Equity Analyst

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

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.