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Trade support senior associate - global middle office – interest rate derivatives

London
Morgan Mckinley
Posted: 3h ago
Offer description

Our client are a leading Investment Bank based in the City


Acountable for the execution of assigned of trade support activities for International Rates Trading that require

specialized handling and skills applying in-depth product knowledge. Support the introduction of new products,

technology and processes. Develop and maintain excellent working relationships with Capital Markets Trading &

Sales, Product Operations and other stakeholder groups.


Key Accountabilities

A. Product & Process

B. Risk & Control

C. Business Performance Management

A. Product & Process

 Accountable for the execution of assigned on-desk trade support activities in a timely, accurate and efficient

basis.

 Book, validate and amend trades, affirm and allocate trades in Markitwire, Calypso and TOMs.

 Review trade discrepancies and investigation

 Perform trade and position reconciliations. Investigate PnL and booking issues. Brokerage checks and any

other adhoc requests by trading desk.

 Support the resolution of exceptions, escalating to management as required.

 Support the introduction of new products or processes and new technologies that are in line with Business

Partner initiatives participating in the analysis, testing and implementation activities.

 Work closely with internal and external stakeholders in support of Rates Trade Support activities.

 Participate in various stakeholder forums (Project Delivery/ Technology/ Regulatory/ Risk) in support of Rates

Trade Support activities.

 Compile risk metrics for management.

B. Risk & Control

 Identify potential risk situations within the scope of Rates Trade Support activities, escalating to management

as required.

 Ensure adherence to directives, internal processes and internal approvals to mitigate risk to the bank

 Understand regulatory and compliance requirements as prescribed for the business unit to ensure adherence

as required.

 Contribute to testing and updating of contingency planning to support the business and maintain continuity of

critical processes throughout a contingency event.

 Contribute to ensuring all procedures/ standards of team(s) are documented and regularly reviewed and

updated as needed in accordance with market best practise guidelines and industry regulations.


JOB DESCRIPTION


Classification: Internal Page 2 of 2

C. Business Performance Management

 Identify opportunities to improve the operational effectiveness of assigned day-to-day Rates Trade Support

activities.

 Deliver exceptional customer service that builds trust through responsive, accurate, consistent,

knowledgeable and available services and support.

 Develop excellent working relationships with Capital Markets Trading Products desks, Product Operations

and other stakeholder groups ensuring we have a global view across the business.

 Align individual performance goals to the team.


Knowledge and Skills

 5+ years experience supporting rates or structured interest rates trading desk

 University Degree in related discipline

 Strong knowledge and understanding of a range of financial products including interest rate swaps, inflation

swaps, cross currency swaps, bonds, futures, options, fras etc including structured rates products

 Expert knowledge of Markitwire and Calypso, extensive experience


.

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