Job Title: CW Analyst Duration:5+ months Location: Salt Lake City, UT
Description: We are seeking a highly motivated and detail-oriented Junior Equities Affirmation & Confirmation Specialist to join our Operations team. This role is ideal for an individual with 1-2 years of experience in financial operations who is eager to develop their expertise in equity derivatives and risk management. You will play a crucial part in ensuring the accuracy and timely affirmation of trade details, mitigating economic risks, and providing excellent support to our internal and external stakeholders.
Key Responsibilities:
Support the mitigation of Economic Affirmation risk in Equities by ensuring trade details are affirmed within department guidelines.
Identify and assist in resolving key economic differences between the firm's and clients' trade bookings.
Review and resolve discrepancies raised by clients on trade confirmations in a timely manner.
Examine incoming counterparty documents and collaborate with counterparties to agree on confirmation templates.
Promptly highlight and escalate all discrepancies raised by clients to Trading and Sales to ensure accurate trade booking.
Follow up with clients on the execution of legal confirmations and electronic matching of trades.
Ensure risk is mitigated for trades categorized as critical and high priority, escalating outstanding issues to senior management as needed.
Assist in the resolution of any exceptions that may arise in a timely manner.
Proactively partner with internal groups, including Sales, Trading, and Compliance, to facilitate the execution of EQD confirmations.
Contribute to the implementation of small and incremental enhancements to existing workflows and processes.
Support client service efforts by assisting Sales and Trading desks with confirmation-related inquiries.
Maintain timeliness in accordance with market standards and regulatory requirements.
Assist with reporting and presentations that articulate compliance metrics.
What You'll Bring:
1-2 years of experience in financial operations, trade support, or a related field.
Basic understanding of risk and controls required to support derivative transactions.
Excellent attention to detail and accuracy.
Strong problem-solving skills and a proactive approach to issue resolution.
Ability to follow established procedures and ensure controls are in place.
Proficiency in Microsoft Excel.
Ability to gather and analyze quantitative data to support decision-making.
Strong collaboration and communication skills, with the ability to work effectively within a team and with various stakeholders.
Applicant Notices & Disclaimers
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At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $ 23.00/hr.
