Trade Management Analyst

TP ICAP Group; Philippines; On-site; PHP 600,000 - 1,200,000; Full time

Job summary

TP ICAP Group in the Philippines is seeking a Trade Management Operations professional to support brokers and trading desks across APAC in Manila. The role focuses on Name Give Ups, Exchange Traded and Matched Principal activities, ensuring trades are booked and reconciled with strict settlement timelines.

You will collaborate with Front Office, provide risk-aware operations support, and maintain up-to-date SOPs while delivering accurate confirmations to clients within SLA.

Qualifications

• Bachelor's degree or equivalent in a related field.
• Knowledge of cross-asset classes: FX, rates, fixed income, equities.
• Experience in managing trade flow and confirmations.
• Proficient in Microsoft Office suite.
• Ability to communicate with Front Office and clients clearly.

Responsibilities

• Ensure trades are captured and booked accurately in systems.
• Coordinate with brokers and clients to deliver confirmations.
• Monitor trade blotter and reconcile with front office.
• Prepare daily/weekly/monthly operation reports.
• Maintain audit trails and adherence to SLAs.

Skills

Cross-asset knowledge

Trade flow management

MS Office

Front Office communication

Risk & controls mindset

Education

Bachelor's degree

Tools

Markitwire

Refinitiv

RTNS

ACS

Job description

Group Overview

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

We are recruiting high calibre candidates who will support the brokers and trading desks in Operations environment, covering cross-products in Foreign Exchange, Money Markets, Rates, Fixed Income and/or Equity Derivatives. He/she will support in Manila office with the role as Trade Management Operations in APAC markets on Name Give Ups, Exchange Traded and/or Matched Principal activities. The candidate will work closely with the Front Office, get prepared to discuss initiatives to aid the Front Office in trade booking and brokerage calculation, and support the business during Trades Lifecycle, i.e. before, during and after trade execution. To provide Operations feedback and perspective with Risk & Control mindset while facilitating the Business and Front Office from initial booking through the front & middle office systems to confirmations. The role and responsibility include Client Services, Operations Excellence and Quality Assurance: ensures all trades are accurately booked and matched in-time according to strict settlement timelines and/or client’s expectation; ensures all trade confirmations are accurate and send to clients within the agreed SLA; ensures all enquiry are properly handled and promptly follow up; ensures tasks completeness and procedures/ SOP are up-to-date.

Role Responsibilities

• Responsible for ensuring that all trades arrive from 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 (e.g. Markitwire, Refinitiv), where applicable.
• Ensure that all confirmations are delivered to the client, via either Fax or Email (or alternative route, such as ACS).
• Liaise with brokers and/or customers in relation to non-delivery of fax, email and ACS confirmations.
• 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 various clearing venues, as appropriate.
• Perform daily and regular operational controls and reconciliation, such as Brokerages reconciliation, Day Summary & Exceptional Brokerage reports, Intersystem reconciliation & follow up breaks with Front Office/ Clients, EOD tasks completeness checklist, etc.
• Ensure that any incoming confirmations from a 3rd party broker, or an overseas branch, match the details that we have booked in our system.
• Monitor trade blotter and all electronic confirmation processes delivered to Markitwire or Reuters are accepted on a timely manner.
• With reference to the above point, and in relation to SEF executed trades, ensure that all trades are cleared in a timely manner, escalating as appropriate, in accordance with the procedures defined.
• Provide daily, weekly and monthly reports where required for Commercial and Operational management.
• Maintain good audit trails, books & records; ensure SOP/Procedure are reviewed regularly and up-to-date.
• Support the proper escalation matrix & protocols, team & organization structure and management direction.

Experience & Competences

• Essential University graduates (Bachelor degree or above), or with equivalent years of relevant work experience.
• Have good underlying knowledge of cross asset classes, including Rates, FX Forwards, Money Market, Fixed Income and/or Equity Derivatives.
• Skilled in Microsoft applications software (Word, Excel, PowerPoint, Outlook, Teams, Copilot, etc.).
• Skills as a bonus to the role – AI, Power Automate, Python, Low-code-No-code, Data integration, etc.
• Have experience managing trade flow, ideally from a financial services background, and be able to show evidence as to products knowledge, and the ability to communicate effectively with the front office.
• Resolve 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, amending the trade, as necessary, subsequent to any changes / permission being granted.
• Overview of external systems/ platforms, such as RTNS, Markitwire, UTS, etc.
• Contact MarkitWire/ Refinitiv, where appropriate, to resolve any trades that cannot be delivered due to permission/data issues.
• Handles trade queries from institutional customers and front office.
• Able to meet tight deadlines and cut-off times.
• Good interpersonal and communication skills, positive mindset and attitude, creative and consistent.
• Willing to work on public holidays with rotations.
• Desired Some experiences in projects, system migration or UAT.
• Continuous improvement mindset in both BAU processes and personal objectives.

Job Level and Band

Professional, L4 or L5

Company Statement

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.

Location

Location Philippines - Ecoprime Building - Taguig City

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.