Equity Derivative Front office Functionnal Support at Tala

New York, New York, United States

Tala Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Banking, TradingIndustries

Requirements

  • 5 - 15 years experience in Front Office production support or trade support in a trading environment
  • Strong functional knowledge of derivative products: Futures, Total Return Swaps (TRS), Vanilla Options, Exotic Options, Structured Notes, MTNs
  • Hands-on experience with trade lifecycle processes
  • Strong understanding of P&L, Greeks (Delta, Gamma, Vega), Risk metrics, and trade valuation
  • Previous experience supporting traders directly on a trading floor
  • Experience with Murex (MX.3) or similar trading system (Calypso, Summit, Sophis)
  • Ability to analyze issues, troubleshoot independently, and work under pressure
  • Strong communication skills with Front Office and business stakeholders
  • Ability to manage multiple incidents in real time with quick decision-making

Responsibilities

  • Provide day-to-day functional trade support to traders on Equity Derivatives and Commodities desks
  • Investigate and resolve trade booking issues, incorrect events, missing trades, or pricing discrepancies
  • Analyze P&L and Risk discrepancies and ensure accurate representation of trading positions
  • Manage Front Office incidents and ensure timely communication with traders and business stakeholders
  • Perform functional investigation on the Murex platform and escalate technical issues to the relevant teams
  • Support trade lifecycle management and ensure accurate processing from Front to Back Office
  • Collaborate with global IT and support teams to maintain system and business continuity
  • Support new product implementations and Front Office changes
  • Document issues and maintain production support procedures and knowledge base
  • Ensure adherence to production support SLAs and incident resolution processes
  • Participate in morning/evening production support shifts rotation when required

Skills

Equity Derivatives
Commodities
Murex
Trade Lifecycle
P&L Analysis
Risk Management
Trade Booking
Front Office Support
Incident Management
Production Support

Tala

Digital wallet and lending platform for underserved

About Tala

Tala operates as a digital wallet and lending platform that focuses on providing financial services to individuals who are often overlooked by traditional banks. The platform uses artificial intelligence and machine learning to create a personalized financial experience for its users. Customers can access instant credit, transfer money easily, and pay bills all through a single app. Tala's unique data tools allow it to serve a diverse range of customers, including those without access to conventional banking. The company generates revenue through interest and fees on the credit it offers, as well as transaction fees for money transfers and bill payments. Operating in multiple countries across three continents, Tala adapts its services to different markets while aiming to enhance the financial well-being of its users by providing tailored credit lines and financial advice.

Santa Monica, CaliforniaHeadquarters
2011Year Founded
$341.1MTotal Funding
DEBTCompany Stage
Fintech, AI & Machine LearningIndustries
501-1,000Employees

Benefits

Remote Work Options
Flexible Work Hours
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance

Risks

Increased competition from Stripe in crypto payments could challenge Tala's market position.
Keytom's launch may attract Tala's crypto-interested customer base, reducing market share.
Apple's NFC chip decision could lead to more competition in the digital wallet space.

Differentiation

Tala uses AI to offer personalized financial experiences to underserved individuals.
The company provides instant credit and expansive bill payment options via a single app.
Tala's proprietary data tools enable services for those without traditional banking access.

Upsides

Integration of stablecoin payments could enhance Tala's transaction speed and cost-effectiveness.
Apple's NFC chip opening may allow Tala to offer more seamless payment options.
Equifax's AI advancements highlight potential for Tala to improve its credit scoring systems.

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