Fixed Income Middle Office Associate

TD Bank, Inc.; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading financial services company is seeking a Trade Support professional in London. This role involves ensuring timely trade execution, performing data analysis, and managing relationships with various stakeholders. The ideal candidate will have strong analytical skills, experience with financial products, and a good understanding of risk management. This opportunity offers the chance to work within a collaborative team environment focused on excellence in trading operations.

Qualifications

• Strong analytical skills with experience in data analysis.
• Ability to manage relationships with stakeholders.
• Understanding of financial markets and risk management.

Responsibilities

• Represent Trade Support to stakeholders during business hours.
• Implement process improvements and automation.
• Perform data analysis for sales and trading teams.
• Support trade capture for Bonds, Interest Rate Derivatives, and FX products.
• Ensure trades are captured accurately and timely.

Skills

Process improvement

Data analysis

Stakeholder management

Risk monitoring

Communication

Tools

Excel

Markitwire

Calypso

Bloomberg

Murex

Job description

Trade Support is a division of The Fixed Income Middle Office. Trade Support is responsible for pre and post execution trade support for the TD Securities trading businesses within Global Markets, Trade Support ensures trades are reflected in the front office trading systems on an accurate and timely basis. Trade Support supports both trading and sales functions in London, Dublin, Toronto, New York and Singapore with specific accountabilities pertaining to trade capture, position management, business reporting and client analytics. Trade Support interacts with trading, Sales, Operations, Technology, Compliance and institutional customers to deliver its mandate. Trade Support will also support the ongoing development, design and adherence of the target operating model for front office processes that are required for effective trade execution, trade capture, position management and risk management.

Responsibilities

• Responsible for representing the Trade Support mandate to internal and external stakeholders during London business hours. In all instances it is expected that the individual will develop, promote and maintain positive relationships with all stakeholders.
• Analyse, identify and implement various process improvements and automation.
• Perform various data analysis within excel, which can then be presented to numerous teams including sales and trading.
• Responsible for the daily execution of the following activities:
• Supporting the IFI trading and sales desks with trade capture of multiple products in multiple systems.
• Main Products: Bonds, Interest Rate Derivatives and FX products.
• Main Systems Used: Markitwire, Calypso, Bloomberg and Murex.
• Ensuring all trades are captured accurately and in a timely manner.
• Assisting in the resolution of STP feed outages.
• Monitoring risk across the business to ensure that we adhere to policy limits.
• Resolution of ah-hoc queries relating to risk and P&L discrepancies.
• Investigation of ad-hoc trade queries – liaising with internal and external individuals to ensure all queries are resolved in a timely manner.
• Generation and reporting of client analytic data for the IFI trading and sales desks.
• Actively manage various initiatives and ad hoc requests. Initiatives will vary from infrastructure improvements, changes in regulatory requirements to supporting local business initiatives. The individual is expected to utilize their relationships to help drive these initiatives to completion.
• Evaluate any changes in regulatory requirements and changes in the business model and pro-actively make changes to adapt to maintain effective and efficient business support. Where appropriate, the individual will engage multiple stakeholders globally in order to deliver the most cost effective, value-added solutions.
• Work in partnership with other teams to ensure any audit or regulatory findings are managed and cleared within the committed timelines.
• Ensure both Functional and Regional Management are kept current and apprised of all relevant issues relating to Trade Support activities with proper escalation of issues in a timely manner.
• Maintain a good understanding of financial markets, stay current on developing issues regarding the principles of pricing and risk management, and various products employed by the business.