Trade Support Analyst I - Daily
Trade Support Analyst I - Daily
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Understanding of how to monitor trading positions and risks for accuracy throughout the day.
Coordinate lifecycle events with designatedSales/Trading Desks to ensure deals are properly reflected in Risk.
Contribute daily P&L estimates produce risk explain and investigate discrepancies with Official P&L produced by Middle Office.
Analytical and Operational Support to PCM Trading Desks
- Book process and validate trades in Front Office booking systems as soon as deals are executed so that Banks risk/position is updated realtime and applicable regulatory obligations (Dodd Franck EMIR Client etc) are met.Resolve all internal queries from the Trading desk or various Partner Functions (IT Middle & Back Offices Legal Risk ) on client transactions executed by Desk.Strong understanding of Post Trade Processes (Corp Actions Succession Events and Option Expiries) to be able to fully support/execute each request without supervision Maintain proper documentation of the Front Office operational processes.Followup with relevant departments to ensure all aspects related to posttrade processing (incl. trade confirmations Risk/P&L clearing/settlements) are successfully handled vis vis of the clients. Ensure outstanding issues are properly raised to sales/trading and monitored until resolved. Resolve internal queries from the Trading desk or various Partner Functions
- Process & Client Services Improvements
- Make recommendations for improvement of current processes working with business analysts on projects impacting desk and Front Office Support processes.
- In partnership with internal and external stakeholders develop solutions to resolve recurring issues and improve customer service.
- Improve PCM IT framework: report issues/bugs and propose IT enhancements to make the platform more scalable and resilient.
Required Education and Experience
- Bachelors degree or foreign education equivalent in Finance Economics or Mathematics.
- Minimum of two years of experience in a Front or Middle Office Trade Support role within Global Markets.
- Demonstrated knowledge in US PCM Markets and its industry infrastructure.
- Very strong expertise in trade booking validation market lifecycle events settlement and confirmation process for PCM products; including Corporate Bonds CDS Index and Structured Trades.
- Working understanding of the applicable regulations (EMIR Dodd Frank Client FATCA ).
- Demonstrated expertise using Excel and VBA to simplify and automate manual Front Office processes.
- Good knowledge of system architecture (front to back workflow pricers and risk management systems) for PCM products.
- Demonstrated commercial and collaborative attitude.
- Excellent communication skills (both written and verbal) including in client communication.
- Analytical mindset and problem solving.
- Very strong multitasking capability.
- Attention to detail.
- Ability to work well under pressure.
Employment Type
Full Time
