Title- Equities Franchise - AnalystLocation- Salt Lake City, UTDuration- 6 MonthsPay Rate- $ 20/hr
JOB SUMMARY AND RESPONSIBILITIES* Draft OTC derivative trade confirmations (in equity derivatives.)* Demonstrate technical acumen and accuracy ensuring confirmations utilize the appropriate ISDA Definitions, Supplements and MCAs.* Mitigate risk through maintaining accuracy and consistency around termsheets, risk bookings and confirmations.* Proactively partner with internal groups (sales, trading, compliance) to execute confirmations.* Design and initiate process improvements with thorough understanding of template architecture.* Partner with the Legal Department to agree upon appropriate templates for new structures.* Take responsibility for maintaining timeliness in accordance with market standards and regulatory requirements.
SkillsBASIC QUALIFICATIONS* Understanding of risk and controls required to support derivative transactions.* Contributes to the effectiveness of the team by working closely with colleagues by sharing information, skills, and responsibilities.* Excellent attention to detail and accuracy.* Effective problem solver.* Takes actions to ensure that controls are in place and procedures are followed.* Strong Microsoft Excel skills.* Skilled at gathering and analyzing quantitative data to guide decision-making.* Demonstrates strong leadership skills, ability to gather stakeholder support for initiatives across teams and see them through to execution.
Primary Responsibilities* Set strategy and direction for tech and workflow initiatives that will improve execution process and mitigate risk efficiently.* Assist with reporting and presentations that articulate the overall compliance metrics, story, and strategy.* Work directly with the line teams to identify non-compliant themes and patterns and improve execution timelines.* Work closely with Ops Senior Management, Sec Div Compliance, and Sales PMDs in the Securities Division to develop and execute on firmwide compliance strategy.* Set strategy and direction for the team that will improve compliance rates.* Work directly with the line team to ensure risk is mitigated via Affirm and Confirmation process for EQD derivative trade confirmations.* Demonstrate technical judgment and accuracy by ensuring the team understands the economics of the trade and verify the accuracy in the firm's booking systems.* Mitigate risk through maintaining accuracy and procedural conformity.* Assist in the resolution of any exceptions that may arise in a timely manner.* Proactively partner with internal groups (sales, trading, compliance) to execute EQD confirmations. Design and initiate process improvements with thorough understanding the lifecycle of the trade and confirmations platforms.* Act as a Client Relationship Manager, partner with the Sales and Trading desks to offer best in class client service.* Take responsibility for maintaining timeliness in accordance with market standards and regulatory requirements.* Review and detailed analysis of EQD derivatives trade documentation drafted by Legal, External Counsel or our Counterparties.* Implementation of small and incremental enhancements to the existing workflow.* Effectively manage all Operational and Reputational Risk.
Education:* Bachelor's DegreeBelow is the brief... For full info follow application link.
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