Posted: 18 June
The role
JOB PURPOSE:
To assist with leading and managing GM’s Structed Trading & Solutions activities, including overseeing structuring and execution of transactions, conducting risk and investment return analysis, and supporting colleagues and junior traders, to maximise profitability while minimising risk exposure and ensuring compliance with internal policy and external regulators.
Key Accountabilities:
Key Responsibilities & Accountabilities:
- Deliver the business strategy and manage/leverage customer flow to meet and surpass set budget.
- Proven experience in Structuring and trading of Structured credit & Asset backed financing transactions, viz., Structured reverse repos, TRS, with focus on Developed & emerging markets. Strong understanding of RWAs, Capital and funding related variables. Prior experience dealing in Latin American markets, UK & European markets would be given preference.
- Ability to independently lead transactions, including documentation negotiation with legal and external stakeholders, booking and risk management.
- Enhance the desk (and Global Markets) in a wholistic manner for example, expanding product offerings, systematic and procedural improvements, mentoring/training of junior staff members
- Support distribution avenues to enhance the business
- Development of new products based on holistic understanding of capital, XVAs, and other relevant risk metrics
- Provide pricing to facilitate customer business and work with Sales colleagues in developing the client franchise
- Independently accompany sales on customer visits, be available for customer calls
- Work closely with quant teams in refining and calibrating pricing and valuation curves as well as booking models
- Manage complex and long gestation transactions.
- Know and understand pricing constructs and modelling of relevant products
- Ensure new and existing curves, frameworks, systems development and processes are fit for purpose and are aligned with market best practice
- Produce market commentaries and trade recommendations where required
- Work closely with Risk teams in adapting and expanding the relevant mandate according to opportunities and the risk appetite of FAB
- Interact internal colleagues to help develop synergies and spread knowledges
- Participate in improving reliability and efficiency of reporting
- Responsible for meeting financial and business objectives set by the Head
- Ensure compliance with all appropriate limits including risk and counterparty limits
- Identify and analyse new product and regional opportunities
- Develop and implement risk mitigation strategies
- Ensure swift and consistent pricing to all internal and external customers
- Expand counterparty awareness of our capabilities to attract new flows and limits
- Cultivate and maintain strong relationships with counterparties, brokers and other market participants.
Qualifications & Experience:
Minimum Qualification:
- Bachelor’s degree in finance, Accounting, Economics, Commerce or related discipline.
- Master’s degree or equivalent professional certifications in Finance is preferred.
Minimum Experience & Attributes:
- Minimum of 15 years relevant markets experience in similar positions
- A strong understanding and relevant trading experience in Structed Trading & Solutions (structured reverse repos, Total return swaps, Credit default swaps, be-spoke deals, etc.) as well as global markets products.
- Strong market-making skills and well-developed risk management techniques are essential
- Knowledge of relevant regulations and jurisdictions and compliance requirements
- Proven track record on managing risk effectively and delivering consistent financial performance
- Strong Microsoft office skills including VBA/Macro development
- Strong interpersonal skills
- Strong analytical background & quantitative skills
- Experience with Murex preferred, Bloomberg User
- Self-starter which shows initiative and able to problem solve & work with stakeholders confidently.
