VICE PRESIDENT - US CREDIT TRADE SUPPORT With Global Service Centre

Position Purpose

The role of the Credit Derivatives Trade Validation Associate is
accountable for the delivery of the Credit Derivatives Trade Support
Activities within the OTC & LD Trade Validation team which processes any
OTC & LD Transaction for which terms & conditions are negotiated with
the mandate to ensure that it is correctly represented in the booking
system consistent with the sale and allocated if necessary. They will
also ensure that the transaction is correctly feeding FO to BO booking
systems.

Controls and/or processes trade capture in FO/MO/BO systems

Monitors and processes trade events

Investigates on trade feeds confirmations and payments in case of
requests raised by other Operation teams.

Responsibilities

• The management of trades in Focus trade blotter ensuring trades are picked up and allocated and validating amends performed with the guidance of more Senior colleagues
• Booking of flow credit trades and structured credit trades ensuring alignment of trade term sheet
• Managing the flow of new trades and amendments from Front Office systems to Back Office system
• Running all reconciliations investigating any breaks identified and
• solving simple to intermediate breaks referring complex breaks to senior colleagues.

Solving queries relating to booking discrepancies

• Coordinate activities with internal clients and external clients to
• ensure the smooth delivery of operations processes and service levels in
• accordance with the established procedures and guidelines.
• Assist in the training of new and junior members of the team
• Ensure accurate and timely processing of rebooking initiatives and
• migrations.
• Provide cover for other members of the Trade Support team when necessary ability to flex between teams depending on daily volume and demand.
• Support the implementation of new system functionalities and raise IT
• requirements for bug fixing or system enhancements when possible

Participate in Transversal projects

• Comply with internal and external regulatory and compliance requirements
• Ensure all controls are in place and reconciliations fronttoback are
• investigated and reconciled:
• Emails from Back offices Middle offices and IT are investigated
• Emails from Credit Risk control are investigated
• Abnormal Trading are investigated and accounted
• Ensuring trades are booked timely and accurately on trade date
• Account for missing booking and escalate when necessary
• Checking of daily reports

Technical & Behavioral Competencies

• Knowledge in OTC Credit Derivative Products
• Deep knowledge of Middle Office Support functions
• Understanding the economical requirements linked to the cessation of the Libor
• Murex knowledge preferred
• Able to work under pressure
• Possess great team spirit but yet can work independently and is able to train her/his teammates
• Confident and possess good communication and interpersonal skills
• Project management skills

Credit Derivatives Trade Validation,OTC,credit derivatives