Trade Operations Analyst

PIC; London; On-site; GBP 45,000 - 70,000; Full time

Job summary

An established industry player is seeking a Trade Operations Analyst to enhance their Trade Operations team. This pivotal role involves onboarding a new portfolio management system while managing the trade lifecycle for diverse financial products, including Fixed Income and FX. The successful candidate will collaborate with multiple teams, ensuring seamless operations and fostering strong relationships with market counterparties. With a focus on data analysis and operational efficiency, this is an exciting opportunity to contribute to a dynamic environment that values expertise and innovation. Join a forward-thinking company that offers competitive compensation, a generous benefits package, and opportunities for professional development.

Benefits

Private Medical Insurance

28 Days Annual Leave

Study Support

Generous Pension Scheme

Qualifications

• Experience with the full trade lifecycle, from execution to settlement.
• Knowledge of market utilities like Bloomberg and TradeWeb is essential.

Responsibilities

• Manage Fixed Income trade lifecycle and settlements to minimize failures.
• Collaborate with various teams to enhance investment operations.

Skills

Trade Lifecycle Management

Fixed Income Knowledge

FX Liquidity Management

Relationship Building

Data Analysis

VBA

Python

Tools

Aladdin

Bloomberg

TradeWeb

MarketAxess

CTM

Swift

CLS

Job description

Role Purpose:

PIC has a great opportunity for a Trade Operations Analyst to join our Trade Operations team as part of the IPP investment platform project. This role involves onboarding Aladdin as the new portfolio management system and insourcing middle office functions. You will support multiple Portfolio Management and Trading teams investing in Fixed Income, FX, Liquidity Management, Treasury, and Private Equity / Private Credit products.

Key Responsibilities:

1. Work with market counterparties and outsourced providers to strengthen relationships, positioning PIC as a responsive, thoughtful, and fair counterparty. Understand market best practices and explore their adoption within PIC.
2. Oversee and manage Fixed Income trade lifecycle and settlements, aiming to minimize failed settlements.
3. Ensure timely and accurate completion of BAU tasks such as trade and cash instructions.
4. Extract and analyze trading, matching, and settlement data to inform internal stakeholders about trends relevant to our investment operations.
5. Collaborate effectively with Portfolio Managers, Traders, Investment Operations, Pension Operations, Finance, Legal, Risk, and Change teams.

Knowledge, Skills, and Abilities:

Technical:

• Experience with the full trade lifecycle, from execution to settlement, including confirmations, matching, and reconciliations.
• Familiarity with Aladdin is desirable; experience with other portfolio management systems is beneficial.
• Knowledge of market utilities such as CTM, Swift, CLS, Bloomberg, TradeWeb, MarketAxess, Alert, and Onboarding Accelerator.
• Experience with various financial products, including fixed income, FX liquidity funds, private equity, and derivatives.
• Knowledge of corporate actions, especially in fixed income, is advantageous.
• Proficiency in VBA, Python, or similar coding languages is desirable.

Personal:

• Self-starter with strong organizational skills.
• Experience building relationships with internal and external stakeholders, from Portfolio Managers to Custodians.
• Strong communication skills.
• Ability to organize work to meet deadlines.
• Experience delivering accurate, well-presented, and timely analysis.
• Committed to developing high levels of expertise.
• Ability to maintain high standards of accuracy and effectiveness in dynamic environments.

In addition to a competitive salary and participation in our annual bonus plan, PIC offers benefits such as private medical insurance, 28 days' annual leave (excluding bank holidays), study support, a generous pension scheme, and more.