CW Analyst

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.

 

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.