail; a high degree of accuracy is required
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Excellent communication and organizational skills
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Ability to manage time effectively, set priorities and meet deadlines
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Desire/ability to work successfully in a small company environment
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Genuine interest in capital markets or trade operations
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Self-driven with a strong desire to learn and educate others
Compensation: The base pay range for this position is USD $90,000.00/Yr. - USD $170,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.