Job description
Business type
Types of Jobs - Corporate & Investment Banking
Job title
Middle Office Support Bonds Officer
Contract type
Permanent Contract
Management position
No
Job summary
As an member of the Middle Office Support Bonds team, you will assist in executing control and support functions for the Global Markets Division trading desks.
Your primary responsibility will be to ensure the timeliness of trade capture, amendment, cancellation, validation, deal flow and lifecycle events in Front Office systems. Located close to the trading floor, you will develop a strong working relationship with traders while supporting the Credit Market Business Line that works with financial products such as Bonds, CDS, CDS Indices, Synthetic and Cash CDOs, Index Tranches, Swaps, FRAs and Strips.
You will contribute to the development of reliable and effective first-level control functions while ensuring proper booking of transactions and participating in various business development projects. This role offers opportunities to participate in initiatives related to client business development, transaction security optimization, and risk control enhancement, as well as involvement in business projects such as new markets development, new products, and adaptation to new regulations and market rules.
Key Responsibilities
You will be responsible for:
1. Perform trade validation in Front Office systems (1st level of control).
2. Process CDS & Indices trade bookings, unwinds, and follow-up.
3. Handle Swaps trade bookings, unwinds, and follow-up.
4. Conduct false/technical counterparty checks.
5. Support distressed assets lifecycle management.
Strategy and Business Planning:
6. Participate in process improvement initiatives for trade processing.
7. Support implementation of new control procedures.
8. Contribute to new product development from an operational perspective.
9. Identify efficiency opportunities within existing workflows.
10. Support adaptation to regulatory changes affecting Middle Office operations.
Supplementary Information
Join our team at Crédit Agricole CIB, the corporate and investment banking arm of 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2023). We offer more than just a job.
You will be part of a dynamic and collaborative work environment where CSR is embraced in our day-to-day business operation, innovation is encouraged and diversity is celebrated.
Crédit Agricole CIB, the first French bank to have committed to the Equator Principles, is a pioneer and global leader in sustainable finance. Our commitment to sustainability and corporate responsibility means that your work will have a positive impact on our communities and the environment.
With a people-centric culture where everyone is valued, and opportunities for personal and professional growth, Crédit Agricole CIB is not just a place to work – it is where you make an impact.
Our hiring process is open to all and should you have any particular needs or you may require adjustments, please let us know.
Position location
Geographical area
Europe, United Kingdom
City
London
Candidate criteria
Minimal education level
High school / Secondary school / A levels / AS levels / IB
Academic qualification / Speciality
• Degree in finance or previous experience in Middle Office functions.
Experience
11. Middle Office / Back Office / Trade Support experience.
12. Good knowledge of credit products: bonds and CDS.
13. Swaps
14. Structured products
Required skills
15. Fluent English.
16. Rigorous and organised
17. Autonomy
18. ability to work across disciplines
19. good communication both verbally and written
20. proactive
21. reliable
22. high technical and analytical ability
23. sensitivity to operational risk
24. ability to work under pressure
25. Integrity
Technical skills required
26. Proficient in Excel
27. Good knowledge of capital markets processes.
28. Good knowledge of Credit front office systems.
29. Good knowledge of Bonds front office systems.