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Fixed Income Trade Control Analyst MKTS - Collateralized Loan Obligation - New York, NY

New York, New York

Job Description:

Team: Collateralized Loan Obligation Trade Control
Job Title: Fixed Income Trade Control Analyst - CLO
Location: New York

The Fixed Income, Currency and Commodities (FICC) & Derivative Core Operations (FDCO) team perform end to end trade control, confirmation and settlements processes across FICC businesses and provides utility OTC derivative confirmation and settlement services for non FICC businesses.

Within FDCO, the teams provide multiple services such as FICC trade control, Foreign Exchange (FX) electronic matching and settlement, Over the Counter (OTC) derivative confirmation and settlement, and commodities operations.

Collateralized Loan Obligation (CLO) Trade Control analysts enable and support the Global Markets Trading and Sales team. The main focus includes trade capture, trade validation, life-cycle event management, trade reconciliation and substantiation and issue resolution. Trade Control Analysts support a broad scope of products within the Credit markets including CLOs, Loans, CDS, Swaps and other derivative products. Analysts work closely with Trading, Sales, Technology, Settlements, Finance and other stakeholders to ensure accurate and complete trade data across product and system scope.

Responsibilities

  • Capture, validate and reconcile trade records for accuracy and completeness
  • Timely response to client queries regarding the settlement of their trades
  • System break analysis, and resolution
  • Work with CLO technology and CLO desk to ensure accurate record reporting
  • Liaising with other internal departments to ensure timely resolution of Client inquiries
  • Involvement in ad hoc projects for new processes or industry initiatives
  • Highlight and resolve any trade issues and escalate to stakeholders accordingly
  • Liaise with internal partners to ensure proper client reporting and assist with regulatory reporting

Enterprise Role Overview:

Responsible for maintaining already developed Trade control processes, e.g., Trade booking, trade validation and ongoing trade maintenance and reporting. Requires product knowledge, knowledge of financial instruments accounting relevant to the area supported. Delivers support for new products and initiatives, provides analysis and KPI/MIS reporting. College degree (Bachelors or higher). Required skills include: expert Excel knowledge, financial products knowledge, ability to analyze, reconcile, and interpret large amounts of data, detail orientation, ability to manage multiple priorities and multi task, excellent time management and prioritization skills, with ability to meet tight deadlines, the ability and willingness to continuously learn on the job, technical fluency, with ability to learn new systems quickly, the ability to problem-solve and take ownership of process improvements, the ability to work in a team environment, the ability to adapt to and take ownership of change and excellent verbal and written communication skills with ability to communicate with various stakeholders. Desired skills & knowledge include: experience using Bloomberg, accounting knowledge, economics, business, mathematics, finance, accounting, or similar major. Desired experience includes Internship experience, have 2 to 3 years of experience in the Financial Services industry, experience in working with financial reports, and the ability to effectively manage difficult internal and external client situations. This job code is to be used for employees in Global Markets only.

Required Skills: (Must have these skills to be minimally qualified)

  • Must be client focused with proven track record of excellent communication and interpersonal skills with the ability to present to an audience.
  • Ability to successfully navigate and connect within a matrix work environment.
  • Must be self-motivated and able to work independently.
  • Must be able to operate successfully in a fast paced environment.
  • Must be detail oriented with a heavy focus on monitoring accurate trade records.
  • Proficient in Microsoft Office, particularly excel.
  • Excellent teamwork skills and ability to work with a wide user group across multiple functions.
  • Significant control and risk management mindset.

Desired Skills:

  • Previous experience within a client service team with particular focus on responding to client inquiries.
  • Knowledge of Operational Risk.
  • Working knowledge of building and maintaining Alteryx workflows.
  • Working knowledge of Bloomberg API functionality and ability to navigate Bloomberg screens.
  • Working knowledge of corporate loans and CLO market.
  • CLO, Loans, Credit Derivative and Total Return Swap background.

Other Qualifications:

  • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
  • Excels in working among diverse viewpoints to determine the best path forward.
  • Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner.
  • Commitment to challenging the status quo and promoting positive change.
  • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
  • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.

Job Band:

H6

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Team: Collateralized Loan Obligation Trade Control
Job Title: Fixed Income Trade Control Analyst - CLO
Location: New York

The Fixed Income, Currency and Commodities (FICC) & Derivative Core Operations (FDCO) team perform end to end trade control, confirmation and settlements processes across FICC businesses and provides utility OTC derivative confirmation and settlement services for non FICC businesses.

Within FDCO, the teams provide multiple services such as FICC trade control, Foreign Exchange (FX) electronic matching and settlement, Over the Counter (OTC) derivative confirmation and settlement, and commodities operations.

Collateralized Loan Obligation (CLO) Trade Control analysts enable and support the Global Markets Trading and Sales team. The main focus includes trade capture, trade validation, life-cycle event management, trade reconciliation and substantiation and issue resolution. Trade Control Analysts support a broad scope of products within the Credit markets including CLOs, Loans, CDS, Swaps and other derivative products. Analysts work closely with Trading, Sales, Technology, Settlements, Finance and other stakeholders to ensure accurate and complete trade data across product and system scope.

Responsibilities

  • Capture, validate and reconcile trade records for accuracy and completeness
  • Timely response to client queries regarding the settlement of their trades
  • System break analysis, and resolution
  • Work with CLO technology and CLO desk to ensure accurate record reporting
  • Liaising with other internal departments to ensure timely resolution of Client inquiries
  • Involvement in ad hoc projects for new processes or industry initiatives
  • Highlight and resolve any trade issues and escalate to stakeholders accordingly
  • Liaise with internal partners to ensure proper client reporting and assist with regulatory reporting

Enterprise Role Overview:

Responsible for maintaining already developed Trade control processes, e.g., Trade booking, trade validation and ongoing trade maintenance and reporting. Requires product knowledge, knowledge of financial instruments accounting relevant to the area supported. Delivers support for new products and initiatives, provides analysis and KPI/MIS reporting. College degree (Bachelors or higher). Required skills include: expert Excel knowledge, financial products knowledge, ability to analyze, reconcile, and interpret large amounts of data, detail orientation, ability to manage multiple priorities and multi task, excellent time management and prioritization skills, with ability to meet tight deadlines, the ability and willingness to continuously learn on the job, technical fluency, with ability to learn new systems quickly, the ability to problem-solve and take ownership of process improvements, the ability to work in a team environment, the ability to adapt to and take ownership of change and excellent verbal and written communication skills with ability to communicate with various stakeholders. Desired skills & knowledge include: experience using Bloomberg, accounting knowledge, economics, business, mathematics, finance, accounting, or similar major. Desired experience includes Internship experience, have 2 to 3 years of experience in the Financial Services industry, experience in working with financial reports, and the ability to effectively manage difficult internal and external client situations. This job code is to be used for employees in Global Markets only.

Required Skills: (Must have these skills to be minimally qualified)

  • Must be client focused with proven track record of excellent communication and interpersonal skills with the ability to present to an audience.
  • Ability to successfully navigate and connect within a matrix work environment.
  • Must be self-motivated and able to work independently.
  • Must be able to operate successfully in a fast paced environment.
  • Must be detail oriented with a heavy focus on monitoring accurate trade records.
  • Proficient in Microsoft Office, particularly excel.
  • Excellent teamwork skills and ability to work with a wide user group across multiple functions.
  • Significant control and risk management mindset.

Desired Skills:

  • Previous experience within a client service team with particular focus on responding to client inquiries.
  • Knowledge of Operational Risk.
  • Working knowledge of building and maintaining Alteryx workflows.
  • Working knowledge of Bloomberg API functionality and ability to navigate Bloomberg screens.
  • Working knowledge of corporate loans and CLO market.
  • CLO, Loans, Credit Derivative and Total Return Swap background.

Other Qualifications:

  • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
  • Excels in working among diverse viewpoints to determine the best path forward.
  • Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner.
  • Commitment to challenging the status quo and promoting positive change.
  • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
  • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21056519

Band: H6

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Viviana Renshaw

Referral Bonus:

0

Street Address

Primary Location:
1133 Ave of the Americas, NY, New York, 10036