Monitoring daily workflows to ensure confirmations are prioritized accordingly, ensuring the bank meets EMIR imposed, documentation targets Investigation of booking issues, which will involve daily interaction with Sales, Trading, Legal and other internal clients The successful candidate will be responsible for the following key tasksĭrafting, reviewing and negotiating (in case of disagreement with the counterparties) of Equity and/or Commodities confirmationsĮnsuring integrity of the Confirmation drafting process, reconciling Trade Confirmation Strong teamwork ethic, whilst also having the ability and initiative to work individually Strong communication skills, preferably with experience as a direct point of internal & external client escalation Proven experience of improved processes, controls and/or procedures Track and govern self-identified gaps and audit commentsĪn understanding of market/counterparty/credit and operational riskĪ good understanding of ISDA Derivatives DefinitionsĪdvanced knowledge of the ISDA Equity Derivative Definitions or proven experience in contracts writingĪwareness of current market initiatives in the Equity Derivative Documentation environment DFA, Clearing) and their implications to make recommendations Stay abreast of the latest developments (e.g. Regulatory initiatives – assist Regional Management with pre-emptively adapting to changing regulatory requirements. To participate in monthly group meetings which also includes, but is not limited to, knowledge sharing on a specific derivative product To take on ad hoc projects related to cost reduction and efficiency enhancement goals Information conduit between London and New York SDD teams Interface and tap Front Office (Sales & Trading) To ensure that lengthy delays in execution of outstanding documentation are escalated appropriatelyĬhase and follow up on all outstanding (unsigned) confirmations To ensure that operational risks associated with documentation are mitigated and to review structured documentation prior to issue to counterparties To ensure all confirmations are drafted, dispatched and executed in accordance with procedures, Standing Orders and regulatory guidelines (e.g. To ensure that all documentation complies with ISDA and current market practice, or where there are variations, that they are acknowledged and understood by the appropriate individuals and teams To assist in the drafting, reviewing and negotiation of ISDA confirmations covering equity derivative transactions
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