
Trade Processing
1 week ago
YOUR IMPACT
We promote continuous learning by way of cross training and business engagement across the stack of functions for the respective FICC product class. Your role will involve active partnership with the sales, trading, credit, legal and other operations teams which will be key to effectively manage the risk and business / client expectations for the
trades we support. In addition to the responsibilities assigned to you, you will be encouraged to contribute ideas towards enhancement and streamlining the activities.
The FICC Operations team manages the FX/IRP trade confirmations and settlements work-flow. The team is responsible for ensuring all FX/IRP OTC derivative deals are confirmed in a timely manner and settled. Partnership with multiple groups are key to effective risk management - teams ensure discrepancies are investigated and resolved by leveraging internal sales/trading , technology, legal, Middle office teams and external dealer / client backoffice contacts. The analyst is require to be dynamic and client service oriented with high focus on risk and control.
From an early stage, we develop and expect our analysts to think creatively and outside the box , as well as improving the daily process and taking responsibility and ownership for this to happen. The role also requires the ability to seamlessly switch between multiple activities and significant interaction with clients so communication will
be a key asset.
JOB SUMMARY AND RESPONSBILITIES
- Risk manage confirmations and settlements for Foreign Exchange and Interest rate Derivatives transactions
- Pro-actively work with external clients and other dealers to resolve economic and language discrepancies on FX / IRP deals
- Partner with internal teams - Sales , Trading, Credit, Technology and other operations teams to ensure timely confirmation and settlement
- Accurate and timely settlement of cash-flows with adherence to the internal payment policy and procedures
- Maintain accurate and clean post settlement work-flows - breaks, fails, etc
- Design and initiate process improvements with thorough understanding of the teams processes and controls
- Resolution and escalation of all client disputes and queries
- Project and initiative management and participation within the team and across regions
BASIC QUALIFICATIONS
- Bachelors degree
- Strong motivation to succeed, both as an individual and as a team
- Ability to work under pressure, prioritize and meet deadlines, at the same time as risk mitigation
- Effective problem solving and critical-thinking skills
- Ability to use discretion and good judgment
- Excellent communication and interpersonal skills with a strong appreciation of client service
PREFFERED QUALIFICATIONS
- Minimum 1-3 years of experience in Operations or related field
- Risk and Control focused
- Ability to deal with multiple complex issues at the same time while meeting client deadlines
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