Asset & Wealth Management - Salt Lake City - Associate, Confirmations- 9707172
About The Position
Coordinate and oversee tasks across a multi-disciplined team to ensure all operational trade related events are received and systems are set up prior to account trading activity. Support trading desks to include ad-hoc queries and ongoing business initiatives. Review account level metrics, and research, escalate, and remediate exceptions with respect to reconciling items on cash/position reconciliations, daily corporate actions, NAV Reconciliations, failing trades, and standard/non-standard reporting deliverables, as defined by operating standards. Proactively review indicators of operational issues to resolve such issues before client impact. Holistic ownership and understanding of client trading accounts by coordinating client issues across all operations teams and business partners. Scalability analysis of workflow cost drivers and trends to help drive process improvements and efficiency, budgeting, and cost allocation to various revenue producing desks. Liaise with clients’ appointed counterparties, such as custodian, ALERT, and Prime Brokers, to enable connectivity, establish operational flows and respond to service requests and inquiries. Interpret and determine client requirements and service standards from legal documentation and business requirements, supporting all account events. Coordinate controls and sign-offs both internally and externally. Navigate evolving financial regulatory landscape and help develop technological solutions to build appropriate architecture. Apply process reengineering methodologies in executing strategies and tactical solutions.
Requirements
- Bachelor’s degree (U.S. or foreign equivalent) in Business Analytics, Information Systems, Management, Finance, Economics, or a related field
- Two (2) years of experience in job offered or a related role.
- Two (2) years of experience with data analytics tools, including Alteryx, to enhance reporting used to create transparency and set correct risk appetite.
- Two (2) years of experience with advanced Microsoft Excel, including analyzing and quantifying exception data used in driving process improvements and reduced manual touchpoints.
- Two (2) years of experience working with Key Risk Indicators (KRIs) and keeping them under allowable thresholds.
- Two (2) years of experience working with the overall trade booking lifecycle including Pre-Trade, Trade Execution, Trade Clearing, Trade Settlement, and the final stage of Position and Risk Management.
Responsibilities
- Coordinate and oversee tasks across a multi-disciplined team to ensure all operational trade related events are received and systems are set up prior to account trading activity.
- Support trading desks to include ad-hoc queries and ongoing business initiatives.
- Review account level metrics, and research, escalate, and remediate exceptions with respect to reconciling items on cash/position reconciliations, daily corporate actions, NAV Reconciliations, failing trades, and standard/non-standard reporting deliverables, as defined by operating standards.
- Proactively review indicators of operational issues to resolve such issues before client impact.
- Holistic ownership and understanding of client trading accounts by coordinating client issues across all operations teams and business partners.
- Scalability analysis of workflow cost drivers and trends to help drive process improvements and efficiency, budgeting, and cost allocation to various revenue producing desks.
- Liaise with clients’ appointed counterparties, such as custodian, ALERT, and Prime Brokers, to enable connectivity, establish operational flows and respond to service requests and inquiries.
- Interpret and determine client requirements and service standards from legal documentation and business requirements, supporting all account events.
- Coordinate controls and sign-offs both internally and externally.
- Navigate evolving financial regulatory landscape and help develop technological solutions to build appropriate architecture.
- Apply process reengineering methodologies in executing strategies and tactical solutions.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
