At a Glance
- Tasks: Coordinate clearing for OTC derivatives and manage regulatory changes across Europe, the US, and Asia.
- Company: Join Crédit Agricole CIB, a global leader in sustainable finance and corporate banking.
- Benefits: Enjoy paid volunteering leave, mentoring opportunities, and a collaborative work culture.
- Other info: Diversity is celebrated, and all backgrounds are encouraged to apply.
- Why this job: Make a real impact in the financial world while developing your skills in a dynamic environment.
- Qualifications: Bachelor's degree and understanding of international capital markets required.
The predicted salary is between 63000 - 77000 £ per year.
Business type: Types of Jobs - Corporate & Investment Banking
Contract type: Internship/Trainee
Job summary:
- Coordinating all Clearing aspects for OTC derivatives, Listed Derivatives (ETD) and Repos
- Regulatory watch and Regulatory change relating to clearing obligation in Europe, in the US and in Asia
- Implementing new rules and adequate organization to meet regulatory requirements
- Providing reports on clearing activities
- Coordination of the response to CCP due diligence questionnaires
- Onboarding new CCPs Paris booking if necessary
- Assessing Clearing impact of Transversal projects
- Contingency planning on Clearing (Monitoring and implementation)
- Contributing to scarce resources planning (RWA reduction, Balance Sheet reduction)
- Contributing to collateral clearing management upon request of the relevant team
- Relationship management with major European CCPs and Clearing Brokers
- Implementing other CCP initiatives (LCH SwapAgent, EUREX partnership program)
- Acting as Business Project Manager for Clearing IT projects
Confidentiality:
- You may become aware of information of a confidential nature relating to the documents you work on. You shall treat any and all information as strictly confidential and will not release, disclose or divulge any or all of such information to any other person.
- You shall not take or make copies of or reproduce in any manner any Information whether by photocopy, photograph, in written form, computer disk or audio tape or by any other means or upon any other media.
- You agree and acknowledge that any release, disclosure, divulgence or use of any or all of the Information shall cause serious damage and harm to CRÉDIT AGRICOLE CIB or any Group Company.
- You agree to comply with all applicable laws, regulations, codes and any policies and procedures that CRÉDIT AGRICOLE CIB or any Group Company issues from time to time and which apply to you.
Legal and Regulatory Responsibilities:
- Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and the Financial Crime Policy.
- Maintain appropriate knowledge to ensure to be fully qualified to undertake the role.
- Complete all mandatory training as required to attain and maintain competence.
Supplementary Information:
- Make an impact that matters: Your work contributes to a social responsibility and sustainable future.
- Grow without limits: Access development opportunities across the Crédit Agricole Group.
- Thrive in a culture built on trust: Be part of a collaborative environment built on trust, autonomy, and empowerment.
- Shape the future of banking: From digital transformation to innovative solutions, you are fully supported to challenge conventions and turn ideas into reality.
Geographical area: Europe, United Kingdom
City: London
Qualifications:
- Bachelor Degree / BSc Degree or equivalent
- Good understanding of international capital markets and financial products
Experience:
- Exposure to Business Management
- Exposure to Project Management
Required skills:
- Strong organisational skills (prioritisation of tasks, methodical and systematic approach)
- Ability to work under pressure
- Initiative and proactivity
- Action oriented / problem solving
Technical skills required:
- Proficient in MS Office tools
- Strong analytical skills (ability to analyse large amounts of data, propose KPIs/KRIs, detect trends, risks and anomalies)
General information:
- Entity: Crédit Agricole CIB is the corporate and investment bank of the Crédit Agricole group.
- We support major companies and financial institutions in their development and the financing of their projects.
- Joining our teams means working in a multicultural environment, both dynamic and stimulating.
- Our culture is built on collaboration, innovation and openness, where everyone is valued and empowered.
- All our jobs are open to people with disabilities. We welcome applications from candidates of all backgrounds and experiences.
Global Markets Division - COO Office Clearing Analyst in London employer: Crédit Agricole SA
Crédit Agricole SA is an exceptional employer, offering a vibrant work culture in the heart of London that fosters professional growth and development. Interns in the Structured & Transactional Commodity Finance team will benefit from hands-on experience in a dynamic investment banking environment, with ample opportunities to enhance their finance and project management skills while contributing to impactful transactions across the EMEA region.
StudySmarter Expert Advice🤫
We think this is how you could land Global Markets Division - COO Office Clearing Analyst in London
✨Tap into Campus Resources
Universities often have strong ties with banks and financial institutions. Make sure to check in with your career services for any internship fairs or networking events. These can be golden opportunities to meet representatives from firms like Crédit Agricole SA and make a lasting impression.
✨Join Finance Societies and Clubs
Get involved with finance or investment clubs at your university. These not only offer great networking potential but often host guest speakers from the industry. Show your enthusiasm and engage with these professionals—who knows, they might tip you off about internship openings at Crédit Agricole SA!
✨Have Your Application Ready to Go
Internship applications can be competitive and come with tight deadlines. Be proactive! Have your CV and cover letter prepared and tailored for roles at Crédit Agricole SA. When the openings go live, you’ll want to be one of the first to apply.
✨Leverage LinkedIn for Connections
LinkedIn is a powerful tool, especially in the banking sector. Follow recruiters from Crédit Agricole SA and connect with alumni who are working in similar roles. Don’t hesitate to drop them a message to introduce yourself and express your interest in internships—they might have insider info or even refer you!
We think you need these skills to ace Global Markets Division - COO Office Clearing Analyst in London
Some tips for your application 🫡
Show Off Those Grades!:In banking and financial services, your academic background is super important. Make sure to highlight your grades, especially in finance, economics, or maths. If you've got any relevant coursework or projects, don’t hesitate to include them in your CV!
Craft Your Cover Letter with Care:For an internship, we want to see your enthusiasm and motivation. Use your cover letter to explain why you’re excited about this opportunity at Crédit Agricole SA and what you hope to learn. Be personal and connect the dots between your education and the role of Global Markets Division - COO Office Clearing Analyst.
Squeaky Clean CV:Your CV should be clear and free of jargon. Focus on the skills that matter most in the banking sector, like analytical thinking and attention to detail. Don't forget to include any internships or part-time jobs that show your experience in a banking environment!
Utilise Relevant Experiences:If you've been involved in finance-related clubs or societies at university, mention that in your application. Showing your practical experience alongside your studies can make a real difference and demonstrate your passion for the financial world. We love seeing candidates who go the extra mile!
How to prepare for a job interview at Crédit Agricole SA
✨Show Us Your Analytical Skills
As an intern in the banking and financial services sector, you'll want to showcase your analytical skills. Be ready to tackle numerical and case questions during your interview. Brush up on your data interpretation abilities and consider scenarios where you've used data to solve problems.
✨Know Your Financial Tools
Familiarise yourself with the financial tools and software commonly used in banking, like Bloomberg or Excel for financial modelling. We recommend having a couple of examples where you've applied these tools in your studies or projects to impress the interviewer.
✨Be Passionate About Learning
Internships are all about learning, so express your enthusiasm for the banking industry. Share what trends you're excited about, or recent news you've followed, to show you're motivated and engaged. This can set you apart from other candidates who might be less enthusiastic.
✨Prepare for Behavioural Questions
Expect behavioural questions that assess your fit within a team and your ability to handle challenges. Think of examples from your studies or group projects that highlight your teamwork, adaptability, and communication skills. We want to see how you've navigated situations that are relevant to the workplace!