Representative, BPS Derivatives Operations at FIS - Jacksonville, FL

Role Overview

As a Representative, BPS Derivatives Operations at FIS in Jacksonville, Florida, you will play a critical role in supporting the full trade lifecycle for cleared derivatives. This position involves collaborating with derivative exchanges, clearing brokers, and internal FIS teams to ensure the efficient and accurate processing of trades, reconciliations, and allocations. You will be a key contributor to maintaining a strong control environment and enhancing the client experience.

Day in the Life

Your day-to-day activities will include:

• Monitoring notices, trades, assignments, deliveries, interest, and other lifecycle events.
• Processing and clearing trades, performing reconciliations, and managing trade allocations.
• Building and maintaining strong relationships with internal stakeholders and external clients.
• Partnering with client oversight teams, control groups, trading desks, and client service teams to ensure seamless service delivery.
• Executing contractual obligations in alignment with Standard Operating Procedures (SOPs), Risk & Control Frameworks, and Service Level Agreements (SLAs).
• Troubleshooting and resolving trade breaks and discrepancies.
• Ensuring compliance with regulatory requirements and exchange regulations.
• Participating in continuous improvement initiatives to enhance operational efficiency and accuracy.

Why Jacksonville, Florida?

Jacksonville offers a vibrant and growing job market, particularly in the financial services industry. The city boasts a lower cost of living compared to other major metropolitan areas, making it an attractive place to live and work. Jacksonville also offers a rich cultural scene, beautiful beaches, and numerous outdoor activities, providing a great work-life balance.

Career Path

At FIS, we are committed to providing opportunities for career growth and development. As a Representative, BPS Derivatives Operations, you can advance your career within the Operations team, potentially moving into roles such as Senior Analyst, Team Lead, or Supervisor. FIS also offers opportunities to explore other areas of the company, such as client services, project management, or technology, based on your interests and skills.

Salary & Benefits

The estimated salary range for this position in Jacksonville, Florida, is $65,000 to $95,000 per year. FIS also offers a comprehensive benefits package, including health insurance, paid time off, a 401(k) retirement savings plan, and tuition reimbursement. These benefits are designed to support your overall well-being and help you achieve your financial goals.

FIS Culture

At FIS, we foster a culture of collaboration, innovation, and inclusivity. We believe in empowering our employees to make a difference and providing them with the resources and support they need to succeed. We value diversity and inclusivity, giving a voice to everyone on the team. We also celebrate our success together and recognize the contributions of our employees.

How to Apply

To apply for the Representative, BPS Derivatives Operations position at FIS in Jacksonville, Florida, please visit our careers website at [insert FIS careers website link here]. You can search for the job title or location to find the specific job posting. Be sure to submit your resume and a cover letter highlighting your qualifications and experience.

Frequently Asked Questions (FAQ)

1. What are the key responsibilities of a Representative, BPS Derivatives Operations?

   The key responsibilities include processing and clearing trades, performing reconciliations, managing trade allocations, and ensuring compliance with regulatory requirements.

2. What skills are important for success in this role?

   Important skills include strong problem-solving abilities, communication skills, proficiency in Microsoft Excel, and the ability to work effectively in a fast-paced environment.

3. What is the work schedule for this position?

   The position requires flexibility to work 12pm-8pm (EST) up to 50% of the time.

4. What is the dress code at FIS?

   FIS typically follows a business casual dress code.

5. What opportunities are there for professional development at FIS?

   FIS offers tuition reimbursement and professional development opportunities to help employees grow their skills and advance their careers.

6. What is the company culture like at FIS?

   FIS fosters a culture of collaboration, innovation, and inclusivity.

7. What are the benefits of working at FIS?

   FIS offers a comprehensive benefits package, including health insurance, paid time off, a 401(k) retirement savings plan, and tuition reimbursement.

8. What is the hybrid work model at FIS?

   The hybrid work model offers a balance of in-office and remote work (three days in-office, two days virtual).

9. Is experience in derivatives operations required for this role?

   While not always required, experience in derivatives operations and futures trading is highly preferred.

10. What is the interview process like at FIS?

    The interview process typically involves a phone screening, followed by one or more in-person or virtual interviews with the hiring manager and other team members.