FX Trade Support 3-4 Yrs

Job Description Job Description The team will be dedicated to providing full support to the Fixed Income Derivatives Business Units i.e. foreign exchange Trade Support Group, this team supports FX cash, NDF and FX Option desk. The group is structured to focus on independent control, risk and maintenance functions and each team member is assigned responsibility for a varied set of processes. The group will grow in size over time as more functions are migrated giving scope for future exposure to new processes, products and career progression. The team has reporting lines to the Global Head of Derivatives Operations as well as regional reporting lines to the regional functional risk and process owners. Primary Responsibilities - Reconciliation of Trader's Risk products and positions to Firm books and records and investigation and resolution of breaks. - Reconciliation of upstream & downstream systems to ensure trade flows are complete - Monitoring of specific system error queues, which require investigation and resolution to ensure the trade flows downstream. - Preparation of funding balance for trading desk. - Post funding validation. - FX vs IRS reconciliation. - Front office - Back office (FOBO) reconciliation. - LCH Forex clear Fixing reconciliation. - Trade exception monitoring for FX option desk. - Production and distribution of exception reporting highlighting specific exceptions that require specific actions to resolve. - To process requests from Internal Trade Support teams to update MS Internal Mainframe Systems Skills required (essential) - Strong numeracy and analytical skills - Graduate - Up to 3 years of experience in Foreign exchange, Middle office or reconciliation. - Accuracy, good organization skills - Strong Communication (Writing and Verbal) Skills. Effective interaction with others across departments and regions - Solid knowledge of Microsoft Office, and/or other relevant applications - Ability to quickly digest new information and learn new businesses and processes - Ability to think strategically and provide insight into how to improve existing business and technology processes - Attention to details - Work independently - Proactive and self-motivated - Result-focused mindset Skills desired Operations Competence Framework DEFINITION Commercial / Business Orientation Guardianship Consistently highlights problems and errors to Manager. Based on their developing knowledge, judges when an issue is a potential problem and will raise it to their supervisor. Prepared to voice their concerns to Senior Management. Acting as a point of escalation for issues raised by internal / external clients Client Skills Establishes and maintains effective working relationships with all clients they support. Functional Knowledge Job Skills Understands fundamental components of position and how it relates to workflow. Seeks to understand the system itself. Demonstrates broader knowledge of work systems. Business / Product Knowledge Demonstrate expert business knowledge concepts. Understands the role and objectives of the department and the functions of other divisions. Interested in learning how business/products are created. Technology Knows how the systems link to each other. Maintains data integrity understands system process flow and the implication of a break in the process. Size and Type of Role Defined by the complexity and breadth of the role. Where the role demands a high level of specialized knowledge, complexity will be evaluated by considering length of time to reach full mastery. Role must be developed or identified for the next level. Professional Skills Integrity Takes responsibility for own actions. Learns from own and others experiences. Shares own knowledge where appropriate. Looks for innovative ways to be more efficient. Uses the utmost discretion in dealing with sensitive/confidential information Planning & Control Agrees on requirements of role and development objectives with manager. Works accurately, independently and quickly to meet deadlines. Knows what is important and prioritizes accordingly. Prepared to question others on their timeframes. Provides status on assigned tasks. Is prepared to raise issues & ask questions when necessary. Communication Writes and speaks clearly and concisely. Listens to others. Determines the importance of an issue when deciding who to involve in communications. Keeps others informed. Teamwork Puts in the necessary time or effort to meet team objectives. Builds effective relationships within own group. Appreciates and respectful of varying cultures within the organization. Shows some interest in understanding what is happening with other teams. Managing People N/A Leadership Promotes own ideas and is able to sell the benefits to others. New Professional competencies Analysis & Judgment Retrieves appropriate facts. Notices gaps, risks, errors and changes in data/information. Checks the facts. Drive & Resilience Incorporates sustained performance Takes full accountability for completing a task to expectations. Confident in resolving issues. Knows when to ask for help. Stays calm under pressure.