| Overall Summary of the Job:
Responsible for managing the trade capture workflow in the primary trading systems across Derivatives, Foreign exchange, Fixed Income and related products. Trade capture responsibilities include, but are not limited to, performing initial trade bookings and amendments in the trading systems, resolving trade discrepancies, facilitating trade life cycle events and identification and resolution of variations in risk within primary trading system. In addition, the role requires all trade issues to be monitored, escalated as necessary, and resolved in a timely and efficient manner. As a result, the role is an escalation point for the various internal teams and external clients on transaction related issues. Cross training with team members supporting other products will be required for coverage purposes.
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| Primary Responsibilities/Essential Functions:
· Monitor trade capture workflow in the primary trading systems · Apply independent judgment and discretion when resolving trade discrepancies to ensure the firm’s capital is accurately applied · Based on product, system and proprietary knowledge, identify and resolve variations in risk in the primary trading system, e.g., booking discrepancies · Primary point of contact for the Front Office and Operations on matters of significance · Identify trades for bi-lateral compression to reduce risk weighted assets (RWA) · Able to handle trade compressions across multiple currencies · Coordinate the LCH/CME compression process via Trioptima using the Operations workflow tool · Apply customer instructions to complete allocations to ensure credit risk is applied in a timely manner · Ensure internal risk positions are appropriately reflected to mitigate any risk to the firm’s capital · Ensure initial trade bookings, trade amendments, client credit checks, allocations and novations occur in a timely manner · Book trades within regulatory time frames to comply with bank, client, and market regulatory standards · Initiate and map new customer trading accounts in all the relevant Front Office systems · Deliver high priority client service to meet client and internal expectations which directly affects the customer’s perception · Responsible for global connectivity and communication with global counterparts to ensure consistency and alignment to target operating models within the Middle Office |