Delta 1 Trade Control Analyst
To support the Prime Finance business and Global Business manager to operate the trade control environment, operating within the Front Office in a newly developing middle office role the incumbent will be responsible for reviewing the daily trade flow emanating from the Equity Finance Delta One trading desk – ensuring that the appropriate approvals are sought, reviewing exceptions, seeking credit approvals and liaising with support functions to ensure that the business operates within limits.
Delta 1 Trade Control responsibilities:
- Reporting directly into the Global Business Manager, maintaining a high quality Front to back trade flow.
- The Trade Control role is a new role due to the increasing volume of business and will be a key position within a developing middle office team.
- Review trade approval applications from the trading desk / via the various trading platforms
- Review the control reports, highlight issues, exceptions or trends and take action with the relevant functions to resolve.
- Review trade amendment forms for accuracy and approve accordingly
- Drive improvements in the trade approval, cancel amend process and lead the enhancement of cancel amend reporting for the desk.
- Participate in the strategic programme of enhancements across the SBL and Equity Swap platforms to improve the trade workflow
- Coordinate and own the process for setting up new clients and brokers in the trading systems
Delta 1 Trade Control skills required:
- Awareness of Operational risk and control issues which will potentially impact the business
- Knowledge of Delta1 and Equity products essential
- Ability to deliver quality results within pressurised deadlines and prioritise effectively
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