Job Information
SPECTRAFORCE TECHNOLOGIES INC Global Banking and Markets - Margin, Collateral and Val Ops in SALT LAKE CITY, Utah
Job Title: Global Banking and Markets - Margin, Collateral and Val Ops - Analyst Location: Salt Lake City, Utah Duration: 5 Months Shift Timings: SBH
Job Summary
The Portfolio Reconciliation and Valuations Team falls under the broader MCVO (Margin, Collateral and Valuations business unit) which is within the greater Portfolio Services and Client Onboarding sub-division. This business unit supports all areas of the firm dealing with funding, cash movement, collateral and margin management and pricing.
Portfolio Reconciliation and Valuations are responsible for ensuring the reconciliation of positions is accurate and any discrepancy resolved in a timely manner. In addition, the team provides critical Valuation reporting to select clients for the positions they hold with Client across multiple products. The team manages a variety of products (OTC derivatives) and is responsible for ensuring clients and 3rd party reconciliation tools receive their reports on a timely fashion according to their requirements. This is a function in line with Dodd-Frank requirements and is heavily related to the margin rules program since Sept. 2016.
Responsibilities
Liaise with clients in order to track and resolve position discrepancies Consolidate requests in order to communicate pricing and position issues with Controllers, Credit and Middle Office teams Deliver position reports to clients and 3rd party vendors on a timely fashion Review and resolve collateral disputes using various firm tools while liaising with clients, trading, Controllers, Credit, etc Skills:
Basic Qualifications Bachelor's degree with experience in financial services Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail Aptitude for building relationships and ability to communicate complex issues to a wide array of internal clients with differing levels of product experience Self-motivated and proactive team player who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities Flexible and able to work well under pressure in a team environment
Education: Bachelor's degree
SPECTRAFORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at nahr@spectraforce.com if you require reasonable accommodation.