At a Glance
- Tasks: As a Futures Analyst, you'll process trades, resolve discrepancies, and support compliance audits.
- Company: Join Tradition, a leading interdealer broker with a global presence and a commitment to client service.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration in London.
- Why this job: Be part of a team that values creativity and integrity while making an impact in the finance sector.
- Qualifications: Experience in trade support, proficiency in SEALS and Exchange GUIs, and strong analytical skills are essential.
- Other info: This is a 6-month contract role, perfect for those looking to kickstart their career in finance.
The predicted salary is between 36000 - 60000 £ per year.
Tradition is the interdealer broking arm of Compagnie Financière Tradition and one of the world's largest interdealer brokers in over-the-counter financial and commodity related products. CFT is represented in over 28 countries, employing over 2,500 people. Tradition’s goal is to provide superior client services. It believes its business success is a direct reflection of its employees and recruits. As such, teamwork, creativity, reliability and integrity are components of a work ethic taken very seriously since the company was founded in 1959.
Tradition is currently seeking to appoint a Futures Analyst on a 6 month contract to be based within the London office.
Main responsibilities within the Futures Analyst position include:
- Process and allocate futures trades accurately across client accounts using SEALS and exchange GUI’s, ensuring compliance with Exchange rules, firm policies and client instructions.
- Perform daily checks between front office, SEALS, and back-office systems, resolving discrepancies promptly.
- Maintain client account details in SEALS, respond to client inquiries, and resolve allocation issues efficiently.
- Ensure trade allocations adhere to regulatory requirements and internal controls, supporting compliance audits as needed.
- Utilise and support Exchange GUIs and SEALS, monitoring, and troubleshooting, including system testing and upgrades.
- Identify and escalate allocation discrepancies or trade errors, collaborating with risk teams to mitigate risks.
- Recommend and implement enhancements to allocation processes, and participate in training to stay updated on SEALS and industry practices.
- Work closely with front office traders, back office teams, and other stakeholders to ensure smooth trade processing and issue resolution.
Key skills, experience and competencies required to be successful in this role:
- Experience in a middle office or trade support role within the futures market.
- Proficiency in Exchange GUI’s and SEALS system and a strong understanding of futures trade processes.
- Experience in trade reconciliation, client support, and regulatory compliance.
- Experience of Exchange GUI’s in the following markets, ICE, CME, CBOT and EUREX.
- Strong attention to detail, analytical skills, and the ability to work under pressure in a fast-paced environment.
Futures Analyst employer: Tradition
Contact Detail:
Tradition Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Futures Analyst
✨Tip Number 1
Familiarise yourself with the SEALS system and Exchange GUIs like ICE, CME, CBOT, and EUREX. Understanding these tools will not only help you in the role but also show your potential employer that you're proactive and ready to hit the ground running.
✨Tip Number 2
Network with professionals already working in the futures market or similar roles. Engaging with them can provide insights into the day-to-day responsibilities and challenges, which can be invaluable during interviews.
✨Tip Number 3
Stay updated on regulatory requirements and compliance practices within the futures market. This knowledge will demonstrate your commitment to maintaining high standards and your ability to support compliance audits effectively.
✨Tip Number 4
Prepare to discuss your experience in trade reconciliation and client support during the interview. Highlight specific examples where you've resolved discrepancies or improved processes, as this will showcase your problem-solving skills and attention to detail.
We think you need these skills to ace Futures Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of a Futures Analyst. Familiarise yourself with the key skills and competencies required, such as experience in trade support and proficiency in SEALS and Exchange GUIs.
Tailor Your CV: Customise your CV to highlight relevant experience in middle office roles or trade support within the futures market. Emphasise your analytical skills, attention to detail, and any specific experience with ICE, CME, CBOT, and EUREX.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention how your background aligns with Tradition's values of teamwork, creativity, reliability, and integrity, and provide examples of how you've demonstrated these qualities in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is accurate and clearly presented. A polished application reflects your attention to detail.
How to prepare for a job interview at Tradition
✨Know Your Futures
Make sure you have a solid understanding of futures trading and the specific markets mentioned in the job description, like ICE, CME, CBOT, and EUREX. Brush up on your knowledge of how trades are processed and reconciled, as this will show your potential employer that you're serious about the role.
✨Familiarise Yourself with SEALS and Exchange GUIs
Since proficiency in SEALS and Exchange GUIs is crucial for this position, take some time to learn about these systems. If possible, try to get hands-on experience or watch tutorials online. Being able to discuss your familiarity with these tools will give you an edge in the interview.
✨Demonstrate Attention to Detail
Given the importance of accuracy in processing and allocating trades, be prepared to discuss examples from your past work where your attention to detail made a difference. This could involve resolving discrepancies or ensuring compliance with regulations.
✨Showcase Your Teamwork Skills
Tradition values teamwork highly, so be ready to share experiences where you've successfully collaborated with others, especially in high-pressure situations. Highlight how you communicate effectively with front office traders and back office teams to ensure smooth operations.