Job Description

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 Client 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.

Skills:

BASIC QUALIFICATIONS:

• Bachelor's Degree Required
• 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

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