Job#: 3044283 Job Description: IT Business Analyst
Location: New York, New York (Partial Remote)
Role Overview
The Structured Desk Support Associate works with the Global Structured Products trading desks, providing support for pre- and post-execution events. This role ensures downstream feeds for various products are set up correctly and serves as a liaison between the trading desk and other stakeholders. The position is accountable for executing Global Trade Support activities for various products and processes that require specialized handling and in-depth product knowledge.
Key Responsibilities
- Ensure new trade bookings and amendments are accurately reflected on trading platforms and updated for life cycle events.
- Liaise with the trading desk and stakeholders such as Accounting, P&L, and Market Risk to ensure new product setups and downstream flows are accurate.
* Act as a first line of defense to ensure appropriate controls are in place to reduce operational risk.
- Collaborate with IT to automate transaction workflows and create robust trade booking and monitoring tools.
- Participate in system migration and enhancement projects, including conducting UAT testing.
- Investigate and resolve position, trade, and payment discrepancies.
- Manage the end-of-day process, including completeness and reconciliation checks.
- Maintain and update procedure documents.
- Identify potential risk situations and escalate to management as required.
- Ensure adherence to internal processes, approvals, and regulatory and compliance requirements.
Required Qualifications
Education: A University Degree or College Diploma in a related discipline is required.
Experience: 1-3 years of business-related experience in the financial services industry is required. Project or testing experience and experience with on-boarding trading platforms are mandatory.
Technical Skills: Advanced Microsoft Office skills, particularly in Excel, are required. Familiarity with TraderEH, SwapOne, Imagine, Calypso, and Bloomberg is necessary.
Preferred Qualifications
- Knowledge of vanilla and exotic derivative products, including Structured Notes, Equities, OTC Equity and Interest Rate Derivatives, Swaps, Forwards, Loans, and Bonds.
- Knowledge of Financial Markets and regulatory oversight bodies.
- Strong investigation, problem-solving skills, and attention to detail.
- Ability to work under tight deadlines independently or in a team-based environment.
- A good understanding of the business unit's risk and regulatory requirements.
Everforth Apex is a world-class IT services company that serves thousands of clients across the globe. When you join Everforth Apex, you become part of a team that values innovation, collaboration, and continuous learning. We offer quality career resources, training, certifications, development opportunities, and a comprehensive benefits package. Our commitment to excellence is reflected in many awards, including ClearlyRateds Best of Staffing in Talent Satisfaction in the United States and Great Place to Work in the United Kingdom and Mexico.
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Everforth Apex Benefits Overview: Everforth Apex offers a range of supplemental benefits, including medical, dental, vision, life, disability, and other insurance plans that offer an optional layer of financial protection. We offer an ESPP (employee stock purchase program) and a 401K program which allows you to contribute typically within 30 days of starting, with a company match after 12 months of tenure. Everforth Apex also offers a HSA (Health Savings Account on the HDHP plan), a SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions, a corporate discount savings program and other discounts. In terms of professional development, Everforth Apex hosts an on-demand training program, provides access to certification prep and a library of technical and leadership courses/books/seminars once you have 6+ months of tenure, and certification discounts and other perks to associations that include CompTIA and IIBA. Everforth Apex has a dedicated customer service team for our Consultants that can address questions around benefits and other resources, as well as a certified Career Coach. You can access a full list of our benefits, programs, support teams and resources within our 'Welcome Packet' as well, which an Everforth Apex team member can provide.
Everforth Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Everforth Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law.
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