At a Glance
- Tasks: Support FX transactions and ensure timely processing within a dynamic team.
- Company: Join an international bank located in the vibrant Canary Wharf area.
- Benefits: Enjoy a hybrid work model and competitive pay of £220 per day.
- Why this job: Be part of a fast-paced environment that values quality service and process improvement.
- Qualifications: A solid understanding of FX settlements and confirmation matching processes is essential.
- Other info: Opportunity for professional growth and development in a reputable financial institution.
The predicted salary is between 42000 - 66000 £ per year.
Trade Support Associate – FX Processing
Canary Wharf
Contract Hybrid (2/3 split)
£220 per day
cer Financial are working alongside an international bank who are based in Canary Wharf. They are seeking a Trade Support Associate to work with them on a permanent basis.
The responsibilities of a Trade Support Associate will include:
- Day-to-day processing of the FX transactions within the wider Derivative Operations team.
- Ensure timely trade processing of FX transactions from Front Office trade capture systems to the respective accounting and payment system and General Ledger.
- Ensure all payments are entered in time to meet respective deadlines.
- Ensure all accounting entries (DDA and General Ledger) have been processed correctly.
- Ensure trades are verified to respective external sources prior to processing.
- Ensure all downstream system links are actively monitored intra-day and end day.
- Ensure confirmation matching process has been completed in a timely manner with resolution of discrepancies.
- Ensure reconciliation breaks on Nostros are proactively followed up and resolved.
- Ensure daily / weekly and monthly functions are completed to an accurate level in a timely manner.
- Timely escalation of issues with documentation where necessary and follow through to resolution.
- Develop relationships with Front Office to promote quality service.
- Proactively improve processes via 3
Associate Trading Support Specialist - CER Financial employer: cer Financial
Contact Detail:
cer Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Trading Support Specialist - CER Financial
✨Tip Number 1
Familiarise yourself with FX settlements and confirmation matching processes. Understanding these concepts will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the finance industry, especially those working in trade support or FX processing. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Stay updated on the latest trends and regulations in FX trading and settlements. This knowledge can set you apart during discussions and show that you're proactive about your professional development.
✨Tip Number 4
Prepare to discuss how you've improved processes in previous roles. Highlighting your problem-solving skills and ability to enhance efficiency will resonate well with hiring managers looking for a Trade Support Associate.
We think you need these skills to ace Associate Trading Support Specialist - CER Financial
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in FX transactions and trade support. Emphasise any previous roles where you processed financial transactions or worked with accounting systems.
Craft a Strong Cover Letter: In your cover letter, express your understanding of the FX settlements business and confirmation matching processes. Mention specific skills that align with the job description, such as your ability to meet deadlines and resolve discrepancies.
Showcase Relevant Skills: Highlight your familiarity with payment formatting requirements and regulatory reporting. If you have experience with User Acceptance Testing or process improvement, be sure to include that as well.
Proofread Your Application: Before submitting, carefully proofread your application for any errors. Ensure that all information is clear and concise, as attention to detail is crucial in this role.
How to prepare for a job interview at cer Financial
✨Know Your FX Settlements
Make sure you have a solid understanding of FX settlements and the confirmation matching processes. Be prepared to discuss how these concepts apply to the role and demonstrate your knowledge of market standards.
✨Highlight Your Attention to Detail
As a Trade Support Associate, accuracy is key. Share examples from your past experiences where your attention to detail made a difference, especially in processing transactions or resolving discrepancies.
✨Demonstrate Proactive Problem-Solving
Be ready to talk about times when you've proactively improved processes or resolved issues. This will show your potential employer that you can take initiative and contribute positively to their operations.
✨Build Rapport with Front Office
Since developing relationships with the Front Office is crucial, think of ways to express your interpersonal skills. Share experiences where you successfully collaborated with other teams to enhance service quality.