Data Clearing Analyst

Westinghouse Electric Company, LLC•Cranberry Township, PA

About The Position

This role involves assisting with the negotiation of physical and financial entry disputes, managing daily tasks such as inbox management and reconciliations, supporting financial transactions related to Dodd Frank reporting, and ensuring the accuracy and compliance of trade confirmations. The analyst will also be responsible for generating reports, handling audit requests, and analyzing trade updates for various corporate events.

Requirements

Proficiency in managing Outlook inbox.
Experience with reconciling broker confirmations, FCM Exchange trades, and counterparty entries to a risk management system.
Familiarity with eConfirm, OATI, and OASIS website entries.
Understanding of financial transactions related to Dodd Frank reporting processes.
Ability to create and deliver daily internal confirmations to counterparties.
Knowledge of company procedures for sending, receiving, and returning confirmations.
Skill in reviewing and executing daily counterparty confirmations.
Ability to identify and correct trade discrepancies.
Experience in generating and reconciling daily status reports and monthly reports.
Proficiency in electronic confirmation filing.
Ability to analyze trade updates and controls for name changes, mergers, and acquisitions.
Experience handling internal and external audit requests.

Responsibilities

Assist with negotiation of physical and financial entry disputes in coordination with Contract Administration, Front Office, Legal, Risk Control, Risk Analysis and other internal departments.
Manage Outlook inbox daily
Reconcile broker confirmations to risk management system
Reconcile FCM Exchange trades to risk management system
Reconcile counterparty via eConfirm, OATI, OASIS website entries to risk management system
Support financial transactions related to Dodd Frank reporting processes
Create and deliver daily internal confirmations to counterparties
Ensure confirmations are sent, received and returned in accordance with company procedures
Review and execution of daily counterparty confirmations received
Identify and correct trade discrepancies between broker, counterparties and exchange confirmations
Generate and reconcile daily status reports and queries to management, regarding the status of all key initiative checkout processes. Also includes various monthly reports
Responsible for electronic confirmation filing
Analyze trade updates and controls for all trades created by Contracts Trade conveyance processes for name changes, mergers and acquisitions
Handle internal and external audit requests
Other duties and projects as assigned