At a Glance
- Tasks: Support derivatives trades, manage trade lifecycles, and ensure accurate bookings.
- Company: Join a leading International Investment Bank with a strong global presence.
- Benefits: Enjoy competitive pay, potential for remote work, and great corporate perks.
- Why this job: Be part of a dynamic team, enhance your skills, and make impactful decisions.
- Qualifications: Experience in middle office or trading support, with knowledge of ISDA documentation required.
- Other info: Opportunity to work on both bank and securities business processes.
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
Familiarise yourself with the specific derivatives products that the bank deals with. Understanding both flow and exotic derivatives will give you an edge in discussions during interviews, showcasing your knowledge and enthusiasm for the role.
✨Tip Number 2
Network with professionals already working in derivatives trade support or related fields. Engaging with them on platforms like LinkedIn can provide insights into the role and may even lead to referrals, increasing your chances of landing an interview.
✨Tip Number 3
Brush up on your understanding of ISDA documentation and confirmations. Being able to discuss these topics confidently will demonstrate your readiness for the responsibilities of the role and your commitment to mastering the necessary controls.
✨Tip Number 4
Prepare to discuss your previous experience in middle office roles or as a Trading Assistant. Highlight specific examples where you contributed to process improvements or managed trade lifecycle tasks, as this will directly relate to the responsibilities outlined in the job description.
We think you need these skills to ace AVP, Derivatives Trade Support
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in derivatives trade support, middle office roles, or product control. Use specific examples that demonstrate your understanding of trade lifecycle management and ISDA documentation.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Clearly outline how your previous experience aligns with the responsibilities mentioned in the job description, particularly focusing on your ability to execute processes accurately and manage trade bookings.
Highlight Relevant Skills: Emphasise skills that are crucial for this position, such as attention to detail, analytical thinking, and familiarity with inter-system reconciliations. Mention any specific software or systems you have used in past roles that relate to derivatives trading.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your professionalism and attention to detail, which are essential in the finance industry.
How to prepare for a job interview at dnevo Partners
✨Know Your Derivatives Inside Out
Make sure you have a solid understanding of derivatives, especially flow and exotic types. Be prepared to discuss your previous experience in middle office roles and how it relates to the responsibilities of this position.
✨Demonstrate Your Process Knowledge
Be ready to explain the day-to-day processes involved in trade support. Highlight any experience you have with trade lifecycle management, including calculations and monitoring break clauses or expiries.
✨Showcase Your Attention to Detail
Accuracy is key in this role, so be prepared to discuss how you ensure precision in trade bookings and inter-system reconciliations. Share examples of how you've implemented controls or improved processes in your past roles.
✨Familiarise Yourself with ISDA Documentation
Since a good understanding of Confirmations and ISDA documentation is crucial, brush up on these topics. Be ready to discuss how you've dealt with these documents in your previous positions and their importance in trade support.