At a Glance
- Tasks: Assist brokers in executing corporate and non-Euro government repo transactions.
- Company: Join TP ICAP, a global leader in market infrastructure and financial services.
- Benefits: Enjoy a collaborative work environment with opportunities for growth and learning.
- Why this job: Kickstart your finance career in a dynamic team focused on innovation and client success.
- Qualifications: A-Levels preferred; no finance experience needed but a passion for learning is essential.
- Other info: Inclusivity is key; we encourage all enthusiastic candidates to apply!
The predicted salary is between 28800 - 43200 £ per year.
Desk Assistant – Corporate & Non-Euro Gov Repos
Apply locations London
Time type: Full time
Posted on: Posted 5 Days Ago
Time left to apply: End Date: December 27, 2024 (1 day left to apply)
Job requisition id: R3132
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.
About Tullett Prebon (TP)
A world-leading intermediary in the wholesale financial and energy markets, Tullett Prebon seeks to maximise value for its clients\’ trading activities across voice, hybrid and pure electronic channels.
We offer broking services for a wide range of asset classes, including Equities, Credit, FX, Rates and Insurance Derivatives.
Across all asset classes, Tullett Prebon offers e-solutions to give clients the choice to enter prices and execute trades electronically and directly via one of our hybrid electronic trading systems, or to engage with brokers to help identify and negotiate trades.
Role Overview
Corporate & Non-Euro Government Repos are an integral part of the global fixed income and short-term funding markets. This sector focuses on repurchase agreements where the underlying securities include corporate bonds or government debt issued outside the Eurozone, such as U.S. Treasuries or UK Gilts. As a Trainee Broker in this space, you will facilitate these transactions by connecting counterparties, negotiating competitive terms, and ensuring smooth execution.
This is an entry level role into the world of Broking and we believe somebody who is educated up to A-Levels would be best suited. We are looking for a bright and enthusiastic individual that can work autonomously and collaboratively in a small team and can think on their feet. This is an exciting opportunity to be part of a highly experienced team and would be perfect for somebody looking to start their career in Financial Services. Experience in finance / financial services is not necessary but would be beneficial.
Role Responsibilities:
- Promote TP ICAP Group.
- Provide complete support to the brokers for the smooth running of the desk.
- Ensure timely input of trades into trading systems.
- Resolve any trade queries received internally and externally, and ensure any trade discrepancies are resolved in a timely manner.
- Identify trade opportunities and calculate strategies.
- Keep trade records up to date.
- Update real-time manual / electronic whiteboards with market data.
- Provide input on various projects for brokers and traders.
- Provide trade details to brokers and traders on a daily basis.
- Give live quotes to traders through the messaging systems.
- Monitor markets and follow financial news and developments.
- Understand the underlying products being traded and keep up to date with knowledge of new products/procedures.
- Liaise with clients, (via telephone and face to face) to understand the business objectives of your clients as to provide a reliable and efficient broking service.
- Develop new business with existing clients and on-board new clients following the correct process with the Client On-Boarding team.
Experience / Competences:
Essential
- Ideally educated up to A-Levels.
- Demonstrated understanding in the financial markets and the economy.
- Build relationships and networks with both internally and externally wherever possible.
- Evidences professional and personal integrity at all times.
- Hard working and willingness to learn.
- Good communication skills (written and verbal).
- Handles situations and problems effectively using own initiative.
Desired
- Demonstrates ability to work effectively with others.
- Seeks opportunities for improvements.
- Demonstrates high levels of energy in seeking out and achieving new goals.
- Self-starter who can use their own initiative.
- Ability to work effectively in a high-pressure environment, can keep emotions under control in difficult situations with proven resilience.
Not The Perfect Fit?
Concerned that you may not meet the criteria precisely? 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. If you are enthusiastic about this role but find that your experience doesn\’t align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don\’t hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.
Company Statement
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 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
UK – 135 Bishopsgate – London
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Desk Assistant - Corporate & Non-Euro Gov Repos employer: Tullett Prebon
Contact Detail:
Tullett Prebon Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Desk Assistant - Corporate & Non-Euro Gov Repos
✨Tip Number 1
Familiarize yourself with the basics of repurchase agreements and the specific markets TP ICAP operates in. Understanding the nuances of Corporate & Non-Euro Government Repos will give you an edge during discussions and interviews.
✨Tip Number 2
Network with professionals in the financial services industry, especially those involved in broking or trading. Attend relevant events or webinars to make connections that could help you learn more about the role and potentially get a referral.
✨Tip Number 3
Stay updated on current financial news and market trends. Being able to discuss recent developments in the financial markets will demonstrate your enthusiasm and commitment to the role during your interactions with the team.
✨Tip Number 4
Prepare to showcase your ability to work under pressure and handle challenges effectively. Think of examples from your past experiences where you've demonstrated resilience and initiative, as these qualities are highly valued in this fast-paced environment.
We think you need these skills to ace Desk Assistant - Corporate & Non-Euro Gov Repos
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Desk Assistant position. Familiarize yourself with terms like 'repurchase agreements' and 'corporate bonds' to demonstrate your interest in the financial markets.
Tailor Your CV: Customize your CV to highlight relevant skills and experiences that align with the job description. Emphasize your communication skills, ability to work under pressure, and any experience that showcases your initiative and willingness to learn.
Craft a Strong Cover Letter: Write a compelling cover letter that reflects your enthusiasm for the role and the company. Mention why you are interested in starting your career in financial services and how your background, even if not directly related, can contribute to the team.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that your documents are well-organized and professional. A polished application reflects your attention to detail.
How to prepare for a job interview at Tullett Prebon
✨Understand the Role
Make sure you have a clear understanding of what a Desk Assistant in Corporate & Non-Euro Gov Repos does. Familiarize yourself with repurchase agreements and the types of securities involved, such as corporate bonds and U.S. Treasuries.
✨Show Enthusiasm for Financial Markets
Demonstrate your interest in financial markets during the interview. Discuss any relevant news or trends you've been following, and express your eagerness to learn more about the industry.
✨Highlight Communication Skills
Since the role involves liaising with clients and brokers, emphasize your communication skills. Provide examples of how you've effectively communicated in past experiences, whether in school projects or part-time jobs.
✨Prepare Questions
Prepare thoughtful questions to ask the interviewer about the team, the company culture, and growth opportunities. This shows your genuine interest in the position and helps you assess if it's the right fit for you.