Credit Dealers Confirmation
- Sending across affirmation requests to clients and making sure trades are executed within the timelines
- Regular follow ups with clients and using the escalation matrix wherever required
- Dealing the end to end flow of the process and get into contact with sales and trading, brokers, MO and settlement teams on a regular basis to resolve breaks raised by clients
- Researching and resolving documentation discrepancies through proactive communication with internal partners (legal, sales, trading) and external counterparties
- Ensuring accuracy and completeness of internal confirmation records versus electronic platforms
Interest Rate Confirmation.
- Responsible for matching interest rate confirmations to adhere to CFTC/EMIR confirmation guidelines, and ISDA definitions.
- Chasing the counterparty for signed confirmations, or requesting them to provide their confirmations for the trade to close within the timeframe.
- Identifies CP, confirms by economic parameters, and attaches the confirms to the correct trade.
- Liaise with sales and trading desks on a daily basis to resolve counterparty inquiries and booking discrepancies.
- Reconcile both the confirmations and accordingly match the confirmations.
- I also prepare daily BAU reports.