Oversight, Quality & Controls (OQC) Analyst

This vp-level role is in the Oversight, Quality & Controls (OQC) team within Global Markets Operations. He/she/they will be responsible for performing daily booking and anti-fraud controls for NY entities as well as supporting various structured products desks.

 

Primary Responsibilities:

• Responsible for maintaining all Anti-Fraud controls: Cancelled trades, Modified trades, Variation Margin, Internal trades, Cash Consumption, Trade Validation, Technical counterparties, A-typical transactions, Initial Margin, Notional Balances.
  • Research breaks and make risk assessments (i.e. market risk, credit risk, operational risk).
  • Identify trends such as booking errors, system errors, etc. and report daily to Compliance (2nd level control).
  • Initiate effort to remediate and prevent undesirable repetitive threshold breaks.

 

• Investigates reconciliation exceptions and escalates breaches to the appropriate parties including the second level control
• File incident reports to Operational Risk that impact PnL, Risk, Hedging, Credit Risk, and Market Risk
• Input and model new transactions in our key risk management and pricing tool (PolyPaths); liaising with the Risk Department, Front, and Back offices
• Approve SSI’s in various payment and sub ledger systems.

 

       Other Responsibilities:

• Maintains database for trigger and collateral data on structured credit transactions. 
  • Capture, extract, and massage data and update database
  • Perform trigger calculations on a monthly basis and produce trend reporting
  • Produce weekly and biweekly balance reconciliations for loans
• Manages monthly downloads of trustee reports for structured transactions.
• Prepares monthly KPIs, KRIs and trends for Permanent Control, Operational Risk, and Senior Management
• Coordinates and organizes governance projects with other Operations teams