Job Description
Incoming confirmation review:
· Review the incoming confirmations from different counterparts for Equity Linked Swaps, FX Options, and Commodity swaps for all trade events (new trade, partial termination, full termination, upsize)
· Match the trade economics and legal language mentioned on the confirmations against the front office booking system.
· Follow up with counterparts for confirmations.
· Prioritize review of confirmations for Separately Managed Funds (SMA).
· Liaise with counterpart and / or Middle Office in case of discrepancies on the confirmations.
· Provide executed confirmation to counterparts.
· Provide standard and ad-hoc reporting to the West Conshohocken Derivatives teams
· Make recommendations on process improvements and control enhancements
· Maintain data regarding above tasks together with trade volumes.
Relationship Management:
· Work with front office technology support team to ensure Operations functions run smoothly
· Liaise with counterparts to ensure confirmations are executed in a timely manner.
· Liaise with Middle offices for items such as trade amendments.
Skills required (essential)
· Strong numeracy and analytical skills
· Exceptional multi-tasking ability
· Accuracy, attention to detail, good organisation skills
· High level of English – strong verbal and written communication skills
· High degree of computer literacy, including working knowledge of Windows-based applications such as Word, Excel and Access
· Demonstrated success working in a high volume, high intensity derivatives environment.
· Proven record of collaborating with a diverse group of colleagues across geographic and functional boundaries. Must be team oriented.
· Professional maturity, self-confidence, decisiveness and outstanding business judgment
· Ability to assimilate information quickly