At a Glance
- Tasks: Support fixed income transactions, ensuring smooth operations and accurate records.
- Company: Join a respected financial firm known for innovative solutions in illiquid markets.
- Benefits: Enjoy career exposure, mentorship from industry pros, and clear growth opportunities.
- Why this job: Kickstart your finance career with essential skills and pathways for advancement.
- Qualifications: 1 year in back office or financial operations; basic understanding of fixed income products.
- Other info: Office-based role in Central London; EU work permit required.
The predicted salary is between 30000 - 40000 £ per year.
The Opportunity Hub UK is seeking a detail-oriented and dedicated professional on behalf of a respected financial services firm specialising in illiquid markets. This independent firm focuses on providing innovative financial solutions in sales, trading, and advisory for institutional and high-net-worth clients. Established in 2009, the firm has an established reputation for its expertise in handling distressed debt, credit securities, and other complex, illiquid assets.
Location: Central London (Office Based)
Salary: £30,000 - £40,000 per annum DOE
Job Overview: This position as a Junior Back Office Support – Fixed Income offers a unique chance to build a foundational career within fixed income and operational support. Ideal for someone at the beginning of their financial services journey, this role supports essential functions in the back office, ensuring the smooth operation and accuracy of fixed income transactions.
Here’s What You’ll Be Doing:
- Trade Support: Assisting with the booking, confirmation, and settlement of fixed income trades, contributing to smooth operational workflows.
- Reconciliation: Conducting daily reconciliations between internal and external systems, ensuring precise and error-free trade records.
- Client and Counterparty Liaison: Collaborating with clients and counterparties to resolve discrepancies and address operational queries.
- Documentation Management: Maintaining accurate and organised trade-related documents to support operational efficiency.
- Compliance and Reporting: Supporting compliance needs and helping with regulatory reporting for fixed income activities.
- Administrative Support: Providing general assistance to the back-office team to facilitate day-to-day operations.
Here Are the Skills You’ll Need:
- Experience: At least 1 year in a back office or financial operations role (internships and placements are considered).
- Understanding of Fixed Income Products: A basic grasp of bonds, loans, or similar fixed income products is beneficial.
- Attention to Detail: Exceptional organisational skills and a high degree of accuracy in data handling.
- Communication: Effective communication skills to liaise confidently with internal teams and external contacts.
- Technical Skills: Competence in Microsoft Excel and familiarity with financial systems.
Work Permissions: You must have the right to work in the United Kingdom. Visa sponsorship is not available at this time.
Here Are the Benefits of This Job:
- Career Exposure: Gain experience with a range of fixed income products and market operations in a specialised sector.
- Mentorship: Work alongside experienced professionals in the financial services industry, offering valuable insights and guidance.
- Growth Opportunities: Take advantage of professional development support and a clear path for career progression.
Why Pursue a Career in Fixed Income Back Office Support? A role in fixed income back office support provides a strong foundation in financial services, focusing on the essential processes that keep financial transactions running smoothly. Working in fixed income allows you to gain specialised knowledge in a key financial market sector, build in-demand operational skills, and open pathways for advancement within finance and investment roles.
Junior Back Office Support – Fixed Income employer: The Opportunity Hub UK
Contact Detail:
The Opportunity Hub UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Back Office Support – Fixed Income
✨Tip Number 1
Familiarise yourself with fixed income products like bonds and loans. Understanding these will not only help you in interviews but also show your genuine interest in the role.
✨Tip Number 2
Brush up on your Microsoft Excel skills, as this is crucial for data handling and reconciliation tasks. Consider taking a quick online course to enhance your proficiency.
✨Tip Number 3
Network with professionals in the financial services industry. Attend relevant events or join online forums to connect with people who can provide insights and possibly refer you to opportunities.
✨Tip Number 4
Prepare to discuss your attention to detail and organisational skills in interviews. Think of specific examples from past experiences where you demonstrated these abilities effectively.
We think you need these skills to ace Junior Back Office Support – Fixed Income
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Junior Back Office Support in Fixed Income. Familiarise yourself with terms like trade support, reconciliation, and compliance to demonstrate your knowledge in your application.
Tailor Your CV: Customise your CV to highlight relevant experience, especially any roles in back office or financial operations. Emphasise your attention to detail and any technical skills, particularly with Microsoft Excel, as these are crucial for the position.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the financial services industry. Mention specific skills that align with the job description, such as your ability to manage documentation and communicate effectively with clients.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as attention to detail is key in this role. A polished application reflects your professionalism and commitment.
How to prepare for a job interview at The Opportunity Hub UK
✨Understand Fixed Income Products
Before the interview, make sure you have a basic understanding of fixed income products like bonds and loans. This knowledge will help you answer questions confidently and demonstrate your interest in the role.
✨Showcase Your Attention to Detail
Since this role requires exceptional organisational skills, be prepared to discuss examples from your past experiences where your attention to detail made a difference. Highlight any relevant tasks where accuracy was crucial.
✨Prepare for Technical Questions
Brush up on your Microsoft Excel skills and be ready to discuss any financial systems you’ve used. You might be asked to solve a problem or explain how you would handle specific scenarios related to trade support.
✨Practice Effective Communication
As you'll be liaising with clients and counterparties, practice articulating your thoughts clearly. Prepare to discuss how you would handle discrepancies or operational queries, showcasing your communication skills.