Description

Summary:
The Derivatives Ops Analyst 2 reviews complex interest rate and commodity derivative trades for completeness and accuracy.

Duties and Responsibilities:

• Interpret interest rate and commodities trades and, based on instrument type, prepare appropriate confirmation documents ensuring that relevant legal terms are properly included. 
• Conduct phone confirmations, as required, for key economic terms of commodity trades. 
• Using Summit and Kiodex, vendor derivatives platforms for interest rate and commodities, setup and maintain client information. 
• Responsible for ensuring all associated GL entries post properly and that account balances between GL and subledger stay in balance. 
• Research accounting outages and determine appropriate steps to resolve out-of-balance situations. Prepare or assist in preparation of procedures and job aides.
• Prepares ad-hoc reports requested within business line.
• Work with audit or risk colleagues to provide information and test internal controls.
• Assist in the training of new colleagues on any and all functions.
• Participate in high profile/special projects. Performs quality check on completed work.
• Perform other duties as assigned.

You must be located within the Huntington Corporate office footprint.

Basic Qualifications:

• High School Diploma or equivalent
• 3+ years of experience supporting financial operations, preferably working with loan or derivative documentation, settlements and general ledger postings. 

Preferred Qualifications:

• Previous experience with or knowledge of Derivative products
• Above average knowledge of MS Office applications
• Strong organizational and telephone skills, excellent written and oral communication skills, strong interpersonal skills
• Ability to work in a team environment, resolve problem independently, inform management of all appropriate issues, and work with a sense of urgency while maintaining close attention to detail
• A passion for customer service, a strong work ethic, and a can-do positive attitude are essential

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

No

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds:  in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.

Compensation Range:

21.00 - 37.50 Hourly

The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance.  Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.  In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO). 

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters:  Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume.  All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.