Trade Support Associate

TN United Kingdom; London; On-site; GBP 35,000 - 55,000; Full time

Job summary

Join a dynamic team as a Trading Services Associate, where you will leverage your expertise in trading structures and derivatives to enhance accuracy and efficiency. This role is crucial in capturing trading transactions and collaborating with various operational groups to ensure diligent performance of controls. You will contribute to strategic initiatives aimed at improving business processes while building a thorough understanding of trading structures from both financial and operational perspectives. This is an exciting opportunity to thrive in a fast-paced environment and make a tangible impact in the trading services sector.

Qualifications

• Understanding of derivatives like Interest Rate Swaps and FX.
• Clear communication and strong analytical skills are essential.

Responsibilities

• Capture all transactions in the Risk Management Systems promptly.
• Ensure timely completion of end-of-day processes and reconciliation checks.
• Collaborate with Operations functions for efficient query resolution.

Skills

Understanding of derivatives and hedging products

Knowledge of front to back Operations process

Clear communication skills

Attention to details

Strong analytical skills

Strong problem-solving skills

Technical skills in Excel

Job description

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Join our dynamic team as a Trading Services Associate! Leverage your expertise in trading structures and derivatives to drive accuracy and efficiency.

As a Trading Services Associate in our dynamic Trading Services team, you will play a crucial role in understanding and accurately capturing all trading transactions. You will work closely with various operations and infrastructure groups, ensuring diligent performance of all controls. Your contribution to strategic initiatives will help in improving and evolving our business processes. This role provides an opportunity to build an in-depth understanding of all trading structures from both a financial and operational perspective.

Job responsibilities

• Timely captures all transactions in the Risk Management Systems
• Completes intraday / end of day processes including completeness and reconciliation checks to ensure capture of new trading activity and general book management has been processed accurately
• Works closely with Operations functions and infrastructure groups to support a ‘one team approach’
• Ensures all controls are diligently performed, completed, and signed off on a timely basis
• Clearly and concisely communicates with all support teams to ensure the timely and efficient resolution of queries
• Participates and contributes to the various strategic initiatives; keeps improving and evolving processes and business architecture
• Builds an in-depth understanding of all trading structures from both a financial and operational perspective

Required qualifications, capabilities, and skills

• Understanding of all relevant derivatives and hedging products (Interest Rate Swaps, Basis Swaps, Cross Currency swaps, Forward Rate Agreement (FRA), Foreign Exchange (FX), Zero Coupon and Overnight Index Swaps (OIS), Bond and Futures)
• Knowledge of the front to back Operations process (including the key elements such as confirmations, settlements, and regulatory reporting)
• Understanding of the key elements of other infrastructure groups (. Finance, Market risk, Credit risk, Operational risk, Legal, Collateral, and recognizing the impact of the actions of the Trade support team on these areas
• Clear communication skills and an ability to use these to work collaboratively, explain, and challenge, as appropriate
• Attention to details and sense of ownership
• Great team player able to work in a pressurized and changing environment
• Strong analytical and numerical skills
• Strong problem solving, control, and project management skills
• Strong technical skills, especially in Excel