CIB is seeking an analytical, team player who will be actively involved in all aspects of the group’s operational responsibilities including monitoring all daily cash flows, perform intraday reconciliation and validation of end of day positions. Additional responsibilities include execution of client setup, collateral management, adhoc reporting, ongoing KPI reporting, etc. The ideal candidate will be challenged with the fast pace environment while maintaining adequate controls within the daily workflow processes.

Team Description

The Specialized Product Group team provides support to a wide range of bespoke products, mainly Asset Backed Securities, different types of Loans and Tax Oriented Investments. 

 

Role Description

CIB is seeking an analytical, team player who will be actively involved in all aspects of the group’s operational responsibilities including monitoring all daily cash flows, perform intraday reconciliation and validation of end of day positions.  Additional responsibilities include execution of client setup, collateral management, adhoc reporting, ongoing KPI reporting, etc.  The ideal candidate will be challenged with the fast pace environment while maintaining adequate controls within the daily workflow processes.  

 

Primary Responsibilities

Review and understand deal pricing and legal documentation used for setup of new clients.  Run preliminary invoicing, and review with front office for accuracy.   Understand the process of daily account reconciliation and take an active ownership role to ensure daily balances are maintained, and any discrepancies are reported, researched, and resolved within specified timeframes. Analyze partnership financial statements, tax returns, monthly operating reports and budgets  Incorporate financial results and perform sensitivities for assigned transactions  Support transaction management by verifying accuracy of funding memos with trade counterparts and coordinate the completion of post settlement activities including cash differences  Take ownership of various metrics reported to management on daily/weekly/monthly basis.  Ensure information is relevant, accurate, and timely.     Analyze and define efficient, cost effective solutions that support user business processes and functional requirements on projects Manage various projects as needed and participate in system testing as needed.

 

Additional Responsibilities

Metrics Reporting Participate in key line of business project initiatives Review daily reports and escalate issues.

 

Minimum Requirements

• Bachelors degree in Business or equivalent work experience.

• Minimum of 2+ years in trading, finance operations support function.

• Excellent MS Office skills, specifically Excel.

• Excellent verbal and written communication skills.

• Strong quantitative, analytical and computer skills.

• Strong time management skills required to meet critical deadlines and prioritize.

• Ability to work under pressure while maintaining controls over processes.

 

Preferred Qualifications

Strong team player. Willing to dive into the details and understand how process works. High level of motivation, dependability, intelligence, and a team player. High degree of commitment to ensure accuracy of deliverables.