Job Purpose:

The position is as an EQD Flow, Delta One & SPB Trade Support Analyst. The selected candidate will report to the Team Supervisor. The team supports the execution of Equities/Swap based OTC instruments transacted by the Trading and Sales businesses with additional focus on risk management, reporting, client service, and strategic initiatives driven by technology, regulatory/industry requirements, and new business/products.

  • The role will encompass the tasks of ensuring efficient and accurate transaction processing across a broad range of products. Generally, the products supported are complex instruments that require close alignment with the business
  • A key focus for the organization is establishing strong risk management procedures and controls to ensure the firm and our clients are properly protected
  • The individual will be responsible of monitoring and proactively resolving trade breaks on Trade Date, performing PV checks to ensure all economic details are in line, ensure all positions and P&L match between deal capture systems and settlement systems, resolve all issues raised by Front Office and Back Office, and address any ad-hoc requests
  • The Individual will join a “split team” organization with team members located in both Montreal and NewYork City, under a functional management located in New York

Your Responsibilities:

  • Work with Front Office, P&L, Back Office, Third party vendors, and Application Support to resolve operational and booking issues
  • Monitoring of operational risk by providing proper Front Office Support and ensuring the risk of fraud is set to a minimum
  • Ensure accurate trading positions in FO system, the daily goal is to correct all discrepancies originated by system bugs, input mistakes, information loss
  • Manage real-time trade booking exceptions internally between the trading desk and sales force
  • Assist with project initiatives designed to improve and streamline existing processes
  • Mitigate risk by reconciling discrepancies between the trading desk’s positions and the firm’s books and records
  • Participate / assist in event processing and have a full understanding of the life cycle of a trade
  • Collaborate with technology teams on the implementation of process flow improvements and efficiencies
  • Contribute to quick resolution of trade issues by liaising with various groups including Front Office, Back Office, IT Team, P&L Controllers and Client Services
  • Liaise with other Operation functions and other infrastructure groups to support a ‘one team approach
  • Promote an efficient dialog/discussion with our internal and external partners
  • Adhere to deadlines and objectives
  • Where appropriate, ability to maintain and explain own position using logic in the light of differing views

Skills and Qualifications:

  • Previous experience (2 yr. +) in a Derivative Middle office environment or prior experience in working with Trading/ Sales in a financial institution
  • Attention to detail and accuracy is imperative
  • Bachelors Degree Required
  • Strong interpersonal and communication skills
  • Ability to work as part of a team in a “split team” organization
  • The successful candidate will need to demonstrate a strong desire to learn the processes and products
  • Strong interpersonal and communication skills a must
  • Flexibility to adapt to a new and changing environment
  • Strong sense of risk and critical thinking
  • Rigorous and very organized
  • Maintains high quality of customer service
  • Ability to effectively listen and communicate
  • Display good relationship qualities, team spirit, and ability to work across teams
  • Strong qualification level in equity derivative markets. Financial market knowledge of derivatives products including TRS, ETFs, Equity Swaps, Variance products etc.
  • Ability to multi-task and prioritize in a fast paced environment
  • Strong Excel/PC skills with proven ability to work with multiple systems.

Source: for more information click here.

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