Prime Brokerage Services Analyst
|Reference # :||17-05225||Title :||Prime Brokerage Services Analyst|
|Location :||New York, NY|
|Position Type :||Direct Placement|
|Experience Level :||Start Date :||05/31/2017|
|Eclaro International is currently recruiting for Prime Brokerage Services Analyst for one of our financial services clients.|
The Global Markets Finance & Services (GMF&S) business provides cross product prime broker services (financing, custody, accounting, clearance/settlement, reporting) to hedge fund, institutional and broker/dealer clients globally. The business is centered in New York, London and Hong Kong, supporting clients on a regional and global basis.
There are two distinct business units within the Prime Broker business:
? Global Prime Broker (consisting of Domestic Prime Broker - DPB; Brokerage Professional Clearing Corporation (MLPro) and International Prime Broker via Brokerage International - IPB)
? Exchange Member Clearing via Client Pro
? Issuance of daily regulatory and house margin calls for Prime brokerage clients.
? Monitor equity releases, including fed funds wires, delivery and receipt of securities (both free and vs. payment) and journals of cash and / or securities between accounts
? Interface with the client, Client management, Prime Brokerage Client service and Sales regarding various margin and risk issues
? Ensure compliance with all Client and SEC regulations
? Focus on improving processes and controls
? Business Degree preferred - Accounting or Finance degree preferable, CPA or CFA also preferable
? Some knowledge of prime brokerage and hedge fund trading strategies such as stat arb, convertible arb, long/short market neutral, stock picker, etc.
? Familiarity with margin/capital regulations (15c3-1; NYSE Rule 431; FRB Regulation T & U, Client Portfolio Margining)
? Some knowledge of enhanced leverage products preferred
? Excellent communication and presentation skills