- Futures and Options & OTC Cleared (F&O)
- Prime Brokerage (PB)
- Global Wealth & Investment Management (GWIM)
- OTC Bi-lateral Derivatives (OTC)
- Execution, clearing and allocation of trades and position transfers to the highest quality standards.
- Futures and Options position life cycle management including option exercise and assignments, physical deliveries, expirations, last trade date monitoring, long date reporting, open interest adjustments and regulator inquires.
- Daily Reconciliations and exception resolution, maintaining the integrity of the sub ledger for Listed and OTC Futures and Options product.
- Non-Financial Regulatory Reporting to Futures Exchanges and Regulators
- Setup and maintenance of static data, clearing fees and memberships within sub ledger and Exchanges.
- Ensuring compliance with regulatory and industry mandates across 15 Legal Entities
- Production of reports and information required to comply with regulatory requirements and internal control policies.
- Researching and resolving problems within the line of business
- Day-to-day analysis, research, and resolution of varied problems
- Maintain communication between various lines of business and either the vender or internal technology teams.
- Generates ad-hoc reports as requested by regulators performing audits.
- Work with project managers to ensure the bank is providing data per government regulations.
- Senior software QA testers with full system development lifecycle experience, performing testing of impact of changes within GMI and custom processes to tracking reported issues for PTF release.
- Creates various job flow charts for process improvement.
- Enhance users understanding of systems by delivering group and individual training sessions and creation of user-friendly training materials.
- Troubleshoot user issues, analyzing root cause and taking corrective actions in collaboration with internal departments.
- Maintain vender parameters, profiles, and contracts in global environments.
- Daily BAU including reconciliation and correction of internal general ledger, risk analysis of key fields via auto-generated alert reports, and data mining,
- Contributed to significant business risk security by maintaining 85+ user groups, used to regulate the authority of over 600 users on the GMI system.
- Confident communicator who proactively identifies and raises risks and issues.
- Flexible in adjusting to demands and challenges, with ability to work at a fast pace, in a high-volume environment and meet tight deadlines.
- Experience and commitment to identify and drive improvements to existing processes.
- Experience of using GMI back-office software as well as 3rd party systems like Cesium, EFS & BPS.
- Strong communication, partnership and relationship building skills.
- Candidate should be intellectually curious and understand what drives processes, with ability to assess risk, propose design of effective controls and implement to plan to streamline existing processes.
Business Analyst - Chicago, United States - Tailored Management
Description
This is your opportunity to join a multinational investment bank and financial services holding company whose investment banking and auxiliary sectors serve 56 million US consumers and small business relationships with a global footprintJob Title:
Business Analyst
Pay Rate:
$48.44 per hour (paid weekly)
Location:
540 W Madison Street
Schedule: Hybrid Schedule (3 days in office/2 days WFH)
Job Type:
6-Month Initial Contract
***Potential for contract extension or conversion based on business need and job performance
***Access to health benefits
Who we are:
Global Collateral Operations & Exchange Traded Derivatives Operations (GCO & ETD Ops) are responsible for the exchange of collateral to reduce counterparty credit risk and for the support of post-execution trade clearing and product lifecycle management.
We provide front-to back support for a broad range of Clients (hedge funds, market makers, trading firms, advisers and investment banks), Global Market products and businesses including:
ETD Operations supports:
The Team:
The Data Control Team are considered Subject Matter Experts (SME) on the GMI back-office solutions software within the ETD space.
We support GMI applications and custom in-house processes for production involving but not limited to the following teams: Clearing / Operations, Client Services, Finance, Commissions / Fees, Risk, Brokerage, Client Money, Transaction Reporting and Client Integration.
Job purpose:
The Data Control Analyst role is considered the first level of support within the back-office operations production environment.
In addition to the daily set list of tasks, the data control team will provide input and guidance to various project managers and leads.
Having a general understanding of the financial markets, GMI back-office solutions software, and the full cycle of a transaction is required.
Strong analytical skills are needed to properly troubleshoot issues.Duties And Responsibilities:
Subject Matter Expert:
Provide input and guidance to various project managers and leads. Involved with complex initiatives and relied upon within the F&O organization.
Core Skills: