Desk Assistant- NZD FX

TP ICAP Group; Wellington; On-site; NZD 55,000 - 72,000; Full time

Job summary

TP ICAP Group in Wellington is seeking a detail-driven Middle Office Administrator to support brokers by capturing trade details and performing data entry with accuracy.

You will input FX Forward trades into front end systems, ensure timely delivery of confirmations to clients, and assist with settlements and reporting across the OMS and related processes.

Experience with Excel and a keen interest in financial markets are desirable for this role.

Qualifications

• Degree qualified.
• High attention to detail.
• Proven experience of numerical accuracy.
• Proven experience in Excel.
• Interest in Financial Markets.

Responsibilities

• Input FX Forward trades into front end trade capture systems.
• Ensure that all trades are delivered to the client via a 3rd Party electronic mechanism such as OMS.
• Ensure that all confirmations are delivered to the client via E-Mail and liaise with Clients or Brokers on issues.
• Resolve any queries related to non-delivery of electronic confirmations, liaising with the 3rd Party Vendor or Ops Services.
• Ensure timely and accurate entry of trades into OMS.
• Oversight of clearing and reporting processes relating to errors or defaults.
• Cross checking the agreements against the rates in OMS and maintaining a summarised brokerage list.
• Maintain client balances and notify brokers and back office to adjust rates when caps are reached.
• Assisting settlements with SDM – changes to make, adding traders and maintaining client details.
• Checking exception brokerage reports and ensuring variances are valid.
• Cross training new staff.
• Maintaining an up to date contact list.
• Provide daily, weekly and monthly reports to Commercial and Operational management.

Skills

Attention to detail

Numerical accuracy

Interest in financial markets

Education

Degree qualified

Tools

Excel

Job description

The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data solutions. The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform. The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

Role Overview

The Middle Office Administrator provides support to the Brokers in capturing trade details, data entry and providing support as required.

Role Responsibilities

• Inputting FX Forward trades into the various front end trade capture systems, and are processed into such in a timely manner.
• Ensure that all trades are delivered to the client, via a 3rd Party electronic mechanism, such as Order Management System (OMS), where applicable.
• Ensure that all confirmations are delivered to the client, via E-Mail (or alternative route, such as ACS) and liaise with Clients or Brokers as required when there are problems.
• Resolve any queries in relation to non-delivery of electronic confirmations, liaising with either the 3rd Party Vendor and/or the Ops Services team, to ensure delivery by amending the trade after any changes / permission being granted.
• Ensure timely and accurate entry of trades into OMS.
• Oversight of clearing and reporting processes relating to errors or defaults.
• Ensure that any incoming confirmations from a 3rd party broker, or an overseas branch, match the details that we have booked in our system.
• Cross checking the agreements against the rates in OMS and also maintaining a summarised brokerage list.
• Middle office procedure.
• Maintaining client balances and ensuring to notify the brokers and the back office to change certain clients rates when the caps are reached.
• Assisting settlements with SDM (static data) - any changes that need making, adding new traders and maintaining client details.
• Checking exception brokerage reports and ensuring variances are valid.
• Cross training new staff.
• Maintaining an up to date contact list.
• Provide daily, weekly and monthly reports where required to Commercial and Operational management.

Band and Level Support, L3 #ICAP

Experience / Competences

• Degree qualified
• High attention to detail
• Proven experience of numerical accuracy
• Proven experience in Excel
• Interest in Financial Markets

At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background.

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

Location

New Zealand - Customhouse Quay - Wellington

Work with us

Connecting clients, communities and colleagues for sustainable growth TP ICAP connects people, platforms, ideas, and insight across the world’s financial, energy and commodities markets. As a global leader in market infrastructure and data-led solutions, we enhance market access, increase efficiencies, and unlock possibilities. Work with us. Joining TP ICAP puts you at the heart of markets that matter. You’ll have the freedom to innovate and act on your initiative. We’ll train you and build your abilities in your specialist area, so that you can become an expert in your field. And all within a connected network that’s there to set you up for success.

More about us

TP ICAP Group is a collection of premium brands each with a distinct, client-focused offering. Underpinning and connecting these client-facing brands is the financial security, operational strength and know-how we have as a Group. Connections are at the heart of what we do. We combine our people’s know-how with the latest technology to improve price discovery, trade execution and liquidity flow. Connections create strength. Through them, we help our clients to manage risk, realise investment strategies and expand the scope for growth. And connections act as a catalyst. Sparking richer solutions for our clients to break new ground, modernising markets for future performance, and creating dynamic careers for our people. Our capacity to connect builds trust, supports communities and gives us the power to anticipate and respond to change, whatever direction the world takes. It’s what makes TP ICAP a mainstay in the global markets, now and in the future. TP ICAP. We connect.