At a Glance
- Tasks: Manage trade lifecycle for Derivative products and ensure smooth settlements.
- Company: Join a boutique bank known for its collaborative culture and career growth opportunities.
- Benefits: Enjoy a supportive work environment with potential for remote work and professional development.
- Why this job: Kickstart your career in a top Capital Markets bank with a focus on innovation and teamwork.
- Qualifications: Ideal for those with OTC Swaps knowledge and a passion for process improvement.
- Other info: Open to all backgrounds, promoting an inclusive recruitment process.
The predicted salary is between 28800 - 48000 £ per year.
Job Description
CassonX are delighted to be a recruiting partner for this city based Securities and Capital Markets Bank that offers genuine career prospects and a collaborative environment that is unique as it is a boutique banking institution. This company is excellent to work for, they pride themselves on being collaborative and collegiate. This company has recently gone through some substantial changes, and those with experience of working on process improvements are always deemed advantageous but encouraged to offer their ability in return for better career prospects.
To be considered for this role, CassonX are looking to identify an individual at the start of their career, who has OTC Swaps knowledge in either settlements or confirmations, and would like to work for one of the best Capital Markets banks to work for, and forge a long lasting and achieving career. This role is very broad and candidates must be able to demonstrate an understanding of the full trade lifecycle for multiple Derivative products (OTC Swaps; IRS, CCS, FRA’s , CAP/Floor, ILS, Swaptions, etc). Day-to-day responsibilities include front-end trade capture, monitoring trades through platforms such as Markitwire and MarkitServ, trade allocations, managing compression cycles for cleared swaps, ISDA confirmations, clearing agent liaising to ensure the full processing of Futures and other lifecycle events. System knowledge is important for this role and candidates with proven experience on using Murex, ICE and Markitwire will be preferably considered.
A detailed job specification is available to suitable candidates.
CassonX Limited are committed to providing fair employment opportunities to all applicants. We encourage anyone to apply, regardless of their background, and promote a fair and inclusive recruitment process based on merit. If you require any assistance throughout the interview process to improve your experience, kindly let us know.
Derivatives Settlements and Confirmations - CassonX employer: CassonX
Contact Detail:
CassonX Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Derivatives Settlements and Confirmations - CassonX
✨Tip Number 1
Familiarise yourself with the full trade lifecycle of derivative products. Understanding how OTC swaps, IRS, and other derivatives function will give you a solid foundation to discuss during interviews.
✨Tip Number 2
Gain hands-on experience with platforms like Markitwire and Murex. If you can demonstrate your ability to navigate these systems, it will set you apart from other candidates.
✨Tip Number 3
Network with professionals in the capital markets sector. Attend industry events or join relevant online forums to connect with people who can provide insights and potentially refer you to opportunities.
✨Tip Number 4
Showcase your process improvement skills. Be prepared to discuss any past experiences where you've contributed to enhancing efficiency, as this is highly valued in the role.
We think you need these skills to ace Derivatives Settlements and Confirmations - CassonX
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Derivatives Settlements and Confirmations position. Familiarise yourself with terms like OTC Swaps, ISDA confirmations, and the full trade lifecycle.
Tailor Your CV: Highlight any relevant experience you have with OTC Swaps, settlements, or confirmations in your CV. If you've worked with platforms like Markitwire or Murex, be sure to mention this prominently.
Craft a Strong Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Discuss how your skills align with their needs, particularly your understanding of process improvements and collaborative work.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise.
How to prepare for a job interview at CassonX
✨Understand the Trade Lifecycle
Make sure you can clearly explain the full trade lifecycle for various derivative products. This includes OTC Swaps, IRS, CCS, and others. Being able to discuss each stage confidently will show your understanding and readiness for the role.
✨Familiarise Yourself with Key Platforms
Since the role involves using platforms like Markitwire and MarkitServ, it’s crucial to have a good grasp of how these systems work. If possible, try to get some hands-on experience or at least read up on their functionalities before the interview.
✨Highlight Process Improvement Experience
Given that the company values process improvements, be prepared to discuss any relevant experiences you have. Think about times when you identified inefficiencies and how you contributed to making things better.
✨Show Enthusiasm for Collaboration
CassonX prides itself on a collaborative environment. During the interview, express your enthusiasm for teamwork and provide examples of how you've successfully worked in teams in the past. This will align well with their company culture.