At a Glance
- Tasks: Manage derivatives trade support and ensure accurate execution of processes daily.
- Company: Join a leading International Investment Bank with a strong reputation in the finance sector.
- Benefits: Enjoy competitive compensation and opportunities for professional growth in a dynamic environment.
- Why this job: Be part of a crucial team that impacts trading operations and enhances your finance skills.
- Qualifications: Prior experience in middle office, Trading Assistant, or Product Control with knowledge of ISDA documentation required.
- Other info: This role offers a unique dual-hat arrangement, providing diverse responsibilities and decision-making authority.
The predicted salary is between 48000 - 72000 £ per year.
I’m working with an International Investment Bank in the recruitment of a Cash Funding professional.
In this role, you will be responsible for Derivatives Trade Support under a dual-hat arrangement. Under this arrangement, you will act and make decisions on behalf of both the bank and the securities business,
Responsibilities will include:
- Day to day accurate execution of processes, being a direct contributor to re-engineering or building of controls
- Ensure accurate and timely bookings of trades
- Trade lifecycle management
- Calculations, trigger monitoring, break clause and expiry monitoring
- Ensure accuracy of all components of new and existing trade bookings across multiple systems
- Fully understand the controls required to support the business through inter-system reconciliations
Prior experience working in a middle office, Trading Assistant or Product Control experience in flow or exotic derivatives is needed to be successful in this role. From that you must then have a good understanding of Confirmations and ISDA documentation.
AVP, Derivatives Trade Support employer: dnevo Partners
Contact Detail:
dnevo Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land AVP, Derivatives Trade Support
✨Tip Number 1
Make sure to brush up on your knowledge of derivatives and the trade lifecycle. Understanding the nuances of trade execution, monitoring, and reconciliations will give you a solid foundation to discuss during interviews.
✨Tip Number 2
Network with professionals in the investment banking sector, especially those who work in middle office roles. They can provide insights into the day-to-day responsibilities and challenges of the position, which can be invaluable during your application process.
✨Tip Number 3
Familiarize yourself with ISDA documentation and confirmations. Being able to speak confidently about these topics will demonstrate your expertise and readiness for the role.
✨Tip Number 4
Prepare to discuss your experience with controls and process re-engineering. Highlight specific examples where you've contributed to improving efficiency or accuracy in trade support, as this aligns closely with the responsibilities of the role.
We think you need these skills to ace AVP, Derivatives Trade Support
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the responsibilities involved in the AVP, Derivatives Trade Support position. Highlight your relevant experience in derivatives trade support and middle office functions.
Tailor Your CV: Customize your CV to reflect your experience with derivatives, trade lifecycle management, and any relevant controls you have implemented. Use specific examples that demonstrate your expertise in handling ISDA documentation and confirmations.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the requirements of the role. Emphasize your dual-hat experience and how it aligns with the bank's needs. Be sure to mention your understanding of trade bookings and inter-system reconciliations.
Proofread and Submit: Before submitting your application, carefully proofread all documents for clarity and accuracy. Ensure that your application is complete and that you have included all necessary information to make a strong impression.
How to prepare for a job interview at dnevo Partners
✨Understand the Derivatives Landscape
Make sure you have a solid grasp of derivatives, especially flow and exotic types. Be prepared to discuss your previous experiences in middle office roles and how they relate to the responsibilities outlined in the job description.
✨Showcase Your Trade Lifecycle Knowledge
Be ready to explain the trade lifecycle management process in detail. Highlight your experience with calculations, trigger monitoring, and break clause management to demonstrate your expertise.
✨Emphasize Control Mechanisms
Discuss your understanding of the controls necessary for inter-system reconciliations. Provide examples of how you've contributed to building or re-engineering controls in your past roles.
✨Familiarize Yourself with ISDA Documentation
Since knowledge of Confirmations and ISDA documentation is crucial, prepare to talk about your experience with these documents. Being able to articulate their importance in the trade support process will set you apart.