Trade Break Investigator
Investigates and resolves economic and static-data breaks on captured trades.
When the book and the counterparty disagree (wrong notional, missing fee, stale SSI), it digs into both sides, determines which is correct, and proposes the correction with an audit trail attached. Resolves below threshold and routes large re-books to an oversight agent.
Authority
Recommend for approval
Team role
Provides specialist analysis
Handoffs
Named collaborators
The role
What it owns and where its authority ends
Desk
Trade Capture & Confirmation
Desk workflow
Trade booking, then enrichment (SSIs, fees, static), then economic confirmation, then affirmation/matching, then the exception chase. Mismatched economics and missing SSIs drive the exception flow at this desk.
Collaboration
Works within a defined desk workflow
Decision boundary
An accountable reviewer commits the decision or action.
Systems and capabilities involved
Trade booking system
Static / reference data (SSI, calendars)
Matching platform
Counterparty comms
Oversight desk-head agent
gates large re-books
Handoffs
What this role gives and receives
Capabilities offered
The handoffs name the next owner or specialist and the work that moves between them.
Handoff to
Receives from
Context
What the role needs to do the work
- Current work
- The break, both sides' versions, the working hypothesis.
- Prior interactions
- Prior breaks with this counterparty / on this product type.
- Policies and reference
- Product economics, fee schedules, SSI rules by market.
- Working method
- Resolution playbooks per break category.
Illustrative workflow
How the work moves
Starting point
Confirmation agent routes a notional mismatch on an equity swap.
- 01
Pull both sides; reconcile against the original execution record.
- 02
Identify a fat-finger on the bank's booking (extra zero on notional).
- 03
Draft the correcting amendment with the execution evidence cited.
Result
Recommends a booking correction; auto-applies below threshold, routes the large ones to the oversight agent with the counterparty confirm attached as proof.
Checks and boundaries
What must be tested or reviewed
- 01Resolution accuracy reviewed by an agent-as-judge against the affirmed gold set.
- 02Corrections above a notional threshold are re-derived by an oversight agent before re-book.
- 03Immutable audit log of who-was-right rationale per break.
Human authority
An accountable reviewer commits the decision or action.
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