Request ID: 109271-1
Title: ISG Booking Model Audit Tester
Location: New York, NY (Local Candidates Only)
Pay Rate: $70.00-85.00/hr on W2/C2C (All Inclusive)
Duration: 06+ Months with Possible Extension.
We are seeking an experienced ISG (Institutional Securities Group) Booking Model Audit Tester to support audits of capital markets trade booking processes and related Treasury impacts. The ideal candidate will have strong expertise in trade lifecycle management, transaction booking, internal audit, product control, Treasury processes, and capital markets operations.
This role is responsible for validating that financial transactions are accurately recorded across legal entities, trading desks, products, accounting classifications, Treasury reporting, and regulatory reporting systems. The candidate will perform substantive transaction testing, trade-to-ledger validation, and outcome-based analytics to identify booking model risks, control weaknesses, and reporting inaccuracies.
Key Responsibilities
Trade Booking Model Assessment
- Understand and evaluate the Institutional Securities Group (ISG) booking model, including booking structures, legal entities, trading desks, product hierarchies, and downstream reporting impacts.
- Review booking-model governance, ownership, policies, standards, and approval processes.
- Assess whether booking rules align with approved business, legal entity, and regulatory requirements.
Transaction Testing & Validation
- Perform risk-based sampling of capital markets transactions across products, trading desks, legal entities, and geographies.
- Validate key trade economics and booking attributes.
- Confirm transactions are booked correctly to:
- Legal Entities
- Trading Books and Desks
- Product Hierarchies
- Accounting Categories
- General Ledger Accounts
- Funding and Liquidity Classifications
Trade-to-Ledger Testing
- Trace transactions through the complete trade lifecycle:
- Front Office
- Trade Capture Systems
- Operations
- Risk Systems
- Treasury
- Product Control
- General Ledger
- Regulatory Reporting
- Validate data consistency and integrity across systems.
Treasury & Liquidity Impact Analysis
- Evaluate the Treasury, liquidity, capital, and balance sheet impact of booked transactions.
- Assess funding classifications and liquidity reporting outcomes.
- Identify and investigate unusual changes in:
- P&L
- Funding Usage
- Liquidity Position
- Balance Sheet Exposure
- Legal Entity Exposure
Control Testing & Audit Execution
- Review:
- Manual Booking Overrides
- Trade Amendments
- Late Bookings
- Failed Trades
- Booking Exceptions
- Assess effectiveness of exception monitoring and escalation procedures.
- Evaluate change management controls over booking rules and system configurations.
Reporting & Documentation
- Prepare comprehensive audit workpapers and testing documentation.
- Communicate findings and recommendations to:
- Internal Audit
- Treasury
- Product Control
- Operations
- Technology Teams
- Assess financial, capital, liquidity, and regulatory reporting impacts of identified issues.
Required Qualifications
- Bachelor's Degree in Finance, Accounting, Economics, Business, or a related field.
- 4+ years of experience in one or more of the following:
- Capital Markets Internal Audit
- Product Control
- Market Risk
- Treasury Audit
- Trade Operations
- Finance Controls
- Strong understanding of:
- Trade Lifecycle
- Transaction Booking Processes
- Trade-to-Ledger Flows
- Legal Entity Booking Structures
- Product Classification
- P&L Attribution
- Financial Reporting
- Experience performing substantive transaction testing and audit procedures.
- Strong analytical and problem-solving skills.
- Advanced Client Excel skills.
- Excellent written and verbal communication skills.
Company Benefits & Culture
- Competitive salary and benefits package.
- Opportunities for professional growth and development.
- Inclusive and collaborative work environment.
For immediate consideration please click APPLY to begin the screening process with Alex.