Full-Time
$85k - $95k/yr (Verified by employer)
May sponsor international talent
About the job
Requirements
Description & Requirements
Operations Analyst FX/OTC Derivative Product Knowledge
About Fortress
Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $49 billion of assets under management as of December 31, 2024. Founded in 1998, Fortress manages assets on behalf of over 2,000+ institutional clients and private investors worldwide across a range of credit and real estate, private equity, and permanent capital investment strategies.
About The Position
The candidate will be responsible for a wide variety of operational tasks including but not limited to:
Fx/Otc
Handling daily settlements of FX, OTC, and listed transactions, and booking related transactions in Wall Street Office
Ensure timely settlements, with a proactive approach to identification of settlement breaks, escalation and remediation of issues
Researching daily FX/OTC and collateral related cash and position reconciliation exceptions
Resolving daily cash and position exceptions between fund administrator, counterparty and internal books and records
Wire processing related to daily FX and OTC settlements and collateral movements
Daily interaction with trading desk and fund administrator
Interacting with various internal departments such as Fund Accounting, Treasury and IT
Participate in a broad range of operational projects, and assist with ad hoc requests for management and front office personnel
Familiar with ISDAs and CSAs to research any discrepancies arising on collateral margin calls.
Covering These Products
FX Cash including Spot, Forwards, Non-Deliverable Forwards (NDF)
FX Derivatives including Options, Non-Deliverable Forwards (NDF), Non-Deliverable Options (NDO)
Credit Default Swaps – both listed and OTC
Interest Rate Swaps, Rate Caps and Floors
Private Loan Originations – Term Loans, Delayed Draw Term loans, and Revolvers
Qualifications
Outstanding attention to detail with the ability to identify errors and recommend process enhancements
Strong Excel skills
A willingness to learn and work independently as well as within a group
Thrives in a fast paced dynamic environment with the ability to multi-task and manage time effectively while meeting deadlines
Proven at managing processes with various levels of automation, and ability to re-engineer manual processes with a focus on automation
Proven communicator – written, verbal, presentation
Assertive personality that is able to grasp detailed concepts quickly and operate consensually / within a collaborative and time sensitive environment
Problem solving and analytical skills
Proactive and highly motivated
High level of accuracy and attention to detail
Work efficiently and effectively in a team setting
Possess organizational skills with the ability to prioritize while working under pressure
Ability to multi-task, accommodating varying levels of volume without deterioration in quality
The base salary range for this position is expected to be between $85,000 and $95,000.
The base salary range proposed for this role has been set forth to comply with local law, but salary is only one element of the total compensation for this role. The base salary range suggested above does not include compensation elements such as bonuses, overtime and deferred cash (each of which are applicable in certain roles), benefits, perquisites, and company contributions to employee 401(k) accounts. Such other pay components often result in total compensation materially exceeding base salary for a particular role. Total compensation as well as base salary for a role depend in part upon individual performance, years of service, experience, geographic considerations, the performance and the needs of particular business units, company performance, and general market conditions.
Fortress Investment Group LLC collectively with its subsidiaries and operating affiliates is an equal opportunity employer and considers all applicants for employment without regard to race, religion, creed, color, sex, age, national origin, citizenship status, disability, genetic information, protected veteran status, marital status, sexual orientation, gender identity, or any other status protected by federal, state or local law.
