At a Glance
- Tasks: Manage electronic trading venues and ensure compliance with regulations.
- Company: Join Crédit Agricole CIB, a leading global bank committed to sustainability and innovation.
- Benefits: Enjoy a collaborative work environment with opportunities for personal and professional growth.
- Why this job: Make a real impact in finance while working on exciting commercial initiatives.
- Qualifications: Bachelor's degree required; experience in global markets preferred.
- Other info: Fluency in English and strong organisational skills are essential.
The predicted salary is between 36000 - 60000 £ per year.
Electronic trading has become an increasingly important component of the global FICC and Equities market landscape, contributing to changes in the market structure, price construction and distribution and liquidity provision. Trading venues have become prominent actors and regulators are increasingly looking at electronic execution in order to assess and mitigate the risks generated by electronic and algorithmic execution. In this context, the Electronic Trading Venue Management team forms the first line of defence and is in charge of the management and governance of electronic trading venues to ensure adherence to all applicable requirements, either internal or external, to trade safely on trading venues and generate business growth. This position is a joint venture between the COO Trading team and the Electronic Client Connectivity Team, to benefit from synergies in terms of workflows and process knowledge.
The key responsibilities of the team are:
- On-boarding and management of Traders’ parameters onto trading venues (Personal Identifiable Information)
- Coordination and management of the list of approved Electronic Trading Venues (Databroker) and the related market counterparties
- Internal coordination to ensure CACIB abides by trading venue requirements (processes, annual due diligence questionnaire etc.) as well as relevant internal rules
The candidate, based in London, will benefit from a strong exposure to commercial and trading initiatives and will work closely with GMD teams as well as Support Functions to implement and run a sound operating framework for trading venues.
Key Responsibilities
- Coordinate the setup of Traders onto trading venues (incl. annual internal recertification and reviews as well processes related to Personal Identifiable Information)
- Management of the counterparty base onto trading venues to minimise settlement risk (implementing the proper framework with CLD and CPL/FS)
- Own the eTAP template for new platforms as well as the related platform on-boarding policy and maintain them up-to-date in partnership with the second line of defence
- Coordinate the implementation of requirements defined by trading venues (especially in their rulebooks or contracts with CACIB), in partnership with relevant teams within the bank
- Institutionalise the information and knowledge on electronic platforms (targeting the use of a database) and ensure auditability and business continuity
- Assist in any ad hoc projects linked to the management of trading venues (business development, control framework…)
SPECIAL ROLE REQUIREMENTS
- Ability to gather stakeholders and coordinate projects to abide by requirements on a timely basis
- Prior experience in global markets and awareness of the relevant regulatory environment
Required skills Competencies
- Strong organisational skills
- Initiative and proactivity
- Teamwork
- Proven communication skills (both written and oral)
Technical skills required
- Fluent in English
- Proficient in MS Office tools (strong knowledge of Excel and Powerpoint)
- Prior awareness of some regulatory requirements is an asset (MiFID2, EMIR etc.)
Please note that if you are NOT a passport holder of the country for the vacancy you might need a work permit.
eBusiness Business Manager - Electronic Trading Venue Management employer: Crédit Agricole CIB
Contact Detail:
Crédit Agricole CIB Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land eBusiness Business Manager - Electronic Trading Venue Management
✨Tip Number 1
Familiarise yourself with the latest trends in electronic trading and the regulatory environment. Understanding frameworks like MiFID II and EMIR will not only enhance your knowledge but also demonstrate your commitment to staying updated in this fast-paced industry.
✨Tip Number 2
Network with professionals in the global markets sector. Attend industry events, webinars, or join relevant online forums to connect with others who work in electronic trading. This can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Showcase your organisational skills by discussing any relevant projects where you coordinated multiple stakeholders. Highlighting your ability to manage complex tasks will resonate well with the responsibilities of the eBusiness Business Manager role.
✨Tip Number 4
Prepare to discuss your experience with electronic platforms and trading venues during interviews. Be ready to share specific examples of how you've contributed to business growth or improved processes in previous roles.
We think you need these skills to ace eBusiness Business Manager - Electronic Trading Venue Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in global markets and electronic trading. Emphasise your organisational skills, initiative, and teamwork abilities, as these are crucial for the role.
Craft a Strong Cover Letter: In your cover letter, explain why you are interested in the eBusiness Business Manager position. Mention your understanding of the regulatory environment and how your background aligns with the responsibilities outlined in the job description.
Highlight Relevant Experience: When detailing your work history, focus on any previous roles that involved managing trading venues or working with electronic platforms. Use specific examples to demonstrate your expertise and achievements in these areas.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at Crédit Agricole CIB
✨Understand the Role
Make sure you have a solid grasp of what an eBusiness Business Manager does, especially in the context of electronic trading venues. Familiarise yourself with key responsibilities like on-boarding traders and managing counterparty risks.
✨Showcase Relevant Experience
Highlight any previous experience in global markets or with electronic platforms during your interview. Be prepared to discuss specific projects or roles where you demonstrated strong organisational skills and initiative.
✨Prepare for Regulatory Questions
Since the role involves compliance with regulations like MiFID2 and EMIR, brush up on these topics. Be ready to discuss how you would ensure adherence to trading venue requirements and manage risks associated with electronic execution.
✨Demonstrate Teamwork and Communication Skills
This position requires collaboration with various teams. Prepare examples that showcase your ability to work effectively in a team and communicate clearly, both in writing and verbally. This will help illustrate your fit for the role.