At a Glance
- Tasks: Support trading operations by managing trade lifecycles and ensuring compliance with regulations.
- Company: Join a fast-growing Fintech Investment Bank known for innovation and cutting-edge technology.
- Benefits: Enjoy a competitive salary, bonuses, healthcare, and opportunities for growth in a dynamic environment.
- Why this job: Gain hands-on experience in a multi-asset class role while working alongside industry experts.
- Qualifications: Must have a 2:1 degree in a numerate subject and Python coding skills.
- Other info: This role requires commitment to office work, with some flexibility as you gain experience.
The predicted salary is between 34000 - 51000 £ per year.
Martis Search are representing a City of London based, but global Fintech Investment Bank to hire a multi-asset class Trade Support Analyst. Our client is willing to consider a 2022/ 2023/ 2024 2:1 numerate graduate with Python coding experience, who is willing to commit to and learn a multi-asset class Trade Support/ Operations role. This is not a stepping-stone into the Front Office. Our client is looking for someone who solely wants a career in Operations and Trade Support.
This particular team covers specific asset-class support, for example Commodities and FX and involves Operations/ Middle Office support for their Trading desks. You will need to be of graduate calibre with a 2:1 degree in a numerate based subject. The company trades a broad range of asset classes including global Equities, Fixed Income, FX (Vanilla and Structured), Interest Rate Swaps, Credit Derivatives, Futures & Options, Structured Notes, Commodities (physical and OTC) and Cryptocurrency, with constantly new asset classes being traded.
The company is innovative, technology driven and has successfully doubled their YoY profits every year since their inception. They are one of the fastest growing, cutting edge and successful Investment Banks to work for in London. They use cutting edge proprietary trading systems and technology to serve global Institutional clients ranging from Hedge Funds, Asset Managers, Investment Banks, and Commodity producers/ manufacturers.
The role is based on the trading floor and due to the success and growth in the business, our client prefers people to be in the office 5 days per week. There will be instances whereby you can work-from-home, especially as you gain more experience in the role, but due to the pace and complexity of the role responsibilities, our client would prefer someone who is committed to being in the office.
You will be a numerate based graduate with a degree in Economics, Mathematics, Engineering, or IT/ Tech related with proven coding experience in Python. The London Middle Office Trade Support team is based on the trading floor, using Prime Brokers, and the roles are Front-to-back Middle and Back Office support functions.
- Team of 10 in their London Middle Office, hiring globally in Operations.
- Products covered: Equities, Fixed Income, FX (Vanilla & Structured), OTC Derivatives i.e. Interest Rate Swaps, CDS, Futures & Options, Structured Products, Cryptocurrencies, Commodities.
- Systems: In-house technology, built and developed by the company themselves.
The role involves front to back support for front office and counterparties. You will be:
- Reconciling trade positions and cash flows, managing structured trade lifecycles across asset classes for both OTC and listed products.
- Sending trade confirmations and client statements, dealing with margin calls and settlements, as well as ensuring all relevant trades are reported correctly to meet MiFID, EMIR and Dodd-Frank regulatory frameworks.
- Learning Structured Products across all asset classes (Equities, Credit Derivatives, Structured Notes and Cryptocurrencies) and developing a good understanding of the entire operational flow and control for a complex business.
Requirements: You will be a detailed and organised person, used to adapting and excelling in an evolving and challenging environment. You will be keen to innovate and to make your mark in a fast-growing organisation, not afraid of commitment and hard work. If this sounds like you, please apply now.
This is a hard working Bank and Trade Support team. The hours are between 08:00 am/ 08:30 am – 18:00 pm/ 18:30 pm with mandatory 5 days per week in the office.
Salary: £40,000 - £60,000 per annum, dependent upon experience, plus good bonus, pension, healthcare etc.
OTC Exotic Derivatives Trade Support – Fintech Investment Bank (2022/ 2023/ 2024 2:1 numerate graduate with Python to commit to Trade Support/ Operations) employer: Martis Search
Contact Detail:
Martis Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land OTC Exotic Derivatives Trade Support – Fintech Investment Bank (2022/ 2023/ 2024 2:1 numerate graduate with Python to commit to Trade Support/ Operations)
✨Tip Number 1
Familiarise yourself with the specific asset classes mentioned in the job description, such as Commodities and FX. Understanding these areas will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Brush up on your Python skills, especially in relation to data analysis and trade support functions. Being able to showcase practical examples of how you've used Python in relevant scenarios can set you apart from other candidates.
✨Tip Number 3
Network with professionals already working in Trade Support or Operations within the fintech sector. Engaging with them on platforms like LinkedIn can provide valuable insights and potentially lead to referrals.
✨Tip Number 4
Prepare for potential technical questions related to trade reconciliation and regulatory frameworks like MiFID and EMIR. Showing that you understand these concepts will highlight your readiness for the role.
We think you need these skills to ace OTC Exotic Derivatives Trade Support – Fintech Investment Bank (2022/ 2023/ 2024 2:1 numerate graduate with Python to commit to Trade Support/ Operations)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your numerate degree and any relevant experience with Python. Emphasise skills that align with Trade Support and Operations, such as attention to detail and organisational abilities.
Craft a Strong Cover Letter: In your cover letter, express your genuine interest in a career in Operations and Trade Support. Mention specific asset classes you are familiar with and how your background makes you a suitable candidate for this role.
Showcase Relevant Skills: Highlight any experience you have with trade reconciliation, cash flow management, or regulatory frameworks like MiFID and EMIR. This will demonstrate your understanding of the responsibilities involved in the role.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for the role you're applying for.
How to prepare for a job interview at Martis Search
✨Showcase Your Python Skills
Since the role requires coding experience in Python, be prepared to discuss your previous projects or coursework that involved Python. Highlight any specific libraries or frameworks you have used and how they relate to trade support or operations.
✨Understand the Asset Classes
Familiarise yourself with the various asset classes mentioned in the job description, such as Equities, Fixed Income, and Commodities. Being able to discuss these in detail will demonstrate your interest and understanding of the role.
✨Emphasise Your Organisational Skills
The role requires a detailed and organised approach. Prepare examples from your academic or work experience where you successfully managed multiple tasks or projects, showcasing your ability to stay organised under pressure.
✨Demonstrate Commitment to Operations
This position is not a stepping-stone to the Front Office, so it's crucial to express your genuine interest in a long-term career in Trade Support and Operations. Be ready to explain why you are passionate about this area and how you see your future developing within it.