Job Information
SPECTRAFORCE TECHNOLOGIES INC Operations Analyst in SALT LAKE CITY, Utah
Title- Operations Analyst Location- Salt Lake City, Utah Duration- 6 Months
Job Description: Operations Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.
Your Impact We promote continuous learning by way of cross training and business engagement across the stack of functions in EQ product class. Your role will involve active partnership with the sales, trading, credit, legal and other operations teams which will be key to effectively manage the risk and business / client expectations for the trades we support. In addition to the responsibilities assigned to you, you will be encouraged to contribute ideas towards enhancement and streamlining the activities. You will also manage the team and will be role model for the people you are managing hence leading by example will be crucial for success in the role.
Our Impact The EQ Operations team manages Equities related trade confirmations and settlements workflow. The team is responsible for ensuring all Equities OTC derivative deals are confirmed in a timely manner and settled. Partnership with multiple groups is key to effective risk management - teams ensure discrepancies are investigated and resolved by leveraging internal sales/trading, technology, legal, Middle office teams and external dealer / client Backoffice contacts. The individual is required to be dynamic and client service oriented with high focus on risk and control. From an early stage, we develop and expect our people to think creatively and 'outside the box', as well as improving the daily process and taking responsibility and ownership for this to happen. The role also requires the ability to seamlessly switch between multiple activities and significant interaction with clients so communication will be a key asset.
Job Summary and Responsibilities * Risk manages confirmations and settlements for Equity Derivatives transactions * Planning, monitoring and managing workflows by delegating queues to team members, approving high risk/value transactions and supervision of functions to ensure completion with timeliness and accuracy * Extract, analyse and interpret key data from source reports for proactive stakeholder communication around risk * Managing inward and outward escalations internally/externally to mitigate Operational, Reputational, Regulatory and Financial risk * Weekly risk reviews and effective KRI (Key Risk Indicator) reporting * Liaising with internal teams and stakeholders to manage accurate books and records * Review daily exception reports and resolve any outstanding items pertaining to team's responsibilities * Pro-actively work with external clients and other dealers to resolve economic and language discrepancies on Equity deals * Partner with internal teams - Sales, Trading, Credit, Technology and other operations teams to ensure timely confirmation and settlement * Accurate and timely settlement of cash-flows with adherence to the internal payment policy and procedures * Maintain accurate... For full info follow application link.
SPECTRAFORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at nahr@spectraforce.com if you require reasona ble accommodation.