CW Analyst (Equities Franchise - Operations - Analyst)

Title- CW Analyst ( Equities Franchise - Operations - Analyst)

Location- Salt Lake City UT, 84111

Duration- 6 months

BUSINESS UNIT OVERVIEW

The Confirmation Execution Group has a primary responsibility of managing our counterparty risk by executing Electronic and ISDA (International Swaps and Derivatives Association, Inc.) confirmations with Broker Dealers and our Institutional Clients (Hedge Funds, Pension Funds, Mutual Funds, and Reinsurance Groups). The team is responsible for managing risk in a high stakes environment, primarily focusing on Equities and Foreign Exchange products. As a member of the Confirmations Execution Group, you will have a high level of client interaction and involvement with other internal ops teams and Sales and Trading. You will be required to be enthusiastic, dynamic, flexible, client service orientated and focused on control, accuracy and maximizing efficiency.

Initially a new member to the team will concentrate on learning the systems, developing processes and controls, and understanding various products and trade events. Once fully integrated, team members could participate in Projects, Enhancements, and Industry Initiatives from time to time.

JOB SUMMARY AND RESPONSIBILITIES

• To mitigate Economic Affirmation risk in Equities, ensuring trade details are affirmed within department guidelines.
• Mitigate the risk of any key economic differences between both GS and Client's bookings.
• Ensures discrepancy resolution for any disputes raised by the clients on our confirmations in a timely manner.
• Review and resolve discrepancies raised by clients on our confirmations.
• Review of incoming counterparty documents and works with the counterparties to agree the confirmation templates to be executed.
• Highlighting all discrepancies raised by clients promptly and working with Trading and Sales to ensure the trade has been accurately booked.
• Follow up with clients on execution of Legal confirmation and electronic matching of trades
• Ensure risk is mitigated for trades categorized as critical and high priority.
• Escalate outstanding trades in Critical category risk to senior management

BASIC QUALIFICATIONS

Primary Responsibilities

Education :

Bachelor's Degree required