Job Details
This job is not active on our system any more, please contact the poster to see if it is still available!
|
|
|
| Job Title: |
Middle Office Affirmations Specialist |
| |
Settlements |
| |
Deriviatives |
| Location: |
Dublin |
| Position Type: |
Full Time |
| Ref: |
DN243 |
| Remuneration: |
€35-45K |
|
| Description: |
Middle Office Affirmations Specialist
Position Overview
This is an analytical and multi-tasking role that requires the team member to be able to analyze trade details captured in the Aexeo Technology Platform, compare them to counterparty records, and report and resolve discrepancies in an effective and efficient manner. This role requires consistent attention to detail, effective communication skills, a good understanding of predominately listed vanilla & also over-the-counter derivative securities, a working knowledge of the electronic affirmation vendor platforms, the trade life cycle and settlement processes.
|
|
| Required Skills: |
Main Job Functions/Tasks
Responsible for the review, exception processing, break escalation/resolution and subsequent affirmation of trade against the incoming counterparty & client trade recaps on trade date. Ensure accurate trade ticket booking in the Aexeo OMS System (Affirmation Process)
Reviewing trade affirmations on vendor & PB platforms. Review of trades that have not processed STP. (Exception Processing).
Daily liaising with counterparty via email & telephone and to ensure both parties have the trade captured accurately where counterparty has not subscribed to affirmations vendor. (Manual Affirmations).
Prioritization of trades based on KPI’s set by senior manager & client, Trade Break Age, Instrument type, market, Broker.
Monitoring T+1 Trade life cycle for listed products at the PB Prime Broker, reviewing the Trade Matching queue & providing assistance to resolve breaks prior to settlement, escalation of trades hitting the Failed Trades queue, liaising with the executing broker for resolution/escalation to client.
Effectively communicate with the other CFS business units such as Collateral Management, OTC Treasury Settlements, Operations, Fund Accounting, Product Control Team and Risk & Valuation on a daily basis.
Providing key assistance to Client Integration team and Connectivity regarding incoming file requirements to CFS and outgoing file requirements to vendor platforms, updating senior manager of any changes.
Produce EOD reports to be sent to client highlighting status & reason for all outstanding trades that were not affirmed on T+1, for manager & client review.
Produce regular MIS reports for Clients, Relationship Managers and Senior Management.
Work with clients in a professional manner to resolve any open issues.
Develop CFS relationships with the Prime Brokers to enhance the PB Settlement Process.
|
| Desirable Experience: |
Education, Qualifications and Special Training
Bachelors Degree in Accounting, Finance, Economics, or other quantitative subjects
3 + Years in Financial Services with an exposure to both listed & OTC derivative instruments
Knowledge of Hedge and Mutual Funds.
Strong Customer Service & analytical and problem solving skills.
Ability to learn new systems and source information from numerous systems.
Ability to work effectively in a team environment.
Strong knowledge & interest of the listed Products Equity, Fixed Income, Swap, FX, & ETD
|
| Required Education: |
Professional |
Job Classification |
| Categories: |
Funds
Accountancy -> Financial Services
|
Contact Details |
| Posting Company: |
Quest Recruitment |
| Contact Name: |
David Newsway |
|
| |
|
