Operations Analyst

Spectraforce Technologies
United States, Utah, Salt Lake City
Dec 20, 2024
Job Title: Operations Analyst Duration: 6 Months Location: Salt Lake City, UT Job Description: Your Impact You are looking to join a fast-paced, dynamic team that has broad connectivity across the firm for a franchise critical process. You will collaborate with cross-Federation teams and across the globe to manage the firm's cash payments and receipts each day. You have a strong desire to learn about the firms different businesses and how they support our client and manage business risks, as well as work closely with a network of key banks and internal payments team to ensure smooth execution. Our Impact Enterprise Operations is a sub division of the Operations Division. As a global, multi-faceted and cross product sub division, the primary objectives are to mitigate counterparty credit risk through the active monitoring of clients' derivative and securities financing portfolios while optimizing the firm's liquidity. Enterprise Operations is currently 1500 staff strong globally, with regional presence in Salt Lake City, Dallas, New York, London, Bangalore, Singapore, Hong Kong, Tokyo, and many other offices working closely together. The sub division has a rare opportunity to support products and business ranging from foreign exchange, commodities, credit, equity, interest rates, Repo, insurance/pensions and bespoke structured derivatives and arrangements. We manage a wide range of complex processes, with members developing skills and competencies around derivative and security products, funding projections, cash management, margin risk management, counterparty exposure management and their respective business areas, legal agreements, technology flows and regulations. How will you fulfill your potential Manage a portfolio of cash payments and receipts; work with business units to monitor payment, credit and sanctions risk Actively assist to develop an overall payments strategy as the industry evolves alongside our business needs. The ideal individual will assist the management team to build our next generation capabilities in the payments space Oversight payment controls functions including sanctions control. Liaise with AML compliance team to resolve payment exception risk with excellent senior management exposure. Front line interaction with a network of key vendors across cash agent banks as well as central banks. Ensuring accuracy and integrity of the firm's books and records. Performing a number of payment control functions, ensuring the integrity of our process. Manage our daily cash payments and receipts for a particular portfolio. Work with internal business units to resolve cash settlement exceptions / issues. Skills: Proven analytical skills, problem solving ability, and attention to detail. Understanding of the US cash payments infrastructure will be consider as an advantage. Education: Bachelor's degree