Equities Franchise Analyst

STRATEGIC STAFFING SOLUTIONS HAS AN OPENING!

This is a Contract Opportunity with our company that MUST be worked on a W2 Only. No C2C eligibility for this position. Visa Sponsorship is Available! The details are below.

“Beware of scams. S3 never asks for money during its onboarding process.”

Job Title: Equities Franchise Analyst
On Site Work
Duration: 6 Months
Location: Salt Lake City UT 84101

Job ref# 242284

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 our 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

Required Skills:

• 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 Degree