
Trade Processing
4 days ago
Overview:
To provide assistance to the Trade Processing team, while working with the Reconciliation and Client Service departments.
**Responsibilities**:
- Follow and understand all internal procedures & comply with general FCA principles of business.
- Ensuring that the company is adhering to market regulation concerning Clearing functions
- To provide knowledge, assistance and hands on experience for the following:
- Clearing and trade allocation for all markets, including but not limited to LME, CME, ICE, Eurex, EEX, and FX
- Liaising with the front office to ensure that trades are accurately cleared in an effective and timely manner
- Executing top day offsets so that position maintenance requirements of the Clearing Houses are met
- Working with the Client Services team to provide a high standard of output to customers
- Working with the Derivatives Reconciliation team to ensure that reconciliations are accurate
- Intraday monitoring of positions in delivery period or approaching expiry and to liaise with the Deliveries team regarding those positions
- Providing top day recaps to customers
- Escalating issues that require management attention
Qualifications:
**Knowledge and Experience**
- 1-2 years’ experience in operations with good knowledge of Clearing House requirements
- Familiarity with industry-standard derivatives platforms.
- Knowledge of XTP and its various modules preferred but not required.
- Trade flow knowledge from execution to settlement
- Strong understanding of derivatives, including futures and options, as well as their associated lifecycle events.
- Working knowledge of the below systems would be desirable
- FFastFill Seals, LME Smart, LME Select, ICE FEC, ICE ECS, EEX Clearing, CME Clearing Europe FEC+, Eurex C7, XTP, ECCW.
**Skills**
- Attention to detail and ability to handle multiple tasks in a fast-paced environment
- Effective communication and interpersonal skills, with the ability to build relationships and collaborate with various stakeholders across the business.
- Effective organisation and time management skills.
- Strong communication skills (written and oral)
- Effective planning, organisation and time management skills
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